Indian online classifieds platform Quikr is one of the most heavily funded startups. Despite low revenue and profitability numbers, its valuation was skyrocketing. In recent times, its valuation has been marked down and its profitability has improved. >>>
Oracle (NYSE: ORCL) has had a rough few months recently. While the company continues to surpass market expectations on earnings, its revenues are a matter of concern for the Street. Above all, analysts remain concerned about its slowing growth within the Cloud revenues.
Smart speaker player Sonos went public this year. But in the few months that the stock has listed, it has had a rocky start. The company recently announced its first results since the IPO. The disappointing performance sent the stock tumbling more than 20% in the afterhours session. The stock still remains a Billion Dollar Unicorn. >>>
Billion Dollar Unicorn and event management and ticketing website Eventbrite has been trying to stay independent for a while now. It preferred its private status so that it could have more control over its functioning and to stay away from the numbers driven approach of analysts. But the company recently decided to go public and has provided more insight into its financials. >>>
According to a recent Market Research report, the global cyber security market is expected to grow at a steady pace of 10% annually over the next few years to $172 billion by 2024. FireEye (Nasdaq: FEYE) is one of the emerging players in the industry that went public nearly five years ago. It is known for its platform that strengthens existing firewalls, IPS, anti-virus, and gateways by blocking attacks across multiple platforms. It recently announced its second quarter results that surpassed the market’s expectations.
According to IBEF, the education market in India is estimated at $91.7 billion and is expected to cross $100 billion by 2019. India has more than 1.5 million schools with over 260 million enrolled students. It also has a vibrant tutoring industry. The e-learning sector is expected to reach US$ 1.96 billion by 2021 with around 9.5 million users. Indian Byju’s learning app from Think and Learn Pvt Ltd has recently entered the Billion Dollar Unicorn Club. >>>
A recent Market Research Future report published this year Billion Dollar Unicorn club member Splunk (NASDAQ: SPLK) recently announced its second quarter results that surpassed all market expectations.
According to a Markets and Markets report, the global Cloud Security Market is expected to grow from $4.09 billion in 2017 to $12.73 billion by 2022 at a CAGR of more than 25%. Billion Dollar Unicorn club member Cloudflare is a leading provider of cloud-based security solutions.