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: Lunchdrop is a food delivery service that provides packaged meals to corporate clients as well as individual consumers. The company makes money by taking a cut from the revenue that its various restaurant partners generate. What Is Lunchdrop? Lunchdrop, which is headquartered in Austin, Texas, is a food delivery service that provides packaged … 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
Executive Summary: The business model of Lyft is that of a two-sided online marketplace. There, it mostly connects drivers with passengers. Lyft makes money from commissions, service fees, referral fees, subscriptions, interchange fees, advertising, and services. What Is Lyft? Lyft is a transportation app that provides users with on-demand access to drivers all around their … Read more
Executive Summary: Faire is a platform that connects small retailers with brands and manufacturers to purchase items at wholesale prices. Faire makes money by taking a commission from each sale on its platform as well as subscription fees paid by retailers. It operates under a marketplace business model. Founded in 2017, Faire has grown into … Read more
Executive Summary: TickPick is an online platform on which members can purchase tickets from licensed professional brokerages. TickPick makes money by charging sellers on its platform a flat fee of 10 percent. The commission is applied whenever a ticket is sold through the platform. Founded in 2011, TickPick is now one of the biggest … Read more
Executive Summary: Too Good To Go is a platform on which restaurants, supermarkets, and other establishments can sell surplus food. Too Good To Go makes money by charging a fixed order-based fee as well as a yearly administrative fee to its partners. The company operates under a marketplace business model. Founded in 2015, Too Good … Read more
Executive Summary: Sundae is an online real estate platform that allows homeowners to sell distressed properties to investors in its network. Sundae makes money from subscriptions, fees charged to investors, interest on loans, and by flipping homes for a profit. It operates under a marketplace business model. Founded in 2018, the platform has managed to … Read more
Executive Summary: Upstart is a digital lending platform that utilizes artificial intelligence to give customers access to affordable credit. Upstart primarily makes money via the fees it imposes on its partners as well as interest from loans it personally issues. Founded in 2012, the company is now one of the fastest-growing FinTechs in the United … Read more