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January 11, 2021

Cisco Webex saw significant increased usage and solid adoption as customers looked for a flexible work solution that also enables privacy and security. In October, Webex had nearly 600mn participants, almost double the number it had in March.  Executive Summary Financial Statements – Income Statement and Forecast – Balance Sheet – Cash Flow – Results […]

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January 6, 2021

The company’s  monthly active users were 511 million in September 2020, a net addition of ~14 million users on a Y/Y basis. Mobile MAUs represented ~94% of MAUs. Average daily active users (“DAUs”) were 224mn in September 2020, a net addition of ~8 million users on Y/Y basis. Executive Summary Financial Statements – Income Statement […]

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December 30, 2020

Lyft reported a 48% drop in revenue. However, revenues increase by 47% on a sequential basis, driven by a 44% growth in Active Riders. This was driven by a recovery in ridesharing. The company saw meaningful pickup in rides. Executive Summary Financial Statements – Income Statement and Forecast – Balance Sheet – Cash Flow – […]

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December 18, 2020

The Trade Desk was named a 2020 Best Medium WorkplaceTM in the U.K. and a 2020 Best Workplace in Hong KongTM by Great Places to Work. The company recently won for the Best Overall Technology for Programmatic Trading at The Drum Digital Advertising Awards (US) and was a Gartner Peer Insights 2020 Customers’ Choice for […]

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December 9, 2020

Airbnb has more than 7 million listings on its platform, run by 4 million hosts worldwide. The company is continuing to invest in experiences as well as stays. The company experiences have been a newer arm of the business and can include tours, cooking classes, and other adventures, some of which turned into virtual classes […]

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December 8, 2020

Revenue in Continental Europe, which comprises the Euro Zone and the other European countries, representing 17.3% of revenue, decreased $46.8mn. The decrease in revenue is due to negative organic growth resulting from the impact of the COVID-19 pandemic. Executive Summary Financial Statements – Income Statement and Forecast – Balance Sheet – Cash Flow – Q3FY20 […]

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November 30, 2020

Unique video uploads grew 7x Y/Y driven by creator-first features launched during the quarter including Story Pins in beta, a new creator profile, and analytics tools to track performance. In September, Pinterest launched ads alongside visual search results, as well as more places to shop. It also expanded shopping tools for Pinners in the UK, […]

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November 23, 2020

Grand Canyon Education Inc also has long-term services agreements with numerous university partners across the United States, through its wholly owned subsidiary, Orbis Education. Orbis Education offers four primary academic programs with site simulation and skill labs located near healthcare providers. Executive Summary Financial Statements – Income Statement and Forecast – Balance Sheet – Cash […]

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November 18, 2020

Businesses are migrating to social media advertising due to its massive global community, which gives Facebook an edge over other advertising companies. Facebook’s increased monetization of Instagram and WhatsApp are likely to continue and may even intensify going forward. Executive Summary Financial Statements – Income Statement and Forecast – Balance Sheet – Cash Flow – […]

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November 12, 2020

Netflix’s own content has been its biggest strength so far and acts as a moat against its rival in an increasing competitive streaming space. The streaming giant has a deep pipeline of content which will help the company sustain throughout 2020. Executive Summary Financial Statements – Income Statement and Forecast – Balance Sheet – Cash […]

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October 26, 2020

Orbis revenues grew 24.2% on a Y/Y basis for the three months ended June 30, 2020. Enrollments have grown 12.2% year over year as of June 30, 2020, with accelerated prelicensure nursing enrollments growing 18%. Every new location open represents an opportunity for GCE that has greater potential in most other OPM contracts in the […]

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October 22, 2020

Tencent Video’s traffic has increased subsequent to the quarter end, driven by popular drama series such as Nothing But Thirty, which it believes reflects the underlying resilience of its video platform. Music subscriptions rose 52% Y/Y to 47 million as Tencent Music increased the scope of the paid music library. Executive Summary Financial Statements – […]

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October 21, 2020

Webex had strong performance this quarter with doubledigit growth as businesses, governments, educators and frontline workers everywhere have embraced remote work. Cisco expect this momentum to continue, as they have begun to see the conversion of free trials into paid subscriptions. Executive Summary Financial Statements – Income Statement and Forecast – Balance Sheet – Cash […]

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October 12, 2020

Weibo delivered its strongest user growth in Q2FY20. Monthly active users (MAUs) rose by 37 million from a year ago to 523 million, while daily active users were up 18 million to 229 million. The company’s core advertising business took a hit due to the economic slowdown in China. Executive Summary Financial Statements – Income […]

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October 7, 2020

Cortex XDR’s momentum continues to accelerate, including a seven figure deal with a major energy company that chose Palo Alto Network as a key partner in their digital transformation journey . Cortex XDR helped them drive down the complexity of security operations by standardizing independent detection and response tools onto one superior platform. Executive Summary […]

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October 6, 2020

Omnicom is one of the largest advertising and marketing firms which is a steady, well-run, slow growth behemoth, that offers growing dividend stream. Omnicom Health Group is one of the largest healthcare communications groups in the world. Healthcare was the only sector that showed positive growth, up 3.6%. Executive Summary Financial Statements – Income Statement […]

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August 28, 2020

RNG recently announced that RingCentral will be the exclusive UCaaS provider to Atos Unify which has a strong presence in Germany. This opportunity is in addition to RNG system integrator relationship announced earlier as part of the Atos Digital Workplace portfolio. The company launched RingCentral Video, RingCentral Rooms, and together with Avaya, launched Avaya Cloud […]

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August 26, 2020

ZALORA, Asia’s leading online fashion destination, and The Trade Desk, a global advertising technology platform, have agreed to collaborate on attribution integration across Asia. The attribution integration will allow participating brands selling on ZALORA the opportunity to measure conversions and sales value generated from advertising campaigns delivered via The Trade Desk. Executive Summary Financial Statements […]

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August 25, 2020

Facebook closed the transaction to invest $5.7bn into Jio Platforms in India. The company has a massive opportunity to serve small businesses and enable commerce over the long term in India, which has the biggest Facebook and WhatsApp communities in the world and the company’s strong financial position allows the company to continue building new products […]

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August 18, 2020

Netflix is slowly resuming productions in many parts of the world. It furthest along in Asia Pacific (where it never fully shut down in Korea, for example) and are now shooting live action series like season 2 of its Japanese original The Naked Director. In EMEA, The company  is now back in production in many […]

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July 28, 2020

Cisco announced it has completed the acquisition of Fluidmesh Networks, a leader in resilient wireless backhaul systems. Fluidmesh extends Cisco’s industrial wireless offerings to industries with on-the-move assets and mission critical applications in situations where zero data loss is critical to uptime and business resiliency. Executive Summary Financial Statements – Income Statement and Forecast – […]

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July 15, 2020

U4B now has relationships with 46% of the Fortune 500 and continues to gain traction among governmental organizations, including the U.S. Federal government as of April 2020. U4B deals increasingly include both Rides and Eats following the launch of Eats within U4B earlier this year, in certain jurisdictions, including in Brazil, Canada, France, and the […]

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July 8, 2020

Weibo’s 550 million monthly active users and 241 million daily active users as of March 2020 makes it one of China’s largest social media platforms. The company’s live streaming products saw wider adoption in an increasing number of vertical scenarios, as enterprise celebrities appear on its platform quickly embrace live streaming too as a desirable […]

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July 3, 2020

Grand Canyon University online had 84,769 online students as of March 31, 2020, and in the quarter just completed, new students grew in the mid-single digits, while total students grew 5.7% Y/Y and has expanded to 23 sites locations opened at 14 of Orbis Education’s university partners. Additionally, it plans to open 11 sites locations […]

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June 29, 2020

Dropbox collaboration platform integrates some other cloud-based services such as Slack Technologies collaboration software and Zoom’s Video communication tools. This expansion into a collaboration platform and work-from-home trends has created opportunities for it to grow in the long-term.The company had acquired HelloSign last year a strong competitor of DocuSign, to enhance its portfolio with e-signature […]

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June 23, 2020

RingCentral announced the launch of its IGNITE!™ Partner Program, which enables partners to own the entire sales cycle with organizations of up to 400 employees. IGNITE! builds on RingCentral’s existing industry-leading Channel Harmony program. The program reinforces company ‘s commitment to the channel, and gives partners greater flexibility to choose the sales process that best […]

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June 23, 2020

Tencent has laid out plans to invest $70B in new infrastructure over the next 5 years. The investment will take in areas like cloud computing, artificial intelligence and cybersecurity. Other key sectors include blockchain, servers, big data centers, supercomputer centers, Internet of Things operating systems, 5G networks and quantum computing. The social media giant has […]

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June 16, 2020

Fortinet announced new innovations and continued market share momentum for its Secure SD-WAN solution. The flexibility and scalability of Fortinet Secure SD-WAN has helped customers of all sizes deploy at home offices, in branch offices and between distributed clouds while providing the best possible user experience and security.  Executive Summary Financial Statements – Income Statement […]

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June 16, 2020

Roku announced that the company launched a new shopper data program to make TV advertising more precise and measurable for CPG marketers. Kroger Precision Marketing (KPM) plans to join the program as the launch partner to build first-to-market targeting and attribution tools for streaming TV. Executive Summary Financial Statements – Income Statement and Forecast – […]

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June 4, 2020

GOOGL announced Android 11, which includes seamless 5G connectivity and a smarter keyboard with a faster messaging experience. The company has seen a significant growth in play. There are now over 2.5 billion monthly active play devices worldwide. Executive Summary Financial Statements – Income Statement and Forecast – Balance Sheet – Cash Flow – Q1FY20 […]

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June 4, 2020

Adobe and ServiceNow announced the availability of its partnership integration, delivering an industry-first solution connecting data from Adobe Experience Platform and ServiceNow’s Customer Service Management workflow product to enable more seamless, connected customer experiences. Connecting Adobe Experience Platform, the industry’s first purpose-built Customer Experience Management (CXM) platform, and ServiceNow’s Customer Service Management product empowers brands […]

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May 28, 2020

Omnicom is one of the largest advertising and marketing firms which is a steady, well-run, slow growth behemoth, that offers growing dividend stream. Over the past few quarters, Omnicom has made good progress on enhancing its capabilities in digital transformation, machine learning and audience centric services. Executive Summary Financial Statements – Income Statement and Forecast […]

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May 26, 2020

Spotify continues to experience growth trajectory and adoption of podcast content globally. While the current environment has shifted listening patterns temporarily, The company  has seen no changes in its long-term view of the potential for Podcasts. AT&T and Spotify Technology S.A. are teaming up to provide AT&T customers with additional value through new ways of […]

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May 25, 2020

Trade Desk is positioned to benefit from this fast-growing market. The company’s investment in the CTV market continues to pay off and will continue to pay off even more strongly. Since people are devoting a lot of time-consuming online entertainment due to the lockdowns, the CTV vertical could still see a boost.Programmatic advertising which is […]

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May 25, 2020

Facebook dominates the world of social media, boasting 3bn users who use at least one of its family apps.Facebook signed an agreement to invest $5.7bn into Jio Platforms in India and it  believes there is a massive opportunity to serve small businesses and enable commerce over the long term in India, which has the biggest […]

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May 20, 2020

Eventbrite announced the company has secured financing with Francisco Partners of up to $225 million. The investment will help fund the execution of the company’s long-term growth strategy, strengthen its liquidity position and provide greater flexibility to manage through a range of recovery scenarios and the return to live events. Executive Summary Financial Statements – […]

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May 15, 2020

Splunk Inc. announced the next release of SignalFx Microservices APM™, the only application performance monitoring (APM) solution that provides customers complete observability into modern, cloud-native environments to produce meaningful business outcomes regardless of scale. The new release of SignalFx Microservices APM combines the NoSample™ full-fidelity tracing, open standards based instrumentation, and artificial intelligence (AI)-driven directed […]

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May 14, 2020

Netflix added 15.8 million new users, which was more than double the 7mn that management had predicted before COVID-19 containment measures were put in place, in most countries around the world. The streaming giant’s own content has been its biggest strength so far. Netflix’s reality dating show “Love is Blind” was viewed by 30 million member […]

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May 11, 2020

FANG comprises of the top 4 fast growing technology companies who are the market’s best performers. In 2019, FANG performed fairly-well despite fears of a global economic slowdown, trade wars, increased regulation and potential missteps from Federal Reserve policy. The companies belonging to FANG are game changers and innovators with an ability to diversify away […]

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May 11, 2020

VMware’s solid partner base and the expanding portfolio supported by acquisitions are expected to drive the top line in the long haul. The company’s  partnerships with the likes of IBM, Amazon’s cloud computing arm AWS, Microsoft Azure, Google, Oracle and Alibaba are helping it expand its customer base in the cloud space. Executive Summary Financial […]

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May 4, 2020

Dropbox revealed its vision for the smart workspace—a digital environment that brings all of a team’s content together with the tools they love, helping users cut through the clutter and surfacing what matters most. In a world where using technology at work can be fragmented and distracting, the smart workspace makes it easy to focus […]

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May 4, 2020

Nutanix added 920 new customers in the quarter, bringing total customers to 15,880. In Q2FY20, customer wins included Banco Azteca, Caesars Entertainment, Dole Philippines, Inc., Dunn-Edwards Corporation, HARDIS GROUP and Purdue University. The company announced the GA of Nutanix Mine, an integrated data protection solution, allowing customers to experience the advanced data  anagement of Nutanix […]

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April 30, 2020

Palo Alto announced it has entered into a definitive agreement to acquire CloudGenix, Inc., an industry-leading cloud-delivered SD-WAN provider. Under the terms of the agreement, The company  will pay approximately $420 million in cash to acquire CloudGenix, subject to adjustments. The acquisition is expected to close during Palo Alto Networks’ fiscal fourth quarter, subject to […]

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April 28, 2020

Grubhub announced its expanded partnership with Dine Brands the parent company of Applebee’s Neighborhood Grill + Bar and IHOP restaurants. Nearly triple the number of Applebee’s and IHOP locations will be available on the Grubhub marketplace, and the collaboration will also build a deep integration to maximize incremental growth. Executive Summary Financial Statements – Income […]

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April 24, 2020

Omnicom Health Group had an outstanding year, which contributed to Omnicom’s overall growth in 2019. The company  was named Holding Company of the Year by MediaPost for the second year in a row, while BBDO won Agency of the Year.  Executive Summary  Financial Statements – Income Statement and Forecast – Balance Sheet – Cash Flow […]

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April 23, 2020

Eventbrite announced an expense reduction plan to better position the company to weather the impact of the COVID-19 pandemic. As part of that plan, the company will reduce its global workforce by 45%. Together with other cost-savings measures, the plan is expected to yield at least $100 million in annualized expense savings. The expense measures […]

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April 15, 2020

Weibo has strong fundamentals, strong position in the social media market and a long-term growth potential with its new product Oasis which  was successfully launched during the quarter garnering users. The company’s user growth and profitability has remained robust. Executive Summary Financial Statements – Income Statement and Forecast – Balance Sheet – Cash Flow – Q4FY19 […]

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April 13, 2020

Keysight announced that it hs accelerated the development of flexible virtualized networks and high-value mobile services with NVIDIA. Keysight offers solutions that enable mobile operators and network equipment manufacturers (NEMs) to validate 5G and legacy radio access networks as well as core networks using vRAN architecture. The company has been recognized by the Global TD-LTE […]

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April 8, 2020

Fortinet unveiled the FortiGate 1800F Next-Generation Firewall (NGFW) powered by NP7, the company’s seventh generation network processor, to enable today’s largest enterprises to achieve true internal segmentation as well as unprecedented scale, performance, detection, and enforcement capabilities. Executive Summary  Financial Statements – Income Statement and Forecast – Balance Sheet – Cash Flow – Company Overview […]

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April 8, 2020

Tencent extended China leadership while expanded internationally via top-notch games including PUBG Mobile, Brawl Stars and Call of Duty Mobile. International revenue rose to 23% of online game revenue in Q4FY19. Advertising achieved robust growth despite macro headwinds, progressively realizing the long-term potential of Moments and expanding its mobile ad network.  Executive Summary  Financial Statements – […]

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April 7, 2020

Grand Canyon is just an education service provider to GCU, after splitting from the University. Service revenue increased by 20.1%.This  increase in comparable service fee revenue was primarily due to GCE’s Orbis Education acquisition and the increase in GCU enrollments. Executive Summary Financial Statements – Income Statement and Forecast – Balance Sheet – Cash Flow […]

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April 3, 2020

Cisco introduced an IoT security architecture that provides enhanced visibility across both IT and OT environments, and protects industrial processes. The company’s  new solutions enable the collection and extraction of data from the IoT edge so organizations can increase efficiencies to make better business decisions and accelerate digitization projects. Bharti Airtel (Airtel), India’s largest integrated […]

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April 3, 2020

Talend announced the availability of Talend Cloud in Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. With the embedded data quality and native integration performance of Talend Cloud, companies can run integration tasks securely across cloud and on-premise environments with only a few clicks from an Azure account. Executive […]

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April 2, 2020

Qualys announced an embedded partnership with Microsoft integrating Qualys Vulnerability Management and Qualys Container Security into Microsoft Azure.  The company also announced its new Vulnerability Management, Detection and Response (VMDR) app to provide customers with one streamlined workflow to scan, investigate, prioritize and neutralize threats. Executive Summary  Financial Statements – Income Statement and Forecast – […]

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April 2, 2020

The Trade Desk and TikTok, the leading destination for short-form mobile video, have announced a new advertising partnership covering key Asia Pacific markets.Samba TV, the leading provider of consumer cross-screen television insights and analytics, and global advertising technology platform The Trade Desk announced the expansion of their US partnership to international markets beginning in Australia. […]

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April 1, 2020

Roku announced Roku TV Ready, a new program that allows consumer electronics companies to partner with Roku to help their products work seamlessly with Roku TV for an incredible home entertainment experience.Walmart and Roku announced the launch of the new Atvio Roku TV lineup of smart TVs, exclusively available in Walmart stores in Mexico. Executive […]

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March 26, 2020

Square, Inc. announced that it has completed its sale of Caviar to DoorDash, Inc. on October 31, 2019, for $410 million in a mix of cash and DoorDash stock. In connection with the closing, Square is providing details on Caviar’s contribution to the Company’s previously announced guidance. Executive Summary Financial Statements – Income Statement and […]

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March 23, 2020

RingCentral, Inc. announced continued momentum for the RingCentral Open Platform™ with ~30,000 developers and 3,000 certified integrations. The company is also announcing new and updated integrations with NetSuite, Salesforce, and Microsoft Teams, to name a few, that enhance overall business productivity and drive customer centric outcomes. In addition, RingCentral announced that the company won the […]

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March 23, 2020

Baidu App’s large user scale and unique search-plus-feed distribution channels are attracting more original content creators, with BJH publisher accounts for Baidu feed, reaching 2.6mn, up 38% Y/Y, in December 2019.  Executive Summary  Financial Statements – Income Statement and Forecast – Balance Sheet – Cash Flow – Q4FY19 Results – Developments – China Digital Ad […]

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March 19, 2020

Proofpoint announced that it has completed its acquisition of ObserveIT, the leading insider threat management platform. By combining ObserveIT’s lightweight endpoint agent technology and data risk analytics with Proofpoint’s industry-leading information classification, threat detection, and intelligence, enterprises will have unprecedented insight into user activity with their sensitive data, wherever it resides and the ability to […]

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March 18, 2020

Uber was the most downloaded app globally in both Rideshare (Uber app) and Food Delivery (Uber Eats) categories on both the Apple App Store and Google Play Store according source to Sensor Tower. Uber was Identified as one of the top 100 U.S. brands, ranked #1 on the most innovative brand and great consumer experience […]

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March 11, 2020

Alibaba Group Holding Limited announced an additional investment of RMB23.3bn ($3.3bn) to increase its equity stake in Cainiao Smart Logistics Network Limited (“Cainiao”) from ~51% to ~63%, by subscribing for newly issued Cainiao ordinary shares in its latest financing round and purchasing certain equity interest from an existing Cainiao shareholder. Other existing shareholders also participated […]

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March 4, 2020

Spotify continued to see exponential growth in podcast hours streamed and it is now the single biggest podcasting platform. The company is investing a lot of money in acquiring podcast content. Spotify has bought big publishers like Gimlet Media, Higher Ground, Anchor FM and Parcast to produce exclusive content for the its platform. Spotify recently announced […]

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February 26, 2020

ServiceNow has established itself as a reliable tech stock and still has room to grow as it expands its portfolio to offer legal and finance automation services. The Company recently announced that it would acquire Loom Systems, an Israeli artificial intelligence for IT operations (AIOps) company that ServiceNow said would boost its capabilities in AIOps, and […]

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February 26, 2020

Facebook continues to invest in new products and new features in its apps and has shown progress with Instagram Feed and Instagram Stories over the last year. The company also has a big potential with WhatsApp Pay. With an estimated 2bn users worldwide, enabling WhatsApp users to send money instantaneously and with the same ease as […]

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February 21, 2020

In Q2FY20, Atlassian Access showed impressive growth, more than doubling year-over-year. IT teams use Access to help anyone within an organization adopt Atlassian products. Customers that have adopted Access include Lululemon, The Washington Post, and Redfin. Executive Summary Financial Statements – Income Statement and Forecast – Balance Sheet – Cash Flow – Q2FY20 Results – […]

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February 10, 2020

Netflix is the first ever streaming service receiving more Oscar nominations than a traditional studio. It received 34 global globes nomination. Netflix is also expanding its non-English language original offerings which will help it to grow its penetration in international markets. Executive Summary  Financial Statements – Income Statement and Forecast – Balance Sheet – Cash […]

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January 24, 2020

Palo Alto Networks  has significantly moved its revenue to subscription and support and it contributed 70% of the total revenue in Q1FY20. Subscription and support revenues are growing at a much faster pace than its product segment.Acquisitions are a key part of the company’s strategy to stay on top of the competitive cybersecurity industry. Executive […]

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January 22, 2020

CyberArk Software  witnessed strong growth in the global government space as a result of continued investment in the U.S. Federal vertical.Increased demand for privileged access security is a key growth driver for the company. Executive Summary Financial Statements – Income Statement and Forecast – Balance Sheet – Cash Flow – Company Overview – Q3FY19 results […]

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January 17, 2020

Quotient  Technologies announced that it has entered into an agreement to purchase Israel-based Ubimo, a leading data and media activation company. Ubimo brings best-in-class technology to further strengthen Quotient’s digital Media solutions, in which the company  believes will improve campaign performance and cost efficiencies, and accelerate the development of Quotient’s self-service platform. • Executive Summary […]

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January 13, 2020

Grubhub operates in an increasingly competitive space. The competitors are Uber, DoorDash and Postmates.Grubhub has acquired firms like Tapingo, LevelUp,Seamless, Yelp’s Eat24 and many smaller firms in order to fend off competition and maintain its market shares.  Executive Summary  Financial Statements – Income Statement and Forecast – Balance Sheet – Cash Flow – Q3FY19 Results […]

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January 3, 2020

Omnicom has made good progress on enhancing its capabilities in digital transformation, machine learning and audience centric services. Omnicom Precision Marketing Group, which manages Omnicom’s CRM and digital agencies, acquired a majority stake in Smart Digital. Smart Digital services and technology platforms are used to deliver large-scale real-time personalized solutions that enable Individual brand experiences […]

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December 30, 2019

Roku was one of the best stocks this year. The company’s shares are up by more than 400% since early January. Roku run was supported by its push into advertising business, strong network of customers which led to excellent revenues. Roku continued to dominate the market by accounting for 44% of all connected-TV viewing hours […]

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