Executive Summary: Temu is an online marketplace that connects consumers with thousands of sellers, manufacturers, and brands around the world. Temu makes money by taking a percentage cut from the purchases made via its platform, which are paid by the sellers on its platform. How Temu Works Temu (tee-moo) is an online marketplace that connects … Read more
Executive Summary: Jiji is an online classifieds site that enables users to either purchase or sell both goods and services in a variety of different categories. Jiji makes money from so-called premium services, which enable users to boost the exposure their listings receive. Founded in 2014, Jiji has grown into the biggest online classifieds platform … Read more
Executive Summary: Mastodon is a free social media platform that separates itself from the competition by being decentralized. Mastodon makes money from user donations, sponsorships, as well as grants. It operates on an open-source-based business model. What Is Mastodon? Mastodon is a free social media platform that separates itself from the competition by being decentralized. … Read more
Executive Summary: Paceline is a fitness application that enables its members to earn rewards in exchange for working out. Paceline makes money from interchange fees, annual fees, late payment fees, as well as from advertising on the app. Founded in 2019, Paceline has grown to over 500,000 users thus far. The company has raised close … Read more
Executive Summary: OZY is an online media organization that creates audio, text, and video-based content across a variety of platforms. OZY Media’s former COO Samir Rao was caught impersonating a YouTube executive, which led to a temporary unraveling of the firm and the loss of both revenue and investor confidence. What Is OZY? OZY is … Read more
Executive Summary: Luckin Coffee is a Chinese coffeehouse chain selling not only coffee but other beverages like tea and juices as well as food. The firm’s executives inflated 2019 sales numbers by more than $300 million, which caused a delisting of its stock and led to Luckin going bankrupt. What Is Luckin Coffee? Luckin Coffee, … Read more
Executive Summary: Fundrise is an investment platform that allows retail investors to put their money into real estate assets and high-growth companies. The former CFO of its REIT product accused the company of mishandling customer assets. However, the allegations were never proven to be true. How Fundrise Works In order to better understand the issues … Read more
Executive Summary: Hugging Face develops artificial intelligence algorithms and products aimed at software developers in the machine learning space. Hugging Face makes money from different licensing fees as well as by selling branded merchandise via its own online store. Founded in 2016, Hugging Face is one of the most popular communities in the field of … Read more
Executive Summary: Morning Brew is a media organization that is primarily known for sending out a daily newsletter about the world of business, politics, and tech. Morning Brew makes money from advertising, sponsorships, organizing events, selling various items through its own online shop, and offering premium courses. The firm operates on an advertising-based business model. … Read more
Executive Summary: Headway is an online platform, which connects mental health care providers who accept insurance with those seeking help. Headway makes money by receiving a commission from the insurance providers it works together with. Founded in 2018, Headway has since managed to raise over $100 million in venture funding while accruing a valuation of … Read more