I have never understood the idea behind venture capitalists driving multi-billion dollar valuations for companies that keep struggling with finding a successful revenue model. One such story is that of Billion Dollar Unicorn player Snapchat, which has seen their valuations skyrocket while still experimenting with a viable monetization opportunity.
A recent IBISWorld report estimates the online US car dealers market to have grown a modest 2.9% annually over the period 2010 through 2015 to be worth $24 billion this year. Compare this figure with the 9% growth rate delivered by the US Car and Automobile manufacturing industry’s growth during the same period. Another IBISWorld report pegs the
A recent IBISWorld report on the online photo printing market in the US estimated the industry to have grown 10% annually over the period 2009 to 2014 to $2 billion. Leading online photo printing player Shutterfly (Nasdaq: SFLY) reported second quarter results that were better than the market’s forecast.
According to a Forrester research report, Brazil’s business-to-consumer e-commerce sales are projected to grow from $17.8 billion in 2014 to $40.8 billion in 2019. Argentina, the second largest market in the region, is expected to see e-commerce sales grow from $3.4 billion in 2014 to $8.3 million in 2019 and over the same period, Mexico will see
According to a recent US Census Bureau report, the country’s retail e-commerce sales, adjusted for seasonal variation, grew 4.2% over the year to $83.9 billion during the second quarter this year. Total retail sales during the same period grew 1.6% to $1,171.5 billion. Billion Dollar Unicorn player ContextLogic appears to be reaping the full benefits of
There aren’t many Southeast Asian countries who have managed to reach the Billion Dollar Unicorn Club. In fact, according to market reports, there are only two players in the region — Garena from Singapore and VNG from Vietnam.
According to a recent report by eMarketer, e-commerce revenues are projected to grow 12.4% annually to be worth $3.5 trillion by 2019. E-commerce is estimated to account for $1.672 trillion in sales this year, contributing to 7.3% of overall global retail sales. By 2019, e-commerce will account for 12.4% of total retail sales. Billion Dollar
Analysts estimate the sales acceleration technology market to be worth $12.8 billion. Billion Dollar Unicorn club member InsideSales.com is making big inroads in this market.