McDonald’s is owned by different shareholders, as it’s a publicly traded company. According to CNN Business reports, most of this company’s owners are institutional investors, who make up 70.14% of the outstanding shares. Individual owners only make up about 0.31%. Today, McDonald’s remains one of the world’s most recognizable fast food chains. According to one […]
Who owns Venmo? Acquired in 2013, PayPal has owned Venmo ever since. The company was launched in 2009 by two friends, Andrew Kortina and Iqram Magdon-Ismail; however, Venmo’s ownership has shifted ever since, at least twice, to two different companies, lastly being acquired by PayPal LLC. Like Google Pay and Cash app, Venmo is an […]
Very few sectors advance at the pace of the tech and entertainment industry. Therefore, it’s unsurprising that the intersection of both fields has led to the rise of one of the most rapidly growing business models ever seen: over-the-top media services (or online streaming platforms, as most people call them). One of the industry leaders […]
The Pinterest Business Model has managed to dominate almost all other social networking platforms that generate revenue from ads. It’s so dominant to the point that almost all internet users now view Pinterest as the home of ideas. And indeed, Pinterest contains lots of ideas ranging from home improvement ideas to recipe ideas. As of […]
Is Netflix Profitable? Yes, Netflix is profitable. It first became profitable in 2003 and has grown steadily since then, reaching a profit of $4.49 billion in 2022, a 12.2% decline from its record profit of $5.11 billion in 2021. Founded in August 1997 by Reed Hastings and Marc Randolph, Netflix is an American streaming service […]
The GameStop Business Model focuses on selling games and entertainment products in multiple eCommerce stores across the United States of America and other countries such as Australia and Canada. The company’s history started in 1984 in Dallas, Texas, USA. Today, it has grown to become a global brand. The company’s goal reflects its marketing strategy: […]
