Earlier this year, daily deals market leader Groupon (Nasdaq:GRPN) fired its founder and CEO, Andrew Mason. Since then, the company’s stock price has doubled in value as the market regains some confidence in Groupon. The stock further strengthened when the company announced their second quarter results along with the appointment of a new CEO. Groupon
According to market research by Rajesh Thambala, India’s child-oriented retail sector was estimated to be worth Rs 23,000 crores (~$3.8 billion) last year. The sector is projected to grow 20% annually to Rs 80,000 crores (~$13.1 billion) by 2016, translating to a 20% annual growth rate. There is potentially an immense opportunity for growth for
According to market reports, the global fashion industry is estimated to be a $1.5 trillion market. But most of the trading in the segment is still conducted through brick-and-mortar stores. Even in the U.S., of the $300 billion fashion market, only a mere 10% is conducted online. It follows that in emerging markets like that
EDA is a funny industry. It takes enormous intellectual horsepower to build software that can help design the chips that power today’s devices. It creates tremendous value. And yet, that value doesn’t translate into wealth these days. Failure of capitalism? Let’s examine.
The recent $200 million investment in India’s e-commerce player Flipkart has sparked big interest in the country’s online retail trade. According to market research, India’s e-commerce market grew from $2.5 billion in 2009 to $14 billion last year. The country has more than 10 million online shoppers, and that number is growing 30% annually. Online
According to a recent report, the global business travel market is projected to grow 12% this year to $176 billion. Growth will be driven by the Asia Pacific region while European countries will remain stable. Here is a snapshot of how travel expense management company, Concur, is expanding rapidly in this high-growth market.
According to a BIA/Kelsey report, the local advertising market is projected to grow 2.3% annually to be worth $148.8 billion by 2017. The market was worth $132.5 billion in 2012. Growth within local advertising is expected to come from digital sources, which should see expansion of 12% annually. Meanwhile, traditional media advertising are projected to
According to an eMarketer report released earlier this year, an increasing number of recruiters are moving to LinkedIn as their preferred source of candidates. A survey of recruiters conducted by recruitment software company Bullhorn in the country found that in 2012, 98% of recruiters were relying on a social network tool to access candidates. A