The global athleisure market is set to grow by over $150 billion from 2020 to 2025. These numbers, as lucrative as they may seem, were not the reason why Joe Kudla started Vuori, though. All he wanted to achieve when he launched the brand back in 2015 was to solve his own issues of not … Read more
In 2021 alone, nine of the biggest banks in Nigeria raked in ₦554 billion (~ $1.31 billion) in account management fees according to the World Bank. Another $2.94 billion in fees was spent between 2020 and 2021 by people living outside Nigeria to send back a total of $34.8 billion to their home country – … Read more
There is no denying that the Covid pandemic had a long-lasting impact on all of us. It not only forced billions of people to quarantine at home for months but significantly accelerated the growth of the internet economy. One of the major beneficiaries of said pandemic became audio-based social network Clubhouse, which managed to amass … Read more
Streaming shows and movies have become an integral part of our daily routines. In fact, streaming recently has recently overtaken cable consumption for the first time in history. Netflix, which has pioneered the format, remains firmly in the driver’s seat. In recent years, competing platforms like Disney+, Amazon Prime, and Apple TV+ have all managed … Read more
In recent times, consumers have seen the logo of used-car marketplace Cinch in all kinds of places ranging from Crystal Palace jerseys all the way to the ITV musical game show Walk The Line. Its rapid expansion has largely been made possible by Constellation Automotive Group (formerly BCA Marketplace), the company that fully owns Cinch. … Read more
Chewy is an online retailer that sells pet-related products and services from over 3,000 different brands. The company, which is headquartered in Boston, Massachusetts, was founded in 2011 by Michael Day and Ryan Cohen. Chewy, despite competing against industry juggernauts such as Amazon and Petco, has managed to create a business that generates annual revenues … Read more
Executive Summary: QPay is a platform that allows university unions, societies, and clubs to engage with the students on their campus. It also offers a virtual debit card in partnership with Mastercard. In 2018, the founders of QPay participated in Australia’s version of Shark Tank, earning them the title of the show’s highest earning business. … Read more
Executive Summary: Vevo is a video network that produces and distributes music videos and related content across a variety of hardware devices and online platforms. Vevo shut down its apps as well as website because it wasn’t able to financially compete with the likes of Spotify and YouTube. The service continues to be jointly … Read more