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.
According to a recent eMarketer market, the total retail e-commerce market in South Korea is estimated to grow 11% this year to $36.76 billion, making them the third largest e-commerce market in the Asia-Pacific region, after China and Japan. E-commerce is expected to account for nearly 10% of South Korea’s total retail market share. The South Korean
I have repeatedly written about the VC funding frenzy that has taken companies with doubtful business models to lofty valuations and exorbitant amounts of funding. Driven by such valuations, it is little surprise then that on the public stock exchanges even Billion Dollar Unicorns have faltered. Cloud storage company Box is one such example. After