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How Uber made taxis attractive again and how it will tap into the sharing economy – Business model revolution
Uber’s growth history In 2009, Travis Kalanick and Garrett Camp founded Uber, the app that has revolutionized the taxi and personal mobility industry. Uber is currently active in 68 countries and is planning further global expansion (Uber, 2015). Uber’s value proposition has hit the traditional taxi industry at its core. On Christmas Eve in 2015, …
How Alibaba is able to capture nearly all Chinese shoppers
Alibaba’s growth history Alibaba Group was founded in 1999 by Jack Ma, a former English teacher from Hangzhou (China), and started out as an online marketplace enabling small enterprises to compete on a national and global scale (Alibaba group, 2015). Through Alibaba.com, companies seeking products are enabled to connect with manufacturers all over the world …
How Spotify surfed the disruptive waves in the music industry
Spotify’s growth history From 1973 until 1981, music on vinyl dominated the market in terms of revenues (see figure 1). From the 80s on, the cassette soon took over as the key choice of format for music but was soon overtaken by compact discs in 1990. With these three media carriers, the music industry boomed …
Fascinating graphics show who owns all the major brands in the world
How Airbnb is disrupting the hotel industry
Airbnb’s growth history Airbnb was conceived in 2007 when founders Brian Chesky and Joe Gebbia found themselves unable to afford rent (Crook & Escher, 2015). They decided to set up three airbeds to rent out to lodgers (thus the original name of the company, Airbed and Breakfast). After significant struggles to raise funds, Airbnb grew …
What if energy is free tomorrow?
What would the world look like tomorrow if energy is free? Peter Diamandis recently said in an interview in a Dutch documentary that energy could be free (judging from the reduced cost per output). What if instead of energy being eventually free of charge, it would happen tomorrow? What threats and opportunities can you expect for …
17 Drivers to ensure speed in new product development
New product development (NPD) and innovation have grown to become the sole driver of establishing sustainable growth for many organizations. One can invest significant funds into the R&D department, however, how effective is this? The fact that innovation and R&D spending are gaining attention – even in economic recession – brings the following question to …