BlackBuck in High Gear in Indian Logistics

According to IBEF, the Indian logistics sector is expected to grow at a CAGR of 8%-10% from $160 billion to $215 billion by 2020. Benguluru-based BlackBuck is a logistics startup that is looking to modernize logistics and make it as simple as hailing an Uber.

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Intuit Focuses on AI to Drive Growth

According to a recent IBISWorld report, the US tax preparation industry has grown 2% annually over the last few years to $11 billion this year. The market is dominated by two key players – Intuit (NASDAQ: INTU) and H&R Block. But as self-prepared tax returns continue to grow at a faster pace than assisted tax returns, Intuit will keep that advantage. Reports reveal that for the recently ended tax season, self-prepared tax returns reported a 3.3% growth compared with a 1% decline in the number of returns filed by accountants and other tax professionals.

Eventbrite Struggling Under Public Gaze

Last year, San Francisco-based, Eventbrite, finally listed on the NYSE. The company had been trying to stay independent for a while. But being under public scrutiny hasn’t been very helpful. Investors haven’t been happy with its continuing losses and the stock price has tumbled. Nearly nine months after listing, the stock continues to languish below list price with little hope in sight for recovery.

eBay Experiments to Drive Expansion

After a few lackluster quarters, eBay (Nasdaq: EBAY) recently delivered results that surpassed all market expectations. The company continues to experiment with its sales model to drive additional revenues. While it may still not reach Amazon’s might, the market is pleased with the steps it is taking to retain interest.

Cloud Stocks: SurveyMonkey Eyes Acquisitions for Growth

According to an IBISWorld research report, the online survey software market in the US is estimated to grow 5% this year to $1.1 billion. The growth appears to have slowed down from the 12% annual growth rate reported over the years 2014 through to 2019. But that does not appear to deter SurveyMonkey (Nasdaq: SVMK), which continues to invest in AI, acquisitions, and geographic expansion to drive growth.

Grofers Revives With Focus on Unit Economics and Private Labels

The Indian food and grocery market accounts for about 70% of the retail market, which is why every major player from Amazon to Ola is eyeing it. Online food grocer Grofers has recently raised $220 million in a Series F round led by Softbank Vision Fund. According to a Goldman Sachs report, the Indian online grocery market is expected to reach $40 million in FY2019 and is expected to grow at a CAGR of 62% from 2016 to 2022.

Will Cisco Acquire Twilio?

According to a report published by Market Insights earlier this year, the global cloud communication platform market is expected to grow 27% annually to $9.87 billion by 2025. The industry is seeing some consolidation as well. Earlier this year, Twilio (NYSE:TWLO) announced a $3 billion acquisition of SendGrid. I believe the consolidation in the industry will continue during the coming quarters, and Twilio itself may become a potential target.

Pluralsight Banks on Acquisitions

According to a Global Markets Insight report, the global e-learning market is estimated to reach $300 billion by 2025 from $190 billion in 2018 driven by the adoption of the technology in the academic segment. Cedar Valley, Utah-based Pluralsight (NASDAQ: PS) is a leading player in the e-learning segment that continues to outpace market expectations.

Cloud Stocks: HubSpot Counts on its API Strategy

According to a Grand View Research Report, the global digital marketing software market is estimated to grow 15% annually through to 2025. Cambridge, Massachusetts-based HubSpot (NYSE:HUBS) is a leading player in the inbound marketing campaigns segment that recently reported a strong quarter.

Will OpenText Launch an App Marketplace?

According to a Persistence market research report, the global enterprise information management solutions market is estimated to grow to $70 billion by 2025. Waterloo, Canada-based OpenText (Nasdaq: OTEX) is a leader in the market that has grown through acquisitions and a well-defined platform strategy.