Equatorial waited out Enel's Brazilian flop, then bought Celg-D for R$1.58bn
After losing the 2016 Celg-D auction, Brazil's loss-fixing distributor Equatorial bought the Goiás utility from Enel for less than the seller had paid.
阅读案例change.archiCASESTUDIES.CHAT 旗下档案
换一种做法，
看见新可能。
记录转型、重塑与改变，理解突破是如何发生的。
完整档案，尽在 App文章提供简体中文与英文版本。以下标题与正文保留原出版语言。
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2,000 已发布案例 · 定期更新Despegar survived COVID's travel wipeout, then sold itself to Prosus for $1.7 billion
Latin America's biggest online travel agency absorbed a 50% revenue collapse, rebuilt on cost discipline, and exited via a $1.7B all-cash Prosus takeover.
阅读案例BAT paid a 20% premium for Bentoel to buy its way into Indonesia's kretek market
Locked out of the world's fifth-largest cigarette market, BAT paid $494M for its No.4 player and merged its own small local unit into Bentoel.
阅读案例Zscaler made zero trust the network and crossed $2B revenue
Zscaler rejected perimeter appliances for a cloud security exchange; FY2024 revenue rose 34% to $2.17B.
阅读案例YouTube dropped video dating and opened itself to every clip
When nobody uploaded dating videos, YouTube abandoned 'Tune in, Hook up' and became a general video site Google bought for $1.65B.
阅读案例WPP's pre-COVID simplification made the ad giant resilient in 2020
WPP started a radical simplification in 2018; by COVID year 2020, cost savings and lower debt cushioned the shock.
阅读案例Workday linked finance and HR and turned GAAP profitable
Workday expanded from HCM into a finance-and-people platform; FY2024 revenue rose 17% and net income hit $1.38B.
阅读案例Wolt turned delivery discipline into a €7B local-commerce exit
Wolt used the delivery boom to prove an efficient city-by-city model, then sold to DoorDash while keeping its brand and leader.
阅读案例WhatsApp turned a status app into a 450M-user messaging network
Jan Koum started with address-book status updates, then made phone numbers the identity layer for simple mobile messaging.
阅读案例Warburtons' fifth generation refocused the bakery and became a UK staple
Jonathan, Ross and Brett Warburton exited distractions, nationalized the brand and kept investing beyond white bread.
阅读案例Volkswagen replaced the fading Beetle with the Golf and returned to profit
VW escaped its Beetle dependence by launching the front-drive Golf, then recovered from a 1974 loss to profit in 1976.
阅读案例Virgin Atlantic used a court plan to survive and regain record revenue
Virgin Atlantic's £1.2B 2020 recapitalisation preserved the airline; 2023 revenue reached a record £3.1B.
阅读案例Uni-President handed Alex Lo the chair and compounded Taiwan food retail
Founder Kao Ching-yuan gave his son-in-law Alex Lo the chair in 2013; revenue later rose to NT$581.1B in 2023.
阅读案例Twitch spun out Justin.tv's gaming category and became a $970M platform
Justin.tv followed its strongest category, spun gaming into Twitch in 2011, and sold to Amazon for about $970M three years later.
阅读案例Tupperware sold to lenders and kept core markets alive
Tupperware's 2024 Chapter 11 sale preserved the brand, core markets, and a digital-first reset under new owners.
阅读案例Trek handed the bike maker to John Burke, who refocused it on quality
Richard Burke's son took over in 1997, cleaned up focus and helped turn Trek into a global bike business.
阅读案例TreeHouse Foods answered JANA by selling meal prep and simplifying
JANA won two board seats in 2021; TreeHouse later sold much of meal prep for $950M and focused on snacks and beverages.
阅读案例Coca-Cola bought Topo Chico and scaled a Texas cult mineral water
Coca-Cola acquired Topo Chico's US rights in 2017, planning national expansion while preserving the 1895 brand's heritage.
阅读案例TomTom sold Telematics and rebuilt around location technology
TomTom sold Telematics for EUR910M in 2019, returned EUR750M, and by 2023 had EUR491M in Location Technology revenue.
阅读案例Toast made restaurant software profitable after handing a founder the CEO seat
Toast put co-founder Aman Narang in charge in 2024 and reached its first GAAP profitable year.
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