Billion Dollar Unicorns: Dianping is Thriving in China with its Local Reviews Business

It is not just in the US where local business review sites such as Care.com and Angie’s List have gained lofty valuations from VC funding while relying on a faulty business model. The phenomenon has spread internationally where companies are counting on crowdsourced local reviews to drive advertising and subscription revenues across their platform. One

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HomeAway Attempts to Regain Market Confidence Through Tie-Ups

After a disappointing first quarter performance, vacation rental site HomeAway (Nasdaq: AWAY) recently announced second quarter results that surpassed market expectations. Additionally, they have been tying up with several other online services providers in an effort to simplify the vacation planning process for their customers.

Billion Dollar Unicorns: Garena Secures Singapore’s Entry to the Club

There aren’t many Southeast Asia-based companies that have joined the prestigious Billion Dollar Unicorn club. Singapore-based online and mobile entertainment provider Garena is one of the few who has joined the club and continues to grow at record pace.

Watson Could Hold the Answers to IBM’s Woes

IBM’s (NYSE: IBM) revenues have been declining for a while now. But the company does not seem too worried as they continue to drive focus toward other investments, the biggest one being Watson. IBM’s cognitive system, Watson, has become the most well known example of super computers. Watson follows the human thinking process of observing, interpreting, evaluating and decision making

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Carnival in the Cloud: Workday Delivers a Surprise Profit

According to Allied Market Research, the Global ERP Software Market is expected to grow 7% annually over the period 2014 through 2020 to be worth $41.69 billion. SaaS-based enterprise services provider Workday (NYSE: WDAY) has been doing well in this market. In fact, in the recent quarter, the company managed to sneak in a profit. It is

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Care.com Needs Some TLC for Itself

According to a recent IBISWorld research report, the US home health care market is estimated to be worth $73 billion this year, having grown a modest 1.5% annually over the period 2010 through 2015. Another IBISWorld report pegs the country’s spend on child day care to be worth $45 billion this year, having declined 0.8% annually

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Billion Dollar Unicorns: Splunk Beefs Up Cyber Security

According to a MarketsandMarkets report published earlier this summer, the global cyber security market is estimated to be worth $170.21 billion by 2020, recording a growth of 10% annually over the five year period 2015 through 2020. The market is projected to be worth $106.32 billion this year. Big Data analytics software solutions provider and

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Billion Dollar Unicorns: Delivery Hero Gets Multi-Billion Dollar Valuation for Food Delivery

Recent market reports peg the global food ordering market to be worth $70 billion with nearly $9 billion of it being conducted online. A report by Cowen and Company suggests that the online food ordering market will be more than the offline food ordering market by the year 2020. Billion Dollar Unicorn club member Delivery

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