Pinduoduo: WeChat group-buying to a $240B IPO in three years — then Temu
From 2015 WeChat group-buying to a 2018 $240B Nasdaq IPO, billion-subsidies for brands (2019) and Temu (2022): revenue ¥394B by 2024.
Read the casePivots, reinventions and changes that made a meaningful difference.
The full archive, in the appFrom 2015 WeChat group-buying to a 2018 $240B Nasdaq IPO, billion-subsidies for brands (2019) and Temu (2022): revenue ¥394B by 2024.
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Read the caseAfter 11 days in jail over a satirical video, Kano creators Nazifi and Mubarak dropped political and religious topics and began cooperating with Hisbah.
Read the caseGuanshengyuan lent its 60-year-old White Rabbit candy to perfume, lip balm and milk tea collabs — and four-hour queues made the old brand young again.
Read the caseOTB hired John Galliano — exiled since his 2011 Dior firing — to lead Maison Margiela in 2014; in five years the cult label's revenues doubled to €200 million.
Read the caseNintendo relaunched its 1985 NES as a mini-console with 30 games on Nov 11, 2016; it sold out, shipped 2.3M units by April 2017, and spawned the SNES Classic.
Read the caseAfter a disastrous 2021 IPO, Deliveroo CEO Will Shu quit loss-making markets and cut costs, delivering the company's first annual profit in 2024.
Read the caseLisa Su cut AMD down to a high-performance CPU and GPU bet; Ryzen brought a 26% revenue jump and its first real profit in years.
Read the caseMemory chip prices crashed after the dot-com bust and Micron posted back-to-back losses. It bought a rival's DRAM plant and kept investing in newer chips.
Read the caseIn a 2.5-million-person market served by some 20 lenders, Qatar's Islamic banks consolidated: a QAR 8.2bn share swap created a US$47bn-asset challenger
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