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Rakuten – the Alibaba of Japan

Posted on Monday, May 19th

According to a recent report released by Forrester, e-commerce sales in the markets of China, Japan, South Korea, India, and Australia will grow at a compound annual growth rate of 16.6% to $858 billion in 2018. The report predicts that growth rate in the developed markets of Japan will be comparatively slower at 10%. Japan’s

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Yelp vs. OpenTable

Posted on Friday, May 16th

Today there is a growing importance of online review sites in the consumer decision making process. A Merchant Warehouse infographic released last year revealed that 72% of consumers trusted online reviews for their decisions. The study found that 90% of the visitors to online review site Yelp (NYSE: YELP) were influenced by the reviews they

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Credit Karma Sees Strong Revenue Growth, No Profit Yet

Posted on Thursday, May 15th

A recent IBISWorld research saw the revenues of US consumer credit scoring agencies grow 5% annually over the period 2009 through 2014 to be worth $11 billion this year. The market is dominated by the three key credit score providers – Equifax, Experian, and TransUnion. Today, US consumers have nearly $13 trillion in outstanding debt

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Automattic Wants to Take-Over the Web

Posted on Wednesday, May 14th

The interest in social blog sites, along with their valuations, has been growing rapidly. Last year, Yahoo acquired social blog site Tumblr for a whopping $1.16 billion. More recently, Automattic, the company that powers WordPress.com raised funds at a valuation of $1.16 billion as well. Here is a brief overview of how they have done

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Squarespace’s Silent Growth

Posted on Tuesday, May 13th

According to the United Nations International Telecommunications Union, by the end of the current year, nearly 3 billion people or 44% of the world’s households will have access to the Internet. Internet penetration is understandably the highest in the developed regions of America and Europe at 66% and 75% respectively. While three quarter of the

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Electronic Arts Delivers on Next Gen Consoles

Posted on Monday, May 12th

According to Gartner, the global video game industry is estimated to be worth $93 billion in 2013, growing from $79 billion in 2012. Gartner believes that the industry, which includes video game console hardware and software, online, mobile, and PC games, will grow to $111 billion by 2015. Growth is expected to be driven by

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Groupon Sinks to 52-Week Low Figures

Posted on Friday, May 9th

Online daily deals site Groupon (Nasdaq: GRPN) does not seem to be recovering at all. Earlier this week, they announced quarterly results that managed to exceed market projections. But despite their performance, a weak industry outlook and rising company costs sent the stock tumbling to 52-week low figures. According to a report by IBISWorld, the

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Atlassian Software’s Skyrocketing Valuations

Posted on Thursday, May 8th

According to a recent Gartner report, Worldwide IT spending is projected to grow 3.1% over the year to $3.8 trillion this year. Growth in the market will be driven by the Enterprise Software segment which is projected to increase 6.8% this year to $320 billion.