Over the past two years, retailers, brand owners, and basically most of consumer businesses have set their sights on ecommerce and digitalization. Adidas at 2020 Q2 reported “exceptional growth in online sales” during the quarter seeing sales through its own ecommerce channel jump 93 per cent. Nike put all effort on its own brand website … Continue reading Retail industry changes faster than you think – the “new norm” is happening
Through advanced internet and data analysis technology, InsurTech startups are ready to disrupt the insurance industry. Other than online brokers, these new ventures have unique structures and approaches to disrupt the legacy industry, making it more transparent, personalized, and customer-driven with different business models. However, as insurance is a capital intensive and highly regulated industry, … Continue reading How InsurTech is different in financial model?
Entrepreneurship is almost an overheated word nowadays. At many thriving cities, like Silicon Valley, New York, London, Berlin, Singapore, or Beijing, you could see many sharing events and hear people talk about their venture ideas at café. However, it’s not easy to make an idea become a sustainable business. There are plenty of expected and … Continue reading Entrepreneurship is exciting but painful, without any shortcut
As the digital transformation wave sweeps across different industries, the antiquated finance and insurance industries have started to evolve. For the past three years, the development of internet, data science, and artificial intelligence has ignited the engine of fintech. And many entrepreneurs and startups are now ready to disrupt the $5 trillion insurance industry and … Continue reading Insurtech is about to take off!? But who are they?