Indian Fashion E-Tailer Yepme Looks Shaky

According to a joint study by the global Boston Consulting Group (BCG) and Facebook, the online fashion market is currently worth about $4 billion or 5% of the Indian fashion retail industry. By 2020, about $30 billion of the Indian fashion industry is expected to be digitally influenced. Yepme is an online fashion player looking to make it big in this industry. However, there are several obstacles in its path.    >>>

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Billion Dollar Unicorns: Yuanfudao, China’s First EdTech Unicorn

According to iResearch, China’s online education market is projected to grow to $40 billion in 2019 from $23.5 billion in 2016. Riding this wave are China’s leading Internet giants Baidu, Alibaba Group Holding, and Tencent, who have invested heavily in online education. A beneficiary of this interest is Yuanfudao, which early this year became the first Chinese Billion Dollar Unicorn in the sector. >>>

2017 IPO Prospects: Farfetch Dresses Up to Go Public

Market reports expect the global online retail services to grow double in the next three years from $1.9 trillion in 2016 to more than $4 trillion in 2020. UK-based Farfetch is a Billion Dollar Unicorn  player in the industry that now appears to be gearing up to go public.

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India’s Furniture Etailer Pepperfry Diversifies

According to consulting firm RedSeer, mobile phones and fashion accounted for about 68% of the overall gross sales by e-commerce firms in India in 2016 while furniture accounted for about 1%. Online furniture marketplace Pepperfry is a leading player and one of the most funded startups in the sector. >>>

Billion Dollar Unicorns: Is Cybereason the Next Cyber Security Company to get Acquired?

According to a MarketsandMarkets report, the global cyber security market is expected to grow 11% annually over the next five years to $231.9 billion from $137.85 billion in 2017. Recent cyber attack reports such as the Equifax breach have increased interest in the segment. Billion Dollar Unicorn club member Cybereason is already benefiting from the increasing interest and market growth.

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Is Palo Alto Networks Getting Ready for an Acquisition Spree?

According to a recent Gartner report, global enterprises are transforming their security spending strategy by moving away from prevention-only approaches to more detection and response-related ones. Gartner believes that the global spending on information security will grow 7.6% in 2017 to $90 billion and predicts this market to grow to more than $113 billion by 2020.

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Billion Dollar Unicorns: TransferWise Turns Profitable

According to a World Bank report, an estimated $582 billion was sent by migrants to relatives in their home countries in 2015. The remittance market is dominated by Western Union, MoneyGram, and Ria, but there is increasing competition from startups like Billion Dollar Unicorn TransferWise.  >>>

Billion Dollar Unicorns: CrowdStrike Joins the Club

According to a report by Markets and Markets, the global endpoint security industry is estimated to grow from $11.62 billion in 2015 to $17.38 billion by 2020. That translates to an 8% annualized growth rate for the next three years. Recent hacking reports, especially concerning the US Presidential election, have revived the interest in the cyber security market. Billion Dollar Unicorn player CrowdStrike is becoming a well-known name in the space.

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Billion Dollar Unicorns: Valuation for WeWork Continues to Soar

According to a report by Emergent Research, the global number of co-working members are projected to grow 41% annually over the next four years through 2020. Co-working company and Billion Dollar Unicorn club member WeWork is riding high on this growth and its valuation continues to skyrocket.

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Who Will Buy India’s Leading Online Grocer BigBasket?

According to Technopak, the grocery and food market in India is estimated to be about $400 billion, out of which organized retail accounts for just $12 billion with online e-grocers garnering a 4% share. BigBasket is a leading online grocer trying to tap its potential. >>>