Home 2020 September 25 (Friday)

Day: <span>25 September 2020</span>

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Nike reported an 82% Increase in online sales

Nike reported an 82% Increase in online sales

Nike’s CEO said that online sales were the “new normal,” after the brand’s digital sales skyrocketed 82% over the last quarter. Online sales more than doubled in Europe, the Middle East, and Africa, the company said on Tuesday. Sales recovered to pre-pandemic levels in those regions, its financial statements show. “We know digital is the new...

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TikTok’s parent company ByteDance asked China for permission to export the platform’s technology

TikTok’s parent company ByteDance asked China for permission to export the platform’s technology

TikTok’s parent company ByteDance has sought permission from the Chinese government to export technology, Bloomberg reported Wednesday. ByteDance filed a request with the Beijing Municipal Commerce Bureau asking for approval to export its technology under restrictions recently implemented by the Chinese government, according to Bloomberg. ByteDance, TikTok, and the Commerce Bureau did not respond to requests for...

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Selling a Startup can Come with an Emotional Cost  by Ron Miller

Selling a Startup can Come with an Emotional Cost by Ron Miller

What’s it like to walk away after pouring your heart and soul into building something? Every founder dreams of building a substantial company. For those who make it through the myriad challenges, it typically results in an exit. If it’s through an acquisition, that can mean cashing in your equity, paying back investors and rewarding long-time...

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Marketers can Learn a Lot from ‘Jerusalema’  phenomenon says Siya Metane

Marketers can Learn a Lot from ‘Jerusalema’ phenomenon says Siya Metane

Imagine how Master KG felt when President Ramaphosa recommended that South Africa take up the “Jerusalema” challenge on Heritage Day. Perhaps it felt better than the day the song hit 100 million views on YouTube. Or better than the day Nigeria’s biggest music star, Burna Boy, remixed the song, propelling it right across Africa and...

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