The recently ended quarter did not bring in much good news for Google (NASDAQ: GOOG), again. This was the sixth consecutive quarter that Google’s earnings missed market expectations. Things don’t seem to be improving in the near future. The recent Yahoo and Firefox agreement has hurt Google as their US search share slipped to the lowest since
A new report by BI Intelligence suggests that social media ad spending in the US will grow from $6.1 billion in 2013 to $14 billion by 2018. The growth in this ad spend is creating a big need for players like Billion Dollar Unicorn club contender Hootsuite that help companies manage their social media marketing better.
Yahoo’s (Nasdaq: YHOO) Marissa Mayer just can’t seem to figure out an operational turnaround. Earlier this week, Yahoo reported their first quarter results for the year and they continued to disappoint the market. Some may argue that since Mayer took over the reins, Yahoo’s stock has nearly tripled. But the growth in the stock is really
Recent market reports suggest that the global media industry is a $600 billion business with most either already running digital operations for their magazines or in the process of transitioning to them. Despite the high digitization of media, only 20% of ads are currently digital. Social magazine and Billion Dollar Unicorns Club member Flipboard believes that
Billion Dollar Unicorn club member ServiceNow (NYSE: NOW) may have been founded to offer IT Service Desk Management capabilities over the cloud. But in recent years, they have diversified their offerings beyond ITSM to include additional enterprise management capabilities including HR, operations, legal, and facilities management. They continue to do so with stellar results as is evident
According to a recent eMarketer report, total retail sales in Brazil are estimated to grow 7.3% in 2015 to $460.06 billion. Total retail sales in the country are projected to grow to $545.33 billion by the year 2018. E-commerce is expected to continue to see double digit growth through 2018. Retail e-commerce is expected to grow
According to an eMarketer report published last December, China is the world’s largest smartphone market with over 519.7 million users in the country as of 2014 and is expected to grow to 704.1 million users by the end of 2018. Increasing smartphone penetration is helping Billion Dollar Unicorn players like Didi-Dache increase their market share.
A Forrester report released earlier this year estimates the Chinese e-commerce market to grow 20% annually from $307 billion in 2013 to more than $1 trillion by 2019. The growth in the market is being driven by the penetration of Internet in the country as well as adoption of mobile devices. But while the market statistics may be strong,