Billion Dollar Unicorns: Careem is the Latest Middle East Unicorn

According to Juniper Research, the global ride sharing market is estimated to grow to $6.5 billion by 2020 from $3.3 billion in 2015. North America is the biggest region in the industry and is expected to account for a third of the market share. Western Europe and Asia-Pacific, excluding Far East and China, are estimated to be the next big regions. While Uber maybe the biggest known brand worldwide, other local services are making a big impact in their respective regions. Billion Dollar Unicorn club member Careem is leading the market in the Middle East.

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2017 IPO Prospects: Will Gusto List?

According to an IBISWorld report, the HR & Payroll software market in the US has grown 6% over the year to $7 billion in 2016. Analysts are hopeful Billion Dollar Unicorn club member Gusto will go public this year.

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Potential Buyers Wait For Twitter’s Market Cap to Fall Further

Twitter (NYSE: TWTR) continues to struggle with low revenue and user growth. Video is now its new strategy. In politics, however, Twitter is playing an unprecedented role. Trumpism rests heavily on the power of tweets, both proactive and reactive. >>>

2017 IPO Prospects: Dropbox may Finally go Public

Cloud-based storage services provider Dropbox has been debating for a while about going public. Last year’s dismal technology IPO and stock performance had swayed its decision to delay its IPO. But recent news suggests that the Billion Dollar Unicorn player may finally be looking at going public this year.

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2017 IPO Prospects: InsideSales.com Raises New Round at Flat Valuation

According to a MarketsandMarkets report, the global sales performance management market that includes software and services is estimated to grow 18% annually to be worth $5.62 billion by 2020. The market was estimated to be worth $2.48 billion in 2015.

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SAP Expands HANA Footprint

According to research firm Apps Run the World, the top 10 ERP software vendors accounted for nearly 28% of the global ERP applications market. Overall, the global ERP applications market was estimated to be worth $82.1 billion in license, maintenance, and subscription revenues in 2015. In 2015, SAP (NYSE: SAP) was the leader in the market with 6% market share and $5.3 billion in ERP product revenues, riding on a 23% jump in license, maintenance, and subscription revenues. With its latest product innovations, SAP hopes to maintain that lead.

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Tableau Expands Connector Strategy

After a less than impressive performance last quarter, data analytics firm Tableau (NYSE: DATA) reported stellar results for the recently reported quarter. The company continues to focus on driving product innovation to help surpass market competition.

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Amazon Fires on All Cylinders

Amazon (Nasdaq: AMZN) has reported its seventh straight quarter of profit and beat earnings estimates. All this, thanks to its hugely profitable cloud segment, Amazon Web Services (AWS). >>>

Facebook Diversifies Beyond Advertising

Facebook (Nasdaq: FB) is the undisputed king of social media. But it had a rough end to the year due to the uproar about fake news. The company was accused of spreading hoax news that was a big catalyst in getting Donald Trump elected as the US President despite all odds. Facebook may still not have figured out how to stop the fake news, but it definitely knows how to run a successful business and literally mint money!

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A Look At Apple Beyond The iPhone

For the past few quarters, Apple (Nasdaq: AAPL) was struggling because of the saturated smart phone market. iPhone sales were lagging and the market wasn’t too happy with the growth on its other initiatives. But the recently reported quarter seems to prove that things may have turned around. This was a big quarter for Apple. Not only was it the holiday quarter, but it was also the first full quarter for iPhone 7 sales.

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