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.
According to recent reports, the attendance for the world’s top 10 theme-park operators grew 8.6% last year, almost double the rate of 2016. Visitors to parks run by Walt Disney Co. (NYSE: DIS) rose 6.8% to 150 million worldwide, while Merlin Entertainments, the runner-up operator saw attendance to Lego Land climb 7.8% to 66 million.
The year 2017 was not a very friendly year for ride-sharing giant Uber. The company was embroiled in controversy surrounding its corporate culture and business practices, it let go of its founder, and continued to deal with legal cases relating to trade secret thefts. Uber continues to pay for its issues in the current year
Networking giant Cisco (Nasdaq: CSCO) has had a remarkable year so far. Its stock has climbed nearly 18% since the start of the year as the company transforms itself to adapt to the newer technologies. Cisco has been moving away from its traditional business of supplying switches and routers into newer areas of cloud and