Many believed that content discovery app, Pinterest, was looking to go public soon. But recent reports reveal that Pinterest may have delayed its IPO plans to the next year, at least. Meanwhile, the company’s Billion Dollar Unicorn status continues to thrive.
A Gartner report published last year estimates the backup and recovery software market as the largest segment of the overall storage software market. The backup and recovery software market was estimated to be a $5.7 billion industry in 2015, recording a growth of 5.5% over the year. Palo Alto-based Rubrik is a Billion Dollar Unicorn
An emarketer report published earlier this year estimates the US digital ad spending to grow from $83 billion in 2017 to $129.23 billion in 2021. Mobile is expected to remain the biggest driver of digital’s growth in the current year. The researcher expects mobile ad spending to surpass TV ad spending in the next two
According to a recent report, the Brazilian e-Commerce segment grew 7.4% last year to $13.4 billion. The market is projected to grow to $15.1 billion this year. The growth in the industry is driven by a 22% increase in the number of consumers making at least one virtual purchase last year. Brazil is the largest
Till a few years ago, no one would have thought that the hottest trend in e-commerce would be to buy mattresses online. People wanted to be able to feel the comfort of a mattress before they purchased it. But as e-commerce sweeps through our lives, some of these formerly-unthinkable categories are also becoming Internet friendly.
A recent report published by MarketsandMarkets expects the IT Service Management (ITSM) market to grow from $4.41 billion in 2016 to $8.78 billion by 2021, which translates to an annualized growth rate of nearly 15% over the next five years. The growth in the industry is driven by the continuing adoption of mobile and Bring
Earlier this year, Big Data vendor and Billion Dollar Unicorn club member Cloudera filed to go public. Analysts weren’t very optimistic of the company’s valuation on the stock market. But that did not deter the listing. Recent performance suggests that while Cloudera may have lost its earlier lofty valuation, it still manages to stay put
An Allied Market Research report published earlier this year estimates the global mobile payments market to grow 33% annually to $3,388 billion by 2022. The growth in the market is expected to be driven by the Asia-Pacific region. Billion Dollar Unicorn club member Stripe is a leading player in the industry, which also happens to be