Salesforce.com (NYSE: CRM) is a horse that just keeps giving. It recently released its first quarter results, and unsurprisingly, the results shot past market expectations. The market was pleased and it sent the stock to record-high levels.
According to a report published earlier this year, the global cloud storage market is estimated to grow from $30.70 billion in 2017 to $88.91 billion by 2022, translating to an annual growth rate of 23.7% over the five year period. The robust industry growth is translating into stellar performance by Billion Dollar Unicorn players like Box
In the US credit rating industry that is dominated by Equifax, Experian, and TransUnion, Billion Dollar Unicorn Credit Karma was expected to list this year. However, recent funding arrangements suggest otherwise.
Amazon’s continued leadership in the retail sector, coupled by Walmart’s push in the e-commerce segment is raising significant concerns for eBay (Nasdaq: EBAY). eBay is fighting back by looking at international markets for growth.
There is nothing that appears to slow down Alibaba’s (NYSE: BABA) growth rates. It recently reported results for the March ended quarter, and the company delivered its eighth consecutive quarter of over 50% revenue growth. Also, unlike other e-tailers, Alibaba is delivering this growth while delivering impressive income levels.
According to a Research and Markets report published last year, the global online travel market is estimated to grow 11% annually over the period 2017 through 2023 to become a $1.14 billion industry by 2023. The growth is attributed to improvements in ease of bookings, safer online payment methods, and availability of multiple choices and
Those waiting for Airbnb to go public will need to wait some more. Earlier this year, the Billion Dollar Unicorn player announced that it had no plans of listing this year. It is focused on improving its business and financial model.
Earlier this week, Hewlett Packard Enterprise Co. (NYSE: HPE) reported its second quarter results. While it beat all market expectations, its cautious outlook sent the stock tumbling.