Billion Dollar Unicorns: DocuSign Growing Through Acquisitions

After a long wait, Billion Dollar Unicorn  DocuSign (Nasdaq: DOCU), went public early this year. It recently announced its second quarter results that beat market expectations. But despite the upbeat outlook, its stock has taken a beating.

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Billion Dollar Unicorns: How will Paytm Navigate Rising Competition?

India’s digital payments market is expected to grow five times to reach $1 trillion by 2023. Following the acquisition of Flipkart, digital payment company Paytm has become the most valauble startup among Indian Billion Dollar Unicorns despite struggling with profitability.  >>>

Billion Dollar Unicorns: Gusto Gets Fresh Round of Funding for Growth

According to an Allied Market Research report, the global cloud-based payroll software market is estimated to grow 7% annually to $10.3 billion by 2023. San Francisco-based Gusto is a Billion Dollar Unicorn in the industry.

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Billion Dollar Unicorns: Grab Gives Uber a Ride out of Southeast Asia

According to a recent Grand View Research report, the global on-demand transportation market is expected to grow 20% annually over the next few years to $290.3 billion by 2025. The high growth rate is attributed to continued penetration of smartphones and connected vehicles. While Uber remains the market leader in the industry, localized offerings in other regions are strongly gaining ground. Singapore-based Grab, also known as Grab Taxi, is one such Billion Dollar Unicorn in Southeast Asia.

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Check Point’s Market Share is Slipping

According to a recent Visiongain report, the global Cyber Security market is expected to generate $98.8 billion in revenues in 2018 driven by increasing cyber-attacks, coupled with the higher penetration of cloud, mobility, and bring-your-own-device (BYOD) trends. Tel Aviv, Israel-based, Check Point Software Technologies Ltd. (NASDAQ: CHKP) is seeing strong traction in the segment.

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Billion Dollar Unicorns: Smartsheet Delivers High Growth, But No Profits

Billion Dollar Unicorn Smartsheet (NYSE: SMAR), went public in April this year. Analysts have big expectations from the company given that it has a modest 1% penetration in the cloud-based work management market, that some estimate, is more than a $20 billion opportunity. The company’s recently reported results show strong revenue growth, but profits have remained elusive. Smartsheet hopes to change that with the product upgrades launched recently.

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Billion Dollar Unicorns: Profitable PolicyBazaar Focuses on Health, Delays IPO

According to a NASSCOM-KPMG report, the Indian FinTech market is expected to grow at a CAGR of 22% to be worth $2.4 billion in 2020 and is a hot favorite for VC funding. PolicyBazaar is a recent entrant to the Billion Dollar Unicorn Club, thanks to the $200 million infusion from Softbank. >>>

Billion Dollar Unicorns: Upwork Finally Goes Public

As per a recent Morgan Stanley report, freelance workers will account for nearly half of the US workforce within ten years, compared with the current 35% share. The shift in the workforce is attributed to changing demographics, increased digitization, and the adoption of cloud-based services. Earlier this week, Billion Dollar Unicorn Upwork (Nasdaq: UPWK) went public. It is still early days, but the stock appears to have done well so far.
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