According to market reports, end user spending on cloud services is expected to be more than $180 billion by the year 2015 and spending on cloud equipment to grow to $79.1 billion by 2018. It is estimated that by 2014, US organizations will spend more than $13 billion on cloud computing and managed hosting services.
The market has been waiting for the last couple of years for peer-to-peer lending platform Lending Club to go public. I had projected that they would rather wait to hit the $100 million revenue mark before listing. And looks like, they did just that.
According to a recent eMarketer report on the US mobile advertising market, the sector is projected to grow 82% in 2014 to $9 billion. eMarketer expects US mobile advertising to grow to $28.4 billion by the year 2018 and account for 85.9% of the US digital advertising market compared with the 39.5% share this year. Google
Local deals site Groupon (Nasdaq: GRPN) is making very slow progress in turning themselves around. Nearly two years since they fired their founder Andrew Mason, the stock hasn’t fared significantly better. The company continues to try new ways to reignite the earlier growth and deliver the financial performance the market desires.
Twitter (NYSE: TWTR) took its time in going public as it evaluated the market conditions and kept delaying their IPO till they thought the market was strong enough to handle their listing. The stock had a good run in the first few months of listing. A year since it went public, it is a different
According to the 2014 Global Games Market Report by Newzoo, global game revenues are projected to grow 8% in 2014 to $81.5 billion. The market will be dominated by growth in the Asia Pacific and Latin America regions. Asia Pacific revenues will see their share increase from 42% in 2013 to 45% this year. Latin-America’s shares will grow
For the recently ended quarter, Yahoo (Nasdaq: YHOO), surprisingly, reported results that beat the market’s expectations. Since Ms. Mayer took over as the CEO of Yahoo, she has been focusing on building Yahoo through acquisitions. Most of their acquisitions are focused on adding talent and the market remains puzzled about their ability to monetize these
According to an eMarketer report published earlier this year, the US social network ad revenues are projected to grow 31% this year to $5.82 billion. Social networking giant Facebook remains the advertising leader with an estimated $3.95 billion in revenues. Twitter is a distant second with ad revenues from the US growing 88% this year to $790.5