Billion Dollar Unicorns: Slack Speeds Its Way To The Mark

There are several Billion Dollar Unicorn club members who have taken their time getting to the club. But there are a few stories of startups that have sped their way to the club. Here is one such interesting player, two-year-old team communicating service Slack, which is making waves in the market.

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Billion Dollar Unicorns: Lending Club Focuses on Growth Post IPO

Peer-to-peer lending platforms are seeing a strong opportunity in small business and retail consumer financing markets. Analysts estimate the small business loans market to be a $300 billion market. They also estimate the credit card refinancing market to be a $800 billion market. Billion Dollar Unicorn club member Lending Club is among the largest player in the peer-to-peer lender category.

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Salesforce Becomes Fastest Enterprise Software Company to Reach $5 Billion

The global cloud computing market continues to grow forth at stellar rates. In a recent report by Market Research Media, the global cloud computing market is projected to grow 30% annually to $270 billion by the year 2020. One company that is seeing similar growth rates in their annual revenues despite their size is Salesforce (NYSE: CRM).

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Electronic Arts Remains Focused on Game Quality

The recent holiday season was a particularly good quarter for game title publisher Electronic Arts (Nasdaq: EA). The company reported strong financial results, thus sending their stock soaring to 7-year high levels. EA plans to continue to deliver such growth through a line-up of additional game titles scheduled for the year.

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Billion Dollar Unicorns: eClinicalWorks Bootstraps With A Paycheck

According to a 2014 Accenture report, the global market for electronic health records (EHR) is projected to grow to $22.3 billion in 2015. North America is expected to remain the biggest region in the industry, growing 7% annually to bring in $10.1 billion. Westborough, Massachusetts-based eClinicalWorks is a growing force in the industry and a proud member of the Billion Dollar Unicorn club member. What’s more, the company was bootstrapped with a paycheck.

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Billion Dollar Unicorns: Xiaomi Overtakes Samsung in China

According to an IDC report, the global smartphone shipments were expected to reach 1.3 billion in 2014. In Q3 2014, Samsung was the leader in the global market with 23.7% market share. Apple came in a distant second with 11.7% share followed by Chinese smartphone maker and Billion Dollar Unicorn club member Xiaomi with 5.2% share.

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Billion Dollar Unicorns: ASOS Shines From London

According to a recent report by Deloitte Digital, the global e-commerce market is projected to grow to $1.4 trillion by the year 2016. Here is how London-based ASOS.com entered the Billion Dollar Unicorn club by focusing on the niche market of designer products for the twenty-somethings.

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Will Yelp End Up In Google’s Pocket After All?

A BIA/Kesley report published in 2014 estimated the local digital media ad spending to grow 13.1% to $35 billion in 2015. The report includes both desktop and mobile ad dollars in its computation. The growth is phenomenal considering that total local media ad spend growth is estimated to be a mere 1.6%. The report estimates that by the end of 2015, the share of digital advertising for local media spend will grow to nearly 25% compared with 22.6% in 2014. >>>

Alibaba Losing its Magic?

After delivering a much awaited $25 billion IPO last year, Chinese e-commerce player Alibaba’s (NYSE: BABA) glitter seems to be wearing off. The company is dealing with the SEC and Chinese regulators on sale of fake goods on their website and the latest financial results weren’t particularly impressive. To make it scarier, Jack Ma recently said that the company “isn’t too big to fail.”

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Billion Dollar Unicorns: ShopClues in India Shows Unicorn Characteristics

According to a recent study, active Internet users in India have grown from 21 million in 2006 to over 243 million by June 2014. And the trend is catching faster within the mobile segment. India had an impressive 185 million active mobile device Internet users last year. The growth of Internet penetration is leading to significant growth in e-commerce in the country as well. The e-commerce market in the country is estimated to have grown to $10 billion-$16 billion in 2014 and is projected to grow to $60 billion-$80 billion by the year 2020. The trend is helping set the stage for several potential Billion Dollar Unicorn club members in India as well.

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