About the Company (As of July 2023) A Brief History of TikTok TikTok’s journey began in September 2016 when a Chinese tech company, ByteDance, launched a short-video app called Douyin in China. Douyin quickly gained traction among users for its unique features and creative content. The app built a revenue of $63mm in 2017, further… Continue reading The TikTok Business Model
About the Company (As of June 2023) What is Grubhub? Grubhub, founded in 2004 by Matt Maloney and Mike Evans, is a leading online and mobile food delivery platform headquartered in Chicago, Illinois. It operates in over 4,000 cities across the United States, serving as a bridge between consumers and local restaurants. With a vast… Continue reading Grubhub Business Model
A Brief History of Airbnb Airbnb, a global online marketplace for lodging and tourism experiences, was launched at the Democratic National Convention in 2008 by Brian Chesky, Joe Gebbia, and Nathan Blecharczyk. Initially, it struggled to gain traction, earning just $200 weekly in 2009. However, the platform steadily grew, reaching a revenue of $0.4 billion… Continue reading Airbnb Business Model: How It Makes Money?
About the Company (As of May 2023) A Brief History of Tinder Tinder is a popular mobile dating application that was launched in 2012. It was founded in a startup incubator called ‘Hatch Lab’ by Sean Rad, Jonathan Badeen, Justin Mateen, Joe Munoz, Dinesh Moorjani, and Whitney Wolfe Herd. The app reached the value of… Continue reading Tinder Business Model : How Does It Makes Money
About the Company (As of February 2023) A brief history of Dropbox In the bustling horizon of tech startups, two brilliant visionaries Arash Ferdowsi and Drew Houston introduced a new way to access and share files, without carrying around those bulky drives. And so at that moment, Dropbox was born in 2007. With just a… Continue reading Dropbox Business Model Explained: How It Revolutionized Cloud Storage and Collaboration