Riyadh-based Ninja achieves unicorn status with a new funding round, led by Riyad Capital. The three-year-old venture taps into demand for quick-delivery consumer goods across the Kingdom, as well as neighboring Qatar, Bahrain, and Kuwait. Its at-hand products include potato chips and blueberries, as well as milk and laundry detergent, among thousands of other items. […]
The humble egg becomes a beacon for the US economy. Of course, egg shortages can be explained by looking at the impact of the avian flu. Purchase restrictions at some grocery stores, though, trigger memories of pandemic frustrations, helping to undermine consumer confidence. Egg surcharges at Waffle House and Denny’s are an added irritation. The […]
Ford rolled out its 2024 Mustang in mid-September. The iconic car has an enviable pedigree in America with the original model dating to 1964. But this was no ordinary auto pageant. The buzz centered on the fact that Ford has fitted the model with an internal combustion engine, despite its commitment to bolster electric production. […]
Customer retention is essential to business survival. It measures the underlying health of a firm. In April, Netflix announced it had lost some 200,000 subscribers in the first quarter, suggesting that consumers were abandoning the streaming company. The stock price was penalized because of the headline interpretation of subscriber churn. In fact, the number could […]
Chile-based NotMilk may be alluring to investors because of its plant-based product traits and its de facto celebrity endorsement by Jeff Bezos. Not all food-tech companies are so fortunate. The key to capturing investor capital may be found in answering a basic question: Among potential competitors, what are the barriers-to-entry? In food tech, direct-to-consumer businesses […]
UiPath may not be a household name, but the company is on a torrid growth trajectory. Over the past four months, the firm claims that it has doubled its workforce to about 600 employees across 14 countries to support its software-bot business. With the additional $153 million it just raised from venture capitalists, UiPath can […]
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