Credit Karma Delays Its IPO Plans

In the US credit rating industry that is dominated by Equifax, Experian, and TransUnion, Billion Dollar Unicorn Credit Karma was expected to list this year. However, recent funding arrangements suggest otherwise.

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eBay Eyeing International Markets

Amazon’s continued leadership in the retail sector, coupled by Walmart’s push in the e-commerce segment is raising significant concerns for eBay (Nasdaq: EBAY). eBay is fighting back by looking at international markets for growth.

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Tencent Reports Record Profit

According to The New York Times, there are over 770 million internet users in China. Chinese Internet giant recently reported a record quarterly profit that beat analyst expectations driven by double-digit growth in its messaging platform WeChat and mobile gaming. >>>

Alibaba Knows No Boundaries

There is nothing that appears to slow down Alibaba’s (NYSE: BABA) growth rates. It recently reported results for the March ended quarter, and the company delivered its eighth consecutive quarter of over 50% revenue growth. Also, unlike other e-tailers, Alibaba is delivering this growth while delivering impressive income levels.

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TripAdvisor Looking to Turn its Business Around

According to a Research and Markets report published last year, the global online travel market is estimated to grow 11% annually over the period 2017 through 2023 to become a $1.14 billion industry by 2023. The growth is attributed to improvements in ease of bookings, safer online payment methods, and availability of multiple choices and comparison options. Travel booking giant TripAdvisor (NASDAQ:TRIP) recently reported results that beat estimates.

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Billion Dollar Unicorns: Airbnb Delays IPO Plans, Again

Those waiting for Airbnb to go public will need to wait some more. Earlier this year, the Billion Dollar Unicorn player announced that it had no plans of listing this year. It is focused on improving its business and financial model.

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Billion Dollar Unicorns: Pinterest Revenues Jump 58%

Recent reports suggest image-based searching and sharing site Pinterest saw a 58% jump in its annual revenue. However, it has missed its earlier estimates.   >>>

HPE Counting on Acquisitions for Its Next Round of Growth

Earlier this week, Hewlett Packard Enterprise Co. (NYSE: HPE) reported its second quarter results. While it beat all market expectations, its cautious outlook sent the stock tumbling.

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Disney Trying to Woo Fox

According to recent reports, the attendance for the world’s top 10 theme-park operators grew 8.6% last year, almost double the rate of 2016. Visitors to parks run by Walt Disney Co. (NYSE: DIS) rose 6.8% to 150 million worldwide, while Merlin Entertainments, the runner-up operator saw attendance to Lego Land climb 7.8% to 66 million. Universal Studios came in a distant third with a 4.4% increase to 49.5 million visitors. With Disney’s parks doing good business, Disney is preparing to up the ante on the streaming market for its digital content.

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Billion Dollar Unicorns: Adyen Ready for an IPO

According to data platform PitchBook, there are nearly 30 private FinTech startups that are valued at or above $1 billion. One of them is Billion Dollar Unicorn Adyen that is expected to go public soon. >>>