The Chime Business Model – How Does Chime Make Money?

Executive Summary: Chime is an American-based neobank that offers various financial products through its mobile applications. As a digitally enabled platform, Chime does not operate any physical branches. The app comes with a physical Visa debit card. Chime makes money by charging so-called interchange fees for every transaction conducted with the card, interest earned on … Read more

The Fiverr Business Model – How Does Fiverr Make Money?

Executive Summary: Fiverr is platform for freelancers. Interested buyers can purchase services for as low as $5 in categories such as programming, graphic design, video editing, and many others. Fiverr makes money from service and transaction fees, software subscriptions, as well as course sales. It operates on a marketplace business model. Launched in 2010, the … Read more

The Slack Business Model – How Does Slack Make Money?

Executive Summary: Slack is a messaging application that allows users to collaborate via chat, phone, or video. Users can organize groups in so-called channels to work on projects or exchange information about certain topics. The Slack app is available via desktop as well as mobile. The business model of Slack is centered around charging customers … Read more

The Zoom Business Model – How Does Zoom Make Money?

Executive Summary: Zoom is a cloud-based conferencing tool that allows users to virtually interact with each other through audio, video, and chat. The company’s competitive advantage is centered around the product’s ease of use as well as high-quality audio/video output. Zoom makes money via subscription fees, hardware sales, advertising, as well as by investing into … Read more

The DoorDash Business Model – How Does DoorDash Make Money?

Executive Summary: DoorDash is an online food delivery service, which partners up with local restaurants to deliver meals to customers nearby. Deliveries are executed by contractual drivers (so-called Dashers) that operate on an on-demand basis. DoorDash makes money via commissions, delivery and service fees, a white-label logistics service, premium subscription plans, as well as by … Read more

The Upwork Business Model – How Does Upwork Make Money?

Executive Summary: Upwork is an online marketplace that matches freelancers with businesses that seek on-demand work. The company facilitates jobs in the field of accounting, data science, web development, customer support, and many more. Upwork makes money by charging service fees to contractors, via subscriptions, as well as by allowing freelancers to pay for additional … Read more

The Grammarly Business Model – How Does Grammarly Work & Make Money?

Executive Summary: Grammarly is a technology company offering various applications aimed at improving people’s writing style and grammatical correctness. The tool is available through browser extensions, apps, their online editor as well as though a Microsoft Word plugin. Grammarly makes money by offering premium subscription plans to both consumers and businesses. Furthermore, the company offers … Read more

The Deliveroo Business Model – How Does Deliveroo Work & Make Money?

Executive Summary: Deliveroo is an online food delivery service that partners up with other restaurants to deliver food to customers. Deliveries are executed by contractual drivers that operate on an on-demand basis. One of the major differentiators to other food delivery companies is the focus on high-quality food offerings. Deliveroo makes money via delivery, sign-up, … Read more