E-Commerce Unicorns 2022: Motorway and Flink Meet Pandemic Driven Demands through E-Commerce

According to a report published earlier this year, the e-commerce market in Europe is expected to grow 7.3% annually to $363 billion by 2027 from $481 billion in 2022. The recent pandemic has accelerated the demand for e-commerce across various sectors. Supply chain issues have accelerated the demand, and values for used cars. One such

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E-Commerce Unicorns 2022: Jokr Faces Troubles and Shutters US Operations

According to a report published last year, the global same day delivery market was expected to grow 21% annually to reach $20.36 billion by 2027. Several companies are trying to address the instant delivery requirements by setting up of micro fulfillment centers. But sustaining a profitable, and an attractive business model is appearing to be

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E-Commerce Unicorns 2022: Oddity Leverages AI to Guarantee the Right Foundation Color

Online purchase of make-up has never been easy. But with the pandemic, that sector has also accelerated its transition to the internet. Virtual try-ons have become easier with brands like Dior and Charlotte Tilbury allowing users to see the impact of their products over Zoom. Chanel too launched an app, Lipscanner, that allows people to

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E-Commerce Unicorns 2022: Fabric Builds Headless Commerce to Cater to e-commerce Growth

According to a recent report, the global e-commerce fulfillment services market size is expected to grow at 9.5% CAGR from $86.5 billion in 2021 through 2030. The continued adoption of e-commerce is resulting in the increase in the number of online buyers, especially in emerging economies. While Amazon remains the giant in the space, smaller

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Indian Unicorns 2022: Spinny Leverages AI in Used Car Market Through Scuoto Acquisition

According to a JM Financial report, the pre-owned car market in India is set to more than double to 8.2 million units or $47 billion by 2026 from 4 million units or $17 billion in 2021. The growth in the market is also driving the growth of the used car vendors such as Spinny, which

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Indian E-Commerce Unicorns 2022: Good Glamm Targets Both Online and Offline D2C Market in India

According to a recent report, India’s beauty and personal care (BPC) market is estimated at $25.9 billion in 2020. It is projected to grow 8% annually to reach $32.7 billion by 2023. While traditional retailers continue to serve the market, there is a growing presence of e-commerce players as well. One such player is Good

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Indian E-Commerce Unicorns 2022: DealShare Looking to Double its Market Reach

According to a Bain report, the social commerce in India is expected to grow from $1.5-$2 billion market in 2022 to as much as $20 billion in five years. The report expects this market to grow to $70 billion by 2030, making India’s social commerce sector twice the size of the current e-commerce market within

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Cloud Stocks: Veeva Targets $13 Billion TAM

Pleasanton, California-based Veeva (NYSE: VEEV) recently reported its first-quarter results that continued to outpace market expectations. The company crossed a major milestone as it ended the quarter with an annualized revenue rate of over $2 billion. The market is very pleased with Veeva, and its stock jumped 13% in the after-hours trading session.