Billion Dollar Unicorns: Garena Files Privately in New Avatar

Singapore-based Garena became the most valuable Billion Dollar Unicorn from South East Asia riding on the popularity of its games. It has now expanded into e-wallets and e-commerce in the South East Asian region and has filed privately for an IPO after rebranding itself as Sea. >>>

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Billion Dollar Unicorns: Kuaishou to Focus on AI

According to a report by Zion Market research, the global digital photography market is expected to grow 6% annually from $77.66 billion in 2015 to $110.79 billion in 2021 driven by the increasing advancements within the social networking and photo sharing sites. Billion Dollar Unicorn  club member Kuaishou is already reaping benefits associated with this trend.

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Billion Dollar Unicorns: Yello Mobile Delays IPO

South Korean Billion Dollar Unicorn club member Yello Mobile had been planning to go public this year. But recent financial results suggest that those plans may have been delayed by a year.

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Billion Dollar Unicorns: Peloton Cycles Into the Club

According to Technavio, the global home fitness equipment market including treadmills, weightlifting machines, and stationary bicycles is expected to grow at a CAGR of 5.08% during the period 2017-2021. Peloton, which sells an Internet-connected indoor fitness bicycle, recently joined the Billion Dollar Unicorn Club. >>>

Billion Dollar Unicorns: Katerra Tackles the Construction Industry with Technology

The construction sector is one of the largest in the world economy, with about $10 trillion spent on construction-related goods and services every year. However, according to a recent report from McKinsey Global Institute, the industry’s productivity has trailed that of other sectors for decades, and there is a $1.6 trillion opportunity to close the gap. Katerra is a recent entrant to the Billion Dollar Unicorn club that is attempting to bridge this gap with its technology.

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CloudHealth is a Prospect for Acquisition

According to Gartner, more than $1 trillion in IT spending will be directly or indirectly affected by the shift to cloud by 2020, making cloud computing one of the most disruptive forces of IT spending since the early days of the digital age. CloudHealth’s cloud management platform is riding this wave of corporate cloud adoption. >>>

IPO Prospects: Zuora Inching Towards an IPO

According to a recent Gartner report, global spending on SaaS or cloud application services will grow 20% to reach $46.3 billion in 2017. The resulting rise in subscription economy has benefitted Mountain View, California-based Zuora, which helps companies deal with the billing and pricing complexities involved in running subscription-based businesses. >>>

Aria Systems is Helping Cloud Companies Bill

According to a recent MarketsandMarkets report, the global cloud billing market is expected to be worth $16.59 billion by the year 2021. The cloud billing market was estimated at $5.7 billion last year, thus translating to a 24% annual growth rate over the next five years. San Francisco-based Aria is a leading player in this industry.

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Indian Healthcare Startup Practo On Path To Profitability

According to World Bank data, India has just 0.7 physicians per 1,000 people compared to 2.8 and 3.5 in the UK and US, respectively. Access to healthcare is one of the pain points that Bangalore-based healthcare startup Practo tries to address. >>>

Billion Dollar Unicorns: Looker Counts on Big Data Analytics

According to IDC, global revenues for Big Data and business analytics are estimated to grow 12% annually to $203 billion by the year 2020 from $130.1 billion in 2016. Santa Cruz-based Looker is a potential Billion Dollar Unicorn club member in the industry. >>>