When you apply it to the auto industry, you could get a serious disruptor of our views of car ownership.
This is a tech revenue growth potential play, which means the company is still on the ground floor at the crossroads of multiple megatrends: EVs, subscriptions, eco-friendly high-tech solutions.
They can’t afford to own, or have all the expensive responsibilities that come along with ownership.
Steer means no more car dealership haggling; no more insurance; no more financing; no more mileage limits; no more long-term commitment to something that you want to trade-in in a year, or earlier.
And thanks to its noteworthy acquisitions of Time Warner, HBO and Turner Broadcasting, AT&T has one of the biggest footprints in the streaming industry…with the potential to grow even larger.
And while it does not approach the industry in the same way that Disney or Netflix has, the telecom giant is still likely to emerge as a winner.
CEO John Starkey noted in a press release, “Our number one priority in 2021 is growing our customer relationships.
Lyft Inc is also rolling out a new subscription platform.
The company is already working closely with its partners and policymakers to make electric vehicles more accessible to its drivers, but the best is yet to come.
Netflix gained 37 million new subscribers in 2020, easily besting its previous record gain of 28.6 million new subscribers in 2018, to finish the year with 203.67 million paid subscribers worldwide.
Before the pandemic, churn was about 20% but jumped to 37% from October 2020 to February 2021 with majority of new subscribers cancelling their new services once the free trial period ends .
And the numbers do look good: Goldman originally estimated that Disney+ will have over 150 million customers by the end of 2025, and its analysts think they are being “conservative” with this figure.
Not only does it allow users to access a variety of content, it includes a members-only delivery bonus that will add next day, and in some cases, same day deliveries for free.
From sustainable packaging and ethical and responsible sourcing, Amazon is going above and beyond to make sure it is setting a positive example for the entire market.
In a statement on its website Amazon noted, “We believe supply chain transparency is crucial to our approach to human rights due diligence and ensuring worker protections.
Zoom’s technology has revolutionized workplace communication, it provides videotelephony and online chat services through a cloud-based peer-to-peer software platform and is used for teleconferencing, telecommuting, distance education, and social relations.
And with a number of companies opting to give more workers the freedom to remain out of the office, it’s not likely to go away anytime soon.
Nio Tesla’s largest competitor in China, has also started to offer a batteries-as-a-service concept, in which car buyers can ‘lease’ the battery of their vehicle and save as much as $10,000 on the price of a new vehicle, while also offering buyers the option to swap batteries after a few years of use.
The vehicles, meant to compete with Tesla’s Model 3, could be just what the company needs to pull back control of its local market from Elon Musk’s electric vehicle giant.
Providing loan management, the ability to track spending, stress-free mortgages, and even credit score tracking, Mogo is at the forefront of an online movement to assist users with their financial needs.
Mogo’s software analyzes borrowers instantly and greatly reduces the traditionally cumbersome underwriting process for loans.
The company’s content and technology can be delivered as a fully integrated service across a single, modern customer platform or can be offered as standalone verticals.
That’s why they’ve secured partnerships with companies including Time Warner Cable, ESPN, Sony Pictures, AXS TV, Intel, AXN, Fiat, CBS, Cineplex, and others.
It owns a ton of infrastructure throughout Canada and its cloud services and open-source projects look to address some of the biggest issues that its customers might face before the customers even face them.
While sales have slumped this year due to the COVID-19 pandemic, AutoCanada will likely see a rebound as both buying power and the demand for electric vehicles increases.
Risks that could change or prevent these statements from coming to fruition include that riders are not as attracted to EV rides as expected; that competitors may offer better or cheaper alternatives to the Facedrive businesses; changing governmental laws and policies; the company’s ability to obtain and retain necessary licensing in each geographical area in which it operates; the success of the company’s expansion activities and whether markets justify additional expansion; the ability of the company to attract drivers who have electric vehicles and hybrid cars; and that the products co-branded by Facedrive may not be as merchantable as expected.
This communication is not a recommendation to buy or sell securities.
Frequently companies profiled in our alerts experience a large increase in volume and share price during the course of investor awareness marketing, which often end as soon as the investor awareness marketing ceases.
This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities.