Billion Dollar Unicorns: Indian Small Town Marketplace ShopClues Looks Shaky

Currently, the Indian e-commerce market is primarily a two-horse race between Flipkart and Amazon, especially in the larger cities. As Internet penetration is getting better across the country, they have started expanding to small towns, which has been the niche of Billion Dollar Unicorn ShopClues. >>>

Featured Videos

Billion Dollar Unicorns: Forescout Finally Lists

According to a MarketsandMarkets report, the Cyber Security market is projected to grow from $137.85 billion in 2017 to $231.94 billion by 2022, translating to a CAGR of 11% over the next five years. Market growth is driven by the growing security needs of Internet of Things (IoT) and Bring Your Own Device (BYOD) trends and increased deployment of web and cloud-based business applications. Recently, Billion Dollar Unicorn ForeScout Technologies, which focuses on the IoT segment, went public.

>>>

Elevate Credit Trying to Elevate

According to the 2017 Americas Alternative Finance Industry Report, the alternative finance market across the US, Canada, Latin America, and the Caribbean has grown 23% to $35.2 billion in 2016. The market has benefited from the wide options of crowdfunding, marketplace/peer-to-peer (P2P) lending, and other online alternative finance platforms that have emerged in the industry. One such player is Fort Worth, Texas-based Elevate Credit (NYSE: ELVT).

>>>

Tableau Fails to Deliver Growth

Gartner estimates the global business intelligence and analytics market to be worth $18.3 billion this year. The market is expected to grow 7.6% annually over the next two years to become a $22.8 billion industry by the end of 2020. Data analytics firm Tableau (NYSE: DATA) recently reported its quarterly results and its growth is a bit concerning with respect to the rapid growth of the industry.

>>>

Flipkart Needs To Emphasize Private Label Strategy

According to RedSeer, Indian e-tailers generated record sales of $3.2 billion during the recent festival sale season, 45% higher than the $2.2 billion in last year’s festival season. It was fuelled by an estimated expense of $370-$400 million compared to $200-$250 million last year, as well as better Internet penetration. Although Amazon is rapidly closing the gap, Flipkart continues to lead the market and is now looking to expand vertically through more acquisitions.  >>>

BlackLine Industry Awards Fail to Generate Interest in New Products

Cloud finance and accounting firm BlackLine (Nasdaq: BL) went public just over a year ago. Since then, the company’s valuation, along with the accolades it has received, has grown steadily. Recently it was recognized as one of the country’s best Medium-Sized Workplaces by the Fortune magazine for the second consecutive year. Last month, its founder and CEO Therese Tucker was named the Top Woman Leader in SaaS by The SaaS Report.

>>>

Billion Dollar Unicorns: FireEye Struggling To Keep Up

According to Gartner, the global spending on information security products and services will grow 7% this year to $86.4 billion and to $93 billion by 2018.

>>>

Apple Results Move Marketcap Closer to the Trillion Mark

The tech stocks continue to have a bullish run in the stock market. The latest one to join the race is Apple (Nasdaq: AAPL), which announced a blowout quarter, yet again.

>>>

Russia Controversy Has no Impact on Facebook

If anyone expected the recent Russia scandal regarding the US election to hurt the profitability or revenue prospects for Facebook (NASDAQ: FB), they couldn’t have been more mistaken.  In the recently reported quarterly performance, Facebook continued to shatter all market expectations, yet again.

>>>

Twitter Remains in Hot Water

Social media stocks like Twitter (NYSE: TWTR) have been in the news recently as they went to court to present their side of the story regarding Russian involvement in the US elections. Twitter also made some news earlier last month when it delivered a quarterly performance that outpaced market expectations. But the worst is hardly over for the company.

>>>