Earlier this week, eBay (Nasdaq: EBAY) announced their first ever quarterly results post spinning off PayPal. Any concerns about there being life for eBay after PayPal were put to rest by the announcement of the latest quarterly results, which surpassed market expectations.
Three years back, Marissa Mayer took on Yahoo’s (Nasdaq: YHOO) leadership to turn around a failing company. Today, Yahoo does not appear to have done significantly better. Quarterly results continue to disappoint and their flailing attempts to fix a broken ship don’t appear to be bearing much results.
According to a recent study on e-commerce sales conducted by RetailMeNot, the e-commerce retail industry in Europe is expected to grow 18% in 2015 to €185.39 billion (~$210.3 billion). Strong growth is expected across the continent with the United Kingdom projected to grow 16% this year. Even Germany which is a much mature market is expected to see 23% growth this year. Billion Dollar Unicorn player Zalando is benefiting from this strong growth in the market.
According to eMarketer, worldwide business-to-consumer (B2C) e-commerce sales are expected to reach $2.3 trillion by 2017. Billion Dollar Unicorn Club member Mogujie, which started as a Chinese Pinterest clone, turned to e-commerce and social shopping for monetization, much before Pinterest did. >>>
According to Packaged Facts research firm, online spending on groceries was estimated to have generated about $23 billion in sales in 2014, a tiny 3.4% fraction of the total grocery spending of nearly $670 billion. Online grocery sales are however expected to quadruple to nearly $100 billion by 2019. It is a sector that is attracting big and small players. Billion Dollar Unicorn club member Instacart is attracting attention due to its unique business model. >>>
After a stellar second quarter that Netflix (Nasdaq: NFLX) reported earlier this year, their latest results were a big disappointment. Subscriber growth in the US fell short of market projections, and the skyrocketing international growth in subscribers could not help the stock from falling.
A MarketsandMarkets report on the global medical automation market estimated the industry to be worth $43.2 billion back in 2013. The industry is expected to grow 9% annually over the five year period to be worth $66.92 billion by 2018. Modernizing Medicine, an upcoming player in this market, offers impressive products that are sure to make them a Billion Dollar Unicorn soon enough. >>>
It has been an impressive ride for Evernote, one of the first Billion Dollar Unicorn members who appeared to have figured out the key to converting the debatable freemium model to a money making machine. But things appear to have slowed down a bit for the company.