Billion Dollar Unicorns: Rong360 Goes Public on NYSE as Jianpu

In the second half of the year, there has been a flurry of Chinese FinTech companies going public in the US. Jianpu Technology, a wholly owned subsidiary of Billion Dollar Unicorn Rong360 is the latest to list on the NYSE under the ticker JT. >>>

Featured Videos

Billion Dollar Unicorns: New Relic at a 52-Week High

According to Gartner, the Application Performance Management market grew 13% to $2.93 billion in 2016. With enterprise businesses continuing to rapidly adopt cloud technologies, the APM market is expected to reach $5.6 billion by 2020. The market is led by Dynatrace with 14.2% share followed by IBM with 8% share and New Relic (NYSE: NEWR) with 6.3% share. >>>

Billion Dollar Unicorns: Zscaler Getting Ready for IPO

According to Gartner, cloud-based security web gateways services are showing rapid growth with a five-year historical compound annual growth rate of 32%, compared to just 5% for on-premise appliances. Billion Dollar Unicorn Zscaler has been named as a leader in the Gartner Secure Web Gateway Magic Quadrant for the seventh consecutive year. >>>

Billion Dollar Unicorns: HelloFresh Lists Successfully

According to research from Second Measure, the US meal kit market is worth $5 billion and is led by Blue Apron with a 57.5% market share. Early this month, Billion Dollar Unicorn HelloFresh , which has a market share of 28.4%, listed successfully on the Frankfurt exchange. While Blue Apron’s market share is plummeting, HelloFresh is on the rise. >>>

Billion Dollar Unicorns: Microvast Charges into the Club

According to Grand View Research, the global electric vehicle charging infrastructure market was valued at $1.16 billion in 2016. It is expected to gain traction over the next ten years driven by the growing demand for electric vehicles. The Asia Pacific region dominates the market with about 50% of the market share in 2016. Based on this growing demand, Chinese company Microvast entered the Billion Dollar Unicorn Club early this year. >>>

International Focus Paying Off For Salesforce

Salesforce (NYSE: CRM) had another great quarter that beat analyst estimates. It is also showing good progress on its focus on the international markets. The only blemish is the miss on the fourth quarter earnings forecast. >>>

Billion Dollar Unicorns: Profitable Qualys Hits a New High

According to Gartner, the global cloud-based security services market is estimated to grow 21% this year to $5.9 billion and $9 billion by the year 2020. Cloud-based security and compliance solutions provider and Billion Dollar Unicorn Qualys (NASDAQ: QLYS) has a 3.1% market share in the Security and Vulnerability Management market, which is led by IBM with 13.5% share. >>>

SendGrid has a Successful IPO

According to a 2017 Radicati Group report, an estimated 125 billion commercial emails are sent every day, and the number of email users is expected to grow from 3.7 billion in 2017 to 4.1 billion by 2021. Email delivery and performance platform SendGrid went public last week on the New York Stock Exchange under the ticker SEND. >>>

Snap Tumbles as Competitors Become too Big to Handle

Social messaging service Snap (NYSE: SNAP) continues to flounder. The company had listed on the NYSE in March this year amid much speculation. Snap listed when its business model was yet to prove successful – it was not only missing profits but was also failing to deliver growth in other metrics. Recently reported quarterly results are no better, and the stock continues its downward trajectory.

>>>

From Unicorn to Unicorpse: Blue Apron Tanks Under Public Scrutiny

Meal-kit delivery service Blue Apron may have boasted about knowing the recipe to success once upon a time. But the market scrutiny that accompanies a public listing hasn’t done the company any favors. The New York-based company began trading on the NYSE earlier this summer. In less than six months, the valuation of the company has tanked as the stock price has fallen nearly 70%.

>>>