According to a McKinsey report, the global payments market is estimated to grow from $1.9 trillion in 2017 at 9% CAGR to $2.9 trillion by 2022. Portsmouth-based Bottomline Technologies (Nasdaq: EPAY) is a leading player in the B2B world of digital payments.
According to an Orbis Research report, the global online survey software market is expected to grow 11% annually over the next few years from $1.01 billion in 2018 to double that by the year 2024. SurveyMonkey (Nasdaq: SVMK) is delivering strong results in wake of this growth projection.
This has been a big year for ride sharing companies as the giants in the space – Uber and Lyft – both went public this year. Uber (NYSE: UBER) delivered the biggest IPO of the year and analysts were expecting a lot from Lyft (NASDAQ: LYFT) as well. But since going public, both companies have
President Trump’s recently introduced tariff hikes against China have begun to hurt the US stock market. Recently, networking giant Cisco (Nasdaq: CSCO) reported its quarterly results. While the reported quarter’s performance outshone market expectations, the outlook was a big disappointment. The company blamed the low outlook on the growing trade concerns with China.
Shopify (NYSE:SHOP), a leading cloud-based commerce platform that helps SMBs run their business through both physical and digital storefronts, recently announced results for a strong second quarter that surpassed estimates. Over the past year, its stock has soared over 150%.
eBay (Nasdaq: EBAY) recently reported its second quarter results that surpassed market expectations. The company is now mulling over splitting up, yet again. A few years ago, eBay had spun off PayPal to a separate company, and now it is considering a similar fate for StubHub and its Classifieds business.
According to a recent Marketers Media report, the global helpdesk automation market is estimated to grow 33% annually to $11 billion by 2023. Earlier this month, Zendesk (NYSE: ZEN), a leading player in the market reported its second quarter results that were well received by the market.
According to a recent report, the global security and vulnerability market is estimated to grow 10% through the year 2023. Earlier this month, Rapid7 (Nasdaq: RPD), a leading player in the industry, recently announced its second quarter results that surpassed all market expectations.