Every week, the same headline repeats: DTC upstart heads to retail. You can now find Magic Spoon at Target, Glossier at Sephora, and Away at Amazon, and the list goes on. This month, Yumi, the company I co-founded, also threw our proverbial hat into the brick-and-mortar ring, with a full nationwide launch at Target and nearly 2,000 stores. So, yes, the "era of DTC" as we know it is dead . But I would argue that the DTC era was an important pit stop to the inevitable omnichannel future. In the initial version of our company pitch deck, we created a future road map inspired by Walt Disney's famous Synergy Map in 1957, when he envisioned Disney's 60-year road map in a napkin sketch. He doesn't explicitly name Disney+, its big gambit in connected TV, or the purchase of Pixar, but all the breadcrumbs are there for the sprawling online and offline empire we know today. Our Disney map slide showed Yumi's later-stage selling channels would include real-life festivals for … [Read more...] about How a Disney Map Helped My Company Survive the Death of the Direct-to-Consumer Model
Demonstrating principled uncertainty modeling for recommender ecosystems with recsim ng
Binance secures approval for Kazakhstan operations
FILE MANILA, Philippines — The Astana Financial Services Authority (AFSA) has granted Binance preliminary authorization to operate a digital asset trading facility and offer custody at the Astana International Financial Center (AIFC). The world’s leading blockchain and cryptocurrency infrastructure provider will be able to operate a digital asset trading facility and custody in Kazakhstan. Binance’s CEO expressed his gratitude to AFSA for giving the trust to allow operations in Kazakhstan, stating Binance’s commitment to being a compliance-first exchange and providing products and services in a safe and well-regulated environment around the world. “Kazakhstan has shown itself to be a pioneer in Central Asian crypto adoption and regulation,” said Changpeng Zhao (CZ), founder and CEO of Binance. Gleb Kostarev, Regional Head of Asia at Binance, said “This is a landmark achievement for Binance in Kazakhstan. We are grateful to the Astana International Financial Center for their … [Read more...] about Binance secures approval for Kazakhstan operations
Dialog’s 4Q net profit falls 15% on higher project cost, losses in some projects
- A + A KUALA LUMPUR (Aug 18): Dialog Group Bhd's net profit fell 14.65% to RM118.25 million for the fourth quarter ended June 30, 2022 (4QFY22), from RM138.54 million a year earlier, on higher project cost and losses in some of the projects under both its local downstream and international businesses. Earnings per share slipped to 2.1 sen from 2.46 sen previously, the group's Bursa Malaysia filing on Thursday (Aug 18) showed. Quarterly revenue however rose 29.4% to RM675.65 million from RM522.14 million following increased business activities in both local and international operations. For the full FY22, Dialog saw its net profit drop 6.47% to RM508 million from RM543.14 million in the previous financial year, despite revenue rising 44.04% to RM2.32 billion from RM1.61 billion. Dialog said the higher revenue reported by its local operations for 4QFY22 was due to increased activities in the upstream, midstream and downstream activities. The upstream activities … [Read more...] about Dialog’s 4Q net profit falls 15% on higher project cost, losses in some projects
You probably won’t ace a job interview without doing this one thing
If you want the job, you’ve got to demonstrate your passion and intelligence in an interview. advertisement advertisement But it’s not just about showcasing your enthusiasm, or writing a compelling script to explain your accomplishments. Acing this task also requires careful research about the company and open position. Hiring managers love hearing about how much you’ve looked into the company and why you think you’d be a great fit for this specific role. “In my experience, very few candidates do any company research before interviewing,” says Donna Svei, a résumé writer for executives and a Fast Company contributor. “[It’s a way to] stand out from other candidates.” Here’s how to make it clear that you’ve done your prep work during your next big interview: advertisement Emphasize values The best way to show you feel a connection to a company is by citing the firm’s values. These tenets are the baseline and the heartbeat of an … [Read more...] about You probably won’t ace a job interview without doing this one thing
Hyundai Motor Group signs MOU with Rolls-Royce for air mobility development
Hyundai Motor Group Chairman Euisun Chung, right, and Rolls-Royce CEO Warren East, standing next to an electric aircraft concept model made by Supernal that is expected to be introduced in 2028, pose for a photo after signing a memorandum of understanding to cooperate on the development of air mobility. [HYUNDAI MOTOR] Hyundai Motor Group Chairman Euisun Chung met with high-ranking officials of global aircraft manufacturers at the Farnborough International Airshow 2022 to ensure cooperation on the development of electric air mobility, including signing a memorandum of understanding with Rolls-Royce. Chung held a meeting with Warren East, CEO of Rolls-Royce, and signed an MOU to co-develop battery-electric and fuel cell electric technology for its electric air mobility. The meeting, also attended by Shin Jai-won, head of the advanced air mobility (AAM) division at Hyundai Motor Group, was held at the booth of Supernal during the airshow on Monday. Established in 2020, Supernal is … [Read more...] about Hyundai Motor Group signs MOU with Rolls-Royce for air mobility development