In 1975, Jollibee, a famous fast-food company worldwide, was founded in the Philippines. Tony Tan Caktiong, the company’s creator, first opened an ice cream shop, which eventually inspired the creation of the Jollibee brand. Since then, Jollibee has expanded to over 1,400 locations throughout numerous nations, making it one of the world’s most well-known and […]
The Red Bull mission statement is “giving wings to people and ideas.” And the Red Bull vision statement is “upholding Red Bull standards while maintaining the leadership position in the energy drinks category when delivering superior customer service in a highly efficient and profitable manner.” Since its establishment in Austria in 1987, Red Bull has […]
The Toms Shoes Business model is one-for-one. The one-for-one business model means the company donates one pair of shoes to someone in need for every pair of shoes it sells. This unique business model was invented by Blake Mycoskie, the founder of the company, after he saw some children in Argentina who had no shoes. […]
The Expedia business model makes money by charging a commission on travel bookings made through its platform. The online travel company offers a wide range of travel products and services, including flights, hotels, car rentals, vacation packages, and activities. The company’s success can be attributed to its innovative approach to the travel industry. Expedia has […]
The Skillshare business model works by offering a convenient and cheap platform for people to learn new skills and boost their personal and professional growth. Skillshare, an online learning platform founded in 2010 by Michael Karnjanaprakorn and Malcolm Ong, has amassed over 8 million registered users and more than 30,000 classes since its launch. The […]
From being a single discount store in 1962, Walmart has evolved into one of the largest retail corporations worldwide. Operating under 55 different names and with 11,300 stores across 27 countries, it provides an array of products like electronics, furniture, home appliances, drugs, construction materials, clothes, grocery items, and more, allowing it to remain at […]
