The move is likely a measure for Uber to cut losses, as it’s bled billions of dollars each quarter this year, and aims to become profitable by 2021. UberEats has been operational in India since May 2017, but has only ever managed to earn the #3 position in India’s competitive food ...
Tremendous amounts of big data go into finding out what the price of a barrel of oil will be, what the output should be, and if an oil well will be profitable or not. It is also deployed in finding out equipment failures, deploying predictive maintenance, and optimally using resources in...
A film about British pensioners retiring to a run-down hotel in India went on to become on of the most profitable films of 2012 and now finds itself in the thick of the awards race as the BAFTAs, Golden Globes and Oscars approach.We caught up with its screenwriter, Ol Parker (who ...
While Uber has bypassed Via in popularity and product usage, Via has effectively carved a niche in the transportation technology space. Why I Think Via’s Go-to-Market Strategy Works: The company’s GTM strategy emphasized ride-sharing — that is, riders literally share rides with other riders...
Airbnb and Uber—two massively successful marketplace apps—have spawned countless imitators, from Plowz ("Uber for snow plows") to Swimply ("the Airbnb of swimming pools"). All of these are two-sided marketplaces, a platform that connects buyers and sellers....
“Venture Capital’s Role in Financing Innovation: What We Know and How Much We Still Need to Learn,” by Josh Lerner and Ramana Nanda (Journal of Economic Perspectives,2020). “More Women Are Top V.C. Decision-Makers, but Parity is a Long Way Off,” by Dan Primack (Axios,2020). ...
Microsoft, IBM, Intel, and HP (Hewlett-Packard) employ nearshore software programming as a profitable solution for their tech needs. And you can join these successful industry leaders in optimizing your business efficiency. In this post, we’ll disclose the essence of nearshore development and its...
self-branded travel rewards ecosystems. These types of partnerships may have diminishing returns in the future. When rethinking partnerships, travel brands should seek to build richer connections with customers, while boosting engagement. Uber’s partnership with Marriott, for example, gives users the ...
“The low number of profitable platforms and the speed with which new initiatives disappear suggests that financial sustainability is mostly not given,” Christoph argues. Attila speculates that the business model of companies like Uber is self-defeating. “What benefits the model is that the mo...
3. Always be teaching:Nathan Barry fromKitalways says one thing: “Teach everything you know and that’s how you build a profitable business”. Don’t hold and make sure to share your knowledge as much as you can. If you observe the list of people we included in this post, you’ll...