Earlier this week, eBay (Nasdaq: EBAY) announced their first ever quarterly results post spinning off PayPal. Any concerns about there being life for eBay after PayPal were put to rest by the announcement of the latest quarterly results, which surpassed market expectations.
Three years back, Marissa Mayer took on Yahoo’s (Nasdaq: YHOO) leadership to turn around a failing company. Today, Yahoo does not appear to have done significantly better. Quarterly results continue to disappoint and their flailing attempts to fix a broken ship don’t appear to be bearing much results.
According to a recent study on e-commerce sales conducted by RetailMeNot, the e-commerce retail industry in Europe is expected to grow 18% in 2015 to €185.39 billion (~$210.3 billion). Strong growth is expected across the continent with the United Kingdom projected to grow 16% this year. Even Germany which is a much mature market is expected to
After a stellar second quarter that Netflix (Nasdaq: NFLX) reported earlier this year, their latest results were a big disappointment. Subscriber growth in the US fell short of market projections, and the skyrocketing international growth in subscribers could not help the stock from falling.
A MarketsandMarkets report on the global medical automation market estimated the industry to be worth $43.2 billion back in 2013. The industry is expected to grow 9% annually over the five year period to be worth $66.92 billion by 2018. Modernizing Medicine, an upcoming player in this market, offers impressive products that are sure to make
It has been an impressive ride for Evernote, one of the first Billion Dollar Unicorn members who appeared to have figured out the key to converting the debatable freemium model to a money making machine. But things appear to have slowed down a bit for the company.
According to a report from Bloomberg Intelligence, the Chinese search market is dominated by Baidu which commands an impressive 74.4% of the market. Qihoo is a distant second with 17% market share followed by Billion Dollar Unicorn club member Sogou, which accounts for 7% of the share.
According to a BCG report on the global payment processing market, payments businesses generated $425 billion in transaction revenues in 2013. The market is expected to grow to $807 trillion by the year 2023, translating to a 8% annualized growth rate. Here is a quick recap of what payment processing services provider and Billion Dollar Unicorn club member