TREND REPORTS
AI Video Startup Captions Valued at USD 500M in USD 60M Series C
[Investing]
2024/07/12 09:08
AI video editing startup Captions announced on July 9, 2024, that it had raised USD 60m in a Series C funding round, bringing its total funds raised thus far to USD 100m. The company’s valuation was also pegged at USD 500m.The lead investor was Index Ventures, which also backed DeepL’s most recent funding round, which raised USD 300m and valued the company at USD 2bn.In a tweet announcing the...
How Affluent Chinese Women are Shaping the Future of Luxury Travel
[Business]
2024/07/12 09:07
The new generation of wealthy female travelers in China now seeks far more than shopping or selfies. Seventy-one percent of affluent Chinese female travelers now prefer to invest in travel and experiences rather than material goods. Key TakeawaysAffluent Chinese women, particularly millennials and Gen Xers, are driving luxury travel trends, with 71% preferring experiences over material goods.82...
Inflatable House Delivers Quick Comfort to Your Camping Adventures - The Exod POD-01
[Product]
2024/07/12 09:06
The Exod POD-01 is quick to set up but fairly hefty in terms of weight, so it's best for car camping.Inspired by the technology behind super-strong kite-surfing wings, French company Exod has developed the Air Station POD-01, a portable, inflatable housing solution. The capsule inflates in five minutes and has enough room for up to four people.While tents have gotten quicker to put up over the...
Amazon at 30 : All Grown Up
[Business]
2024/07/12 09:05
30 years ago, on July 5, 1994, Jeff Bezos founded a company called Cadabra, Inc. While that may not ring a bell with everyone, the company’s later name certainly will: Amazon.com. The story goes that Bezos quickly changed the name to Amazon after a lawyer had misheard the original name as “cadaver” – and the rest is history. On July 16, 1995, the unheard-of company from Seattle launched a w...
Like Most Americans, McDonald’s has Given Up on Beyond Meat
[Investing]
2024/07/12 09:04
The McPlant is dead, long live the $5 deal.McDonald’s will likely be meat-free-free in America for the foreseeable future, after the company confirmed at a WSJ forum on Wednesday that the McPlant, a burger made in collaboration with Beyond Meat, failed when it was rolled out in hundreds of locations across California and Texas in 2022.That’s a sizable setback for Beyond, which, despite some s...
(Video) Revolutionary Three-Wheel Electric Trike is like a Car with Pedal-Powered Battery
[Product]
2024/07/12 09:03
The world of mobility is evolving rapidly. After electric cars and e-bikes, make way for Twike: an electric bike designed like a car and driven using joysticks, reminiscent of old arcade games. This is not fiction but a continuous endeavor by automaker TWIKE GmbH to create a human-powered hybrid vehicle aimed at providing a sustainable mode of transportation. The German manufacturer of battery-...
(PDF) Bain - China Shopper Report 2024, Vol. 1
[Consumer]
2024/07/11 09:10
China FMCG Settles into New Reality, with Moderate Growth and Continuous Price Pressures.This is the 13th consecutive year we have tracked the shopping behaviors of Chinese consumers. Our continuing research has given us a valuable, long-term view across 106 fast-moving consumer goods (FMCG) categories purchased for home consumption in China.1 As in each of the past 12 years, we analyzed the 26...
This Gadget Turns Any Watch into a Smartwatch - The Ganance Heir
[Product]
2024/07/11 09:09
Smartwatches are great for tracking your steps, logging your workouts and reminding you how poorly you slept the prior night.But they're not so great at pairing with a nice suit, or showing your off personal style.The Ganance Heir wants to change that. It's a new smart disc that attaches to your favorite watch, imbuing it with the power of a smartwatch without changing the handsome aesthetics o...
Sequoia Captial - AI’s $600B Question
[Investing]
2024/07/11 09:08
The AI bubble is reaching a tipping point. Navigating what comes next will be essential.In September 2023, I published AI’s $200B Question. The goal of the piece was to ask the question: “Where is all the revenue?” At that time, I noticed a big gap between the revenue expectations implied by the AI infrastructure build-out, and actual revenue growth in the AI ecosystem, which is also a proxy...
