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2016 IPO Prospects: Glassdoor Gearing up to go Public
Referring to online reviews is no longer restricted to restaurant booking, hairstylists, or your neighborhood dog walker. More and more people are using job review sites like Glassdoor.com to review their next new job. Little wonder then that the increasing traffic has helped drive valuations upwards as the company gets ready to go public.
Match Group Re-Evaluating its User Base
Last year, Billion Dollar Unicorn player Match.com (Nasdaq: MTCH) went public and listed in times when most Unicorns and venture capitalists were re-evaluating valuations. But despite the circumstances, Match appears to have done well with the stock still trading above its initial listing price and the company still being valued at multi-billion dollars.
Billion Dollar Unicorns: SMS Assist Brings a Lackluster Industry to the Club
According to a Markets and Markets report, the global facility management market is estimated to be worth $49.44 Billion by 2020. The industry is expected to grow 13% annually over the five-year period from 2015 through 2020. The industry was pegged at $27.25 billion in 2015. Chicago’s SMS Assist is among the leading players in
Billion Dollar Unicorns: Cylance Uses Machine Learning as Cyber Security Tool
According to Gartner, worldwide IT spending is estimated to grow to $2.77 trillion this year. Gartner projects the overall security market to grow 7.8% annually over the next three year period through 2019. Another report by MarketsandMarkets projects the global cyber security market to grow from $106.32 billion in 2015 to $170.21 billion by 2020, translating
Billion Dollar Unicorns: Driverless Car Startup Zoox Joins The Club
According to Business Insider, 10 million self-driving cars will be on the road by 2020. Several leading automakers like Mercedes, BMW, and Tesla are soon going to try to release self-driving cars (regulation permitting) and a driverless future may not be so distant. According to Boston Consulting Group, the global driverless car market is expected to
Billion Dollar Unicorns: MindMaze Channels Virtual Reality into Healing
According to a report by Global Industry Analysts, the global market for Virtual Reality (VR) in Healthcare is estimated to be worth $3.8 billion by 2020. The United States is expected to be the largest market globally driven by increasing spend on R&D and investments in VR technology by government and private companies. Meanwhile, Asia-Pacific
Billion Dollar Unicorns: Ping An Good Doctor Is Largest Chinese Healthcare Unicorn
A report by HSBC published last year estimates the online to offline (O2O) market in China to be worth more than $150 billion in size. The online segment of this market grew 80% during the first half of last year to $47 billion. The market is expected to continue to have a strong growth opportunity.
Baidu Falters as Chinese Authorities Tighten Noose Around Search Results
Recent news reports suggest problems ahead for Chinese search giant Baidu (Nasdaq: BIDU). The company announced its lackluster quarterly forecast last month and that was followed by increased Internet censorship by regulators in China. But first, the financials.