Billion Dollar Unicorns: Flipkart’s Valuation Bodes Unsteady Future

The entry of Amazon in the Indian e-commerce market has drastically changed the market landscape. Snapdeal’s market share has dropped to 14% from 19%, while Amazon’ market share has increased to 24% from 14%. Flipkart’s market share has dropped from 43% to 37%, and while it still continues to lead the market, its valuation has taken a drastic beating. >>>

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Billion Dollar Unicorns: LeSports Cashes in on Niche Video Streaming

According to a report by venture capital firm China eCapital Corp, China’s professional sports industry is estimated to grow to 1.6 trillion yuan (~$242 billion) in annual revenue by 2025, translating to a compounded annual growth rate of 20% from 2016. A major growth factor is expected to be broadcasting rights fees for professional sporting events. LeSports is a leading player and a Billion Dollar Unicorn club member in this industry.

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WebMD Not Ready for a Sale

Earlier this year, the market was abuzz with rumors that the digital health information site WebMD (Nasdaq: WBMD) was out looking for a potential buyer. Analysts were speculating that Walgreens or insurance provider United Health could be ideal suitors. But WebMD has denied such prospects and continues to improve its offerings instead.

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Billion Dollar Unicorns: Real Estate Platform Compass Joins the Club

The number of new Billion Dollar Unicorns has come down drastically in comparison to last year. It is even rarer to find a unicorn in the highly consolidated online real estate industry. Compass is the latest Billion Dollar Unicorn to make this cut with its Big Data-driven real estate platform. >>>

Billion Dollar Unicorns: Online-to-Offline Focus Helps Huimin Enter the Club

According to iResearch Consulting Group, the online-to-offline (O2O) market size is estimated to have grown 38% over the year to RMB 335 billion (~$53.78 billion). The market is expected to grow by over 20% each year through 2018 to be worth RMB 626 billion (~$100.501 billion) in China. China’s Zhongshang Huimin is the latest O2O player to enter the Billion Dollar Unicorn club.

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Billion Dollar Unicorns: Coupa Has a Successful IPO

After a drought of tech IPOs early this year, 2016 is finally ending on a positive note with a string of successful IPOs. After Twilio, Line, Talend, and Nutanix, cloud spend management company Coupa is the latest among Billion Dollar Unicorns to deliver a successful IPO. >>>

Billion Dollar Unicorns: Nutanix Delivers a Strong Performance in the First Week of Listing

After a rather slow IPO schedule for the technology sector during the year, things appear to be looking up. Last week, hyperconverged storage provider Nutanix, finally went public. It had filed to go public in December last year, but the market conditions led to a delayed listing. It has only been a week since it listed, but the Billion Dollar Unicorn club member appears to be doing well so far.

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MercadoLibre is Unstoppable

According to InternetRetailer, overall Latin America web sales grew 15.5% in 2015 to $22.22 billion compared with the 22.1% growth recorded a year ago. The slowing down of the growth rate is attributed partially to the depressed macroeconomic conditions in Brazil, which accounts for 58% of the region’s web sales. Last year, the Brazilian economy shrank 3.8%, recording the biggest decline in gross domestic product since 1991.But slowing down of the Brazilian economy has not stopped online retailers in the Latin American region from continuing to push ahead.  >>>

Billion Dollar Unicorns: Two Years Post the IPO, Globant Continues to Soar

According to IDC, the proportion of digital related consulting engagements are expected to grow from nearly 50% for the period 2013-2015 to 80% by the year 2019, driving the total market for Digital Strategy services to more than $97 billion globally by 2019. Billion Dollar Unicorn player Globant (NYSE:GLOB), the first Latin American Software Services company to list on the NYSE exchange, is making its presence felt in the industry.

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Billion Dollar Unicorns: Blippar Bets on Its Visual Browser

According to a report by Digi-Capital, the augmented and virtual reality market is estimated to grow to $120 billion by the year 2020, compared with the forecast of less than $10 billion in 2016. In 2020, virtual reality (VR) is expected to account for $30 billion of the market while augmented reality (AR) will account for the remaining $90 billion. Billion Dollar Unicorn player Blippar is focused on making a mark in this high growth industry.

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