Earlier this year, Okta (NASDAQ: OKTA) had reported an embarrassing security breach incident. If the market was worried about Okta struggling on account of the lapse, its recent quarterly results put all those doubts to rest. The stock market has been bumpy this year, and Okta’s stock had fallen by more than 70% since the
Earlier last month, Unified Communication-as-a-Service (UCaaS) leader RingCentral (NYSE:RNG) announced its first quarter results that continued to surpass market expectations. RingCetnral has been building its market presence through continued partnerships with key go-to-market players. The move has helped it secure its leadership position in the North American market.
According to a recently released McKinsey study, in the first nine months of 2021, nearly $5.8 billion was invested globally in the development of micro-hubs or dark convenience stores for instant grocers.
According to a recent market report, Latin America’s e-commerce market is expected to grow at 29% CAGR to $580 billion by 2024. The pandemic conditions have accelerated this growth, and led to the rise of several unicorns in the region.
According to a recent report, the global Webtoons market is estimated to grow from $3.3 billion in 2021 to $22.22 billion by 2028 at a CAGR of 31%. South Korean players are big players in the industry with one of them recently joining the Unicorn club.
According to a report published earlier this year, the e-commerce market in Europe is expected to grow 7.3% annually to $363 billion by 2027 from $481 billion in 2022. The recent pandemic has accelerated the demand for e-commerce across various sectors. Supply chain issues have accelerated the demand, and values for used cars. One such
According to a report published last year, the global same day delivery market was expected to grow 21% annually to reach $20.36 billion by 2027. Several companies are trying to address the instant delivery requirements by setting up of micro fulfillment centers. But sustaining a profitable, and an attractive business model is appearing to be
Online purchase of make-up has never been easy. But with the pandemic, that sector has also accelerated its transition to the internet. Virtual try-ons have become easier with brands like Dior and Charlotte Tilbury allowing users to see the impact of their products over Zoom. Chanel too launched an app, Lipscanner, that allows people to