Executive Summary: FitOn is a personalized fitness application on which trainees can find workout and meal plans as well as guided meditations. FitOn makes money via subscription fees, a corporate wellness program, as well as from selling its own branded fitness gear. It operates under a freemium business model. Founded in 2018, FitOn has quickly … Read more
Executive Summary: Figleaves was an online retailer out of Great Britain that specialized in the distribution of lingerie and related female clothing. Figleaves was shut down because interest in the company slowly began to fade while N Brown wanted to streamline its businesses to boost growth. What Is Figleaves? Figleaves is an online retailer based … Read more
Executive Summary: CNN+ was a premium streaming service from the namesake news station that could be accessed by paying a subscription fee. CNN+ failed because of low subscriber numbers, extensive cost projections, a change in leadership, competition, and shifting strategic goals at Warner Bros. Discovery. What Is CNN+? CNN+ (spelled CNN Plus) was a premium … Read more
Executive Summary: Facebook Jobs is a feature on Facebook with which business owners can post and advertise available work. Facebook Jobs, in all likeliness, was shut down outside the United States and Canada because it wasn’t popular enough. What Is Facebook Jobs? Facebook Jobs is a feature on the namesake social media platform that enables … Read more
Executive Summary: PayBright is a FinTech company that provides ‘Buy Now, Pay Later’ solutions to both customers and merchants. PayBright makes money by charging a variety of different fees to both customers as well as merchant partners. Founded in 2009, the company has managed to become one of Canada’s leading consumer financing providers. PayBright was … Read more
Executive Summary: Capsule is an online pharmacy that delivers new prescriptions as well as refills right to the customer’s address. Capsule Pharmacy makes money by selling prescription drugs. The customer (via co-pay) and the insurance provider both pay a portion of the drug’s sales price. Launched in 2016, Capsule has grown to become one of … Read more
Executive Summary: Buff is a platform that enables users to earn redeemable rewards while playing video games on their PC or mobile phone. Buff makes money from advertising, by offering a premium subscription, as well as from interchange fees. It operates on a freemium business model. What Is Buff Game? Buff is a software application … 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: BeReal is a social media platform that enables users to share one photo per day with their friends. The app incentivizes people to stay in touch through regular communication. BeReal does currently not make any money. The business is being financed by venture capital investors instead. What Is BeReal? BeReal is a social … Read more