Vinted is an online marketplace for second-hand clothing and curated luxury fashion items. It claims to have “zero tolerance for replicas” and to check with luxury brands before the sale. The company, headquartered in Vilnius, Lithuania, was founded in 2008 by Milda Mitkute and Justas Janauskas. Vinted strictly upholds its policy on reselling. The site … Read more
Airbnb has risen from its founders’ bedroom to becoming one of the largest players in the travel industry. In 2021 alone, the company generated close to $6 billion in revenue. The reason for Airbnb’s impressive ascent is multifaceted, to say the least. However, part of it can be explained by the competitive advantages it has … Read more
H&M, short for Hennes & Mauritz, is a fast-fashion clothing retailer catering to men, women, teenagers, and children. The company, which is headquartered in Stockholm, Sweden, was founded in 1947 by Erling Persson. That year, he opened the firm’s first store dubbed Hennes (Swedish for ‘hers’) aimed at females. 21 years later, Persson purchased hunting … Read more
Poshmark is an e-commerce platform where people can buy and sell second-hand fashion items for men, women, and children. The company, headquartered in Redwood City, California, was founded in 2011 by Manish Chandra, Tracy Sun, Chetan Pungaliya, and Gautam Golwala. Best known for its fashion and clothing products, Poshmark lets users trade home goods and … Read more
Cinch is a car retailer that allows users to purchase a vehicle as well as apply for financing entirely online. The company, which is headquartered in Farnham, UK, was launched in 2019 by Constellation Automotive Group (formerly BCA Marketplace). Constellation, which remains the sole owner of Cinch, initially launched Cinch as a classifiedd website that … Read more
The PlayStation is a device that allows people to play video games as well as consume media, communicate with others, and so forth. Ken Kutaragi, a Sony executive also known as “The Father of the PlayStation” and the manager of one of the corporation’s hardware engineering groups, invented PlayStation and introduced the world of games … Read more
ClassPass, Inc. is a health club aggregator that allows customers to sign up for gym memberships via app subscriptions and credits. The company, headquartered in New York City, was founded in 2012 by Payal Kadakia, Sanjiv Sanghavi, and Mary Biggins. ClassPass is best known for its fitness class services, but the app can also be … Read more
Uniqlo Co., Ltd., or Uniqlo, is a clothing retailer company that designs, manufactures, and distributes casual wear for all genders and age groups. It has expanded its horizons to multiple countries in Asia, Europe, Australia, and North America. They focus on manufacturing, designing, and retailing different kinds of high-quality casual wear. What sets Uniqlo apart … Read more
Afterpay is a booming BNPL (buy now, pay later) platform that, as the term suggests, lets shoppers purchase and receive items that can be paid for later, usually in installments. The company, headquartered in Melbourne, Australia, was founded in 2014 by Nick Molnar and Anthony Eisen. Today, Afterpay has a strong presence in Australia, the … Read more
Starlink is an internet service provider that launches thousands of its own satellites into low-Earth orbit (LEO). The company, which is headquartered in Hawthorne, California, was launched as a sub-division of SpaceX back in 2015. Traditionally, access to the internet has been provided via fiber-optic cables, which must be physically laid down into the ground. … Read more