Executive Summary: CityMall is a social commerce platform on which users can purchase everyday goods at discounted rates. CityMall, much like a traditional grocery or fashion store, makes money from selling the goods on its platform at a profit. The firm operates under a marketplace business model. Founded in 2019, CityMall has already become one … Read more
Executive Summary: Vestiaire Collective is a fashion resale platform that allows users to purchase mostly used luxury clothing, shoes, and accessories. Vestiaire Collective makes money by charging fees. Those fees have to be paid by sellers when they successfully sell something on the platform. Founded in 2009, Vestiaire Collective has grown to become one of … Read more
Executive Summary: Turo is a peer-to-peer car-sharing network that enables its users to borrow a vehicle from others or rent out their own. Turo makes money by charging various fees to both customers and hosts. The business model of Turo can be characterized as an online marketplace. The company, which was founded in 2008, has … Read more
Executive Summary: Rarible is an online marketplace that allows users to purchase, sell, and trade non-fungible tokens (NFTs). Rarible makes money by charging a 2.5 percent fee on every sale. The company operates an online marketplace business model. Founded in 2019, Rarible has grown to become one of the world’s leading NFT marketplaces. It has … Read more
Executive Summary: Gympass is a membership service that allows corporate employees to get access to gyms, studios, and wellbeing apps. Gympass makes money via monthly membership fees. The company operates under an online marketplace business model. Founded in 2012, Gympass has managed to raise over $525 million in funding, It is currently being valued at … Read more
Executive Summary: Gemini is a FinTech company that allows users to purchase, store, and sell a variety of cryptocurrencies. Gemini makes money via transaction fees, transfer fees, interchange fees, interest on cash held in its Earn accounts, as well as custody fees. Founded in 2014, Gemini has grown to become one of the biggest cryptocurrency … Read more
Executive Summary: Steam is an online platform that allows users to purchase, play, distribute, as well as discuss video games. Steam makes money by taking a percentage cut from every game sold on its platform, fees for developer tools, licensing fees, as well as by selling physical hardware. Launched in 2003, Steam has grown to … Read more
Executive Summary: Crypto.com is a FinTech company that provides a centralized exchange that allows users to purchase and sell dozens of cryptocurrencies, a debit card, as well as other financial products. Crypto.com makes money from various trading fees, interest on loans, interchange, withdrawal, and currency conversion fees, sales fees from its NFT marketplace, and by … Read more
Executive Summary: Pinduoduo (拼多多) is an online marketplace that allows users to purchase goods directly from manufacturers through group buying. Pinduoduo makes money from online marketing services, transaction services, as well as merchandise sales. The company operates on a marketplace business model. Founded in 2015, Pinduoduo has grown to become China’s largest marketplace (measured by … Read more
Executive Summary: OpenSea is an online marketplace that allows users to purchase, sell, and trade non-fungible tokens via its website. OpenSea makes money from service fees. These fees are paid whenever a digital asset is successfully sold via the platform. Founded in 2017, OpenSea has grown to become the world’s largest NFT marketplace. It has … Read more