Billion Dollar Unicorns: AUTO1 Group Plans International Expansion

According to IBISWorld, the global market for cars and automobiles is expected to grow 2.5% to $9 trillion. Over 65 million new and used vehicles are expected to be sold in 2016 through dealerships, commission agents, and car auctions. AUTO1 Group has gained entry to the Billion Dollar Unicorn Club by targeting this fragmented market. >>>

Billion Dollar Unicorns: GuaHao Targets China’s Healthcare

According to a Deloitte report, healthcare expenditure in China was about $511.3 billion or 5.4% of its GDP in 2013 and it was projected to grow at 11.8% to reach $892 billion by 2018. However, the quality of service remains dismal. China has 1.8 physicians and 1.7 nurses per 1000 people compared to the US average of 2.4 physicians and 10.8 nurses per 1000 people. GuaHao has gained entry to the Billion Dollar Unicorn Club by addressing this gap. >>>

2016 IPO Prospects: Bloom Energy Likely to Stay Private

According to the Department of Energy, the fuel-cell industry grew to $2.2 billion in 2014, up from $1.3 billion in 2013. The $2 trillion a year electric power industry is poised to grow 80% by 2040 while fuel cell market estimates range from $5.2 billion in 2019 to $40 billion in 2022. Bloom Energy is estimated to account for 40% of the large stationary fuel cell market. >>>

Billion Dollar Unicorns: Razer Leads the Gaming Accessory Market

According to Newzoo, global gaming industry revenues were estimated to grow 9.4% to $91.5 billion in 2015. The industry is expected to be worth $107 billion in 2017 driven by gaming on tablets and smartphones. Little wonder then that gaming accessory and platform developer Razer is a member of the Billion Dollar Unicorn club.

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HPE Gets Leaner and Focuses on Hybrid Cloud

According to a MarketsandMarkets report, the hybrid cloud market is expected to reach $85 billion in 2019, up from $25 billion in 2014. That translates to a CAGR of 27%, which outpaces the growth of the overall IT market. Hybrid cloud is a strong focus area for HP Enterprise (NYSE: HPE) after the recent split. HPQ, on the other hand, is continuing to struggle after the split. >>>

Billion Dollar Unicorns: Oscar Plans to Expand Its Network

According to the US Department of Health & Human Services, about 10.2 million people are covered through the Health Insurance Marketplace under the Affordable Care Act. The Affordable Care Act has led to the mushrooming of several startups using technology in sectors related to healthcare. Oscar is one such startup that has made it to the Billion Dollar Unicorn Club. >>>

Billion Dollar Unicorns: Paytm Plans Rapid Expansion

According to a Zinnov research report, India’s mobile commerce market is estimated to grow to $19 billion by the year 2019 from $2 billion in 2015. The growth is being driven by smartphone sales supported by a wave of low-cost handsets. Cisco’s reports estimate that the number of smartphone users in India will grow nearly five times to 651 million by 2019 compared with 140 million by the end of 2014. Billion Dollar Unicorn club member One97 Communications is counting on this rapid explosion to sustain its valuation.

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Billion Dollar Unicorns: Africa Internet Group the First African Entry to the Club

There aren’t many success stories out of Africa. But things appear to be changing now. According to a McKinsey research report, a third of the African population currently has Internet access. It estimates that Internet penetration will increase to 50% and that the country will see 360 million smartphone owners by the end of 2025. Africa Internet Group (AIG) is the first Billion Dollar Unicorn out of the continent and it is already making big news.

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