Posts tagged with "Growth"

POLESTAR CONTINUES TO GROW

Polestar, the Swedish electric performance car brand, continues to deliver on its growth promise as it progresses towards a planned listing on the Nasdaq through a proposed business combination with Gores Guggenheim, Inc. (Nasdaq: GGPI, GGPIW, and GGPIU), expected to close at the end of June 2022.

Expansion into new markets and a growing retail footprint are both driving and supporting customer demand, while the development of new models is set to propel the brand further into high-margin premium SUV segments.

Polestar launched its 25th global market in the first half of 2022, a significant increase from 10 markets in 2020. Polestar has added six new markets since the start of 2022, including UAE, Kuwait, Hong Kong, Ireland, Spain and Portugal. The company also plans to launch in Israel and Italy in the second half of 2022, adding to its Middle East and European footprint. By the end of 2023, Polestar plans to be present in an aggregate of at least 30 markets globally, while continuing to evaluate new market opportunities for the future.

Thomas Ingenlath, CEO of Polestar, says: “Selling already in 25 countries across the globe, Polestar has a unique position in the pure play EV market. We are a real company, not one based on slideshow promises. More than 55,000 Polestar cars are on the roads globally today and we are launching a stunning portfolio of three new models in just three years. These gorgeous EVs are all in advanced development stages, and we have the ability to produce great quality cars with our experienced industrial partners.”

Product expansion also continues with the Polestar 3 electric performance SUV, scheduled for its world premiere in October 2022. Polestar 3 marks the company’s first product for the attractive, high-growth SUV market. This will be followed by the Polestar 4 electric SUV coupe, and the Polestar 5 electric 4-door GT.

Polestar 4 is expected to be launched in 2023 and enters one of the most competitive market segments in terms of demand, performance and design.

Polestar 5 is also in advanced stages of development and planned to be launched in 2024. A prototype will be shown in public for the first time at the 2022 Goodwood Festival of Speed from 23 to 26 June 2022.

Mike Whittington, Head of Global Sales at Polestar, adds: “It’s exciting for the whole team to experience this growing momentum in our business. Our order intake is at record levels and currently represents an annualized run-rate of over 75,000 vehicles, putting us in a strong position as the production landscape normalizes. In addition, with both Polestar 3 and Polestar 4 on the horizon, we are set to play a leading role in the electrification of lucrative and sizeable premium SUV segments. With a 2025 production capacity for these two EVs expected above 160,000 vehicles per year, we will have the ability to scale quickly and attract new customers to the brand.”

Polestar now has close to 130 retail locations open around the globe and expects to have 160 locations open by the end of 2022. More Polestar Spaces and Destinations are planned in existing and new markets, in cities including London, Madrid, Tel Aviv, Reykjavík, Vancouver, Austin, Shenzhen, and others.

Talia Goddess – Poster Girl

Leave a reply

As a pioneer of Brooklyn youth culture and a multifaceted creative, Tayahna Walcott, professionally known as Talia Goddess, releases her newest self-produced single Poster Girl on all streaming platforms off her forthcoming, debut EP.

Talia Goddess is a nineteen-year-old multi-hyphenate creative: singer-songwriter, rapper, producer, DJ, model, and community leader. Poster Girl is the third single off an EP of the same name to be released in Fall 2021. This track, like the EP, serves as a time-capsule of her teenage/high school years and experiences with love, identity, sexuality, loss, and growth. It is a reflective body of work on where she was mentally, emotionally, and spiritually the songs’ creation span from 2018 to 2020, and it’s also a reflection of her growth as an artist and my journey of finding her sound and avenue. Of the track, she says:

“Poster Girl has been long in the making, written and produced by me, and explores a theme of coming into an identity as a public figure or “Poster Girl” whose exterior is adored and idolized by many but in reality, is only the surface level to who I am.”

Talia Goddess merges her many talents as a self-taught singer-songwriter, rapper, music, producer, DJ, model, creative entrepreneur, and community leader to galvanize the next generation of creatives and push culture forward. Co-signed by the likes of A$AP Ferg, at the forefront of global campaigns with Converse, Tommy Hilfiger, MCM and editorials with Vogue, Refinery29, i-D, the queer vocalist-rapper hybrid seeks to leave her mark in a tangible form, impacting people through the words and rhythms that ultimately mirror how they feel inside, but can’t find the words to adequately express.

Determined to not be confined by the bounds of societal pressures, industry standards, and social conditioning, Talia has cultivated her own identity and seeks to bring various forms of art and expression under one umbrella in an unconventional way. An alchemist of words, an astute leader and cultural innovator, Talia Goddess is determined to help foster a safe and inclusive space for queer, black people such as herself and redefine and challenge the norms and expectations placed upon youth.

BoldData’s Sushi Restaurant Statistics

Leave a reply

Growth of Sushi Restaurants Comes to Halt

Tomorrow is International Sushi Day, a day in honor of the popular rice dish from Japan. The latest statistics from BoldData show that the number of sushi restaurants in America has nearly doubled in the last 10 years. However, the growth seems to have come to a halt.

Is Sushi Hype Over?

Craving Sushi? There are currently 18,944 sushi restaurants in The United States. An increase of 57% compared to 2011. In 2011, there were 11,939 sushi shops. 2017 was an especially good year for the Japanese snack, as there was an increase of 1,868 sushi shops (12%). 2018 seems to be a tipping point for the popularity of sushi–after this year, the growth of sushi restaurants slows down. In 2021, there has been a decrease of 311 sushi restaurants– a decrease in the US’ sushi restaurant growth for the first time.

First Sushi Shop in L.A.

In 1966, Kawafuku Restaurant, based in Little Tokyo in Los Angeles, was the first real sushi restaurant in the Unites States. By the late 1960s, the Japanese dish had become trendy, and new sushi restaurants were opening up all across the city. In the year 1970, the US hit 50 sushi shops. Nowadays, L.A. is still the sushi place to be, with a staggering 833 sushi shops. New York is also a good place to satisfy your sushi cravings with 467 restaurants–a growth of 72% compared to 2011.

Japan 1^st, US 2^nd

It’s not a surprise that Japan is home to the highest number of sushi restaurants: 42,897. USA comes in second with 18,944 sushi shops. Canada completes the top 3 with 2,529 sushi restaurants. Canada, UK and Germany are the only countries in which the number of sushi restaurants is still growing.

BoldData’s complete report can be read HERE. This report is based on BoldData’s worldwide restaurant database.

About BoldData:

We are data experts with a highly accurate database of 287+ million companies worldwide. With our data have helped 2.000+ companies with analytics, research and CRM. Our data is being used by renowned research companies such as Statista. As well by FMCG companies such as Heineken, P&G, Danone and UberEats.

Digital Health Revenues to Jump 34% by 2023

Leave a reply

Although the COVID-19 pandemic put enormous pressure on the global healthcare sector, one of the promising side effects has been the rapid growth of digital health services. During the crisis, hospitals were facing the most challenging public health threat they have ever experienced. However, digital health has stepped in providing innovative and effective solutions for chronic patients or those in need of immediate healthcare. As a result, the revenues of the entire sector jumped by 30% YoY, reaching $109bn in 2020.

According to data presented by Trading Platforms, digital health revenues are expected to hit $132.2bn in 2021. The entire industry is forecast to continue growing and reach a $177.5bn value by 2023, a 34% increase in two years.

Digital Fitness Revenues to Jump by 40% in Two Years, eHealth Segment Follows with a 27% Increase

The digital health market covers many technologies, including mobile health apps, connected wearable devices, and telemedicine. By tracking physical activities or identifying early signs of developing diseases, these technologies enable millions of people worldwide to monitor and record their health conditions more efficiently and in a user-friendly manner.

The surge in the use of the internet and smartphones and the shift towards a healthier lifestyle have been driving the impressive growth of the entire sector even before the pandemic. However, the COVID-19 has undoubtedly fueled the widespread use of digital health apps and solutions.

In 2019, the entire market generated $83.3bn in revenue, revealed the Statista data. After the pandemic struck, revenues jumped by $25.6bn in a year. The widespread use of digital health solutions is expected to continue this year, with the entire sector growing by 20% YoY. By 2023, global digital health revenues are forecast to increase by another $45.3bn.

As the largest segment of the market, digital fitness is expected to generate $76.3bn in revenue in 2021. By 2023, this figure is forecast to grow by nearly 40% to $106.2bn.

E-health services are set to witness a 27% growth in this period, with revenues rising from $55.8bn to $71.3bn.

China and the United States to Generate 50% of Total Revenues

The Statista survey also revealed the following years are set to witness substantial growth in the number of people using digital fitness apps and eHealth services.

In 2021, the unified market is expected to count close to 3 billion users, almost 40% more than before the pandemic struck. By 2023, this figure will jump over 3.5 billion and continue growing to 4 billion by 2025.

The number of people using digital fitness apps is expected to jump by 27% in the next two years, rising from 980 million to over 1.2 billion. The eHealth segment is forecast to witness a 17% growth in this period, with the number of users reaching 2.2 billion by 2023.

As the world`s largest digital health market, China is forecast to generate $38.5bn in revenue in 2021, up from $30.8bn last year. In the next two years, the Chinese market is expected to hit $52.7bn value.

With 261.6 million users and $26.3bn in revenue in 2021, the United States ranked as the second-largest market globally. By 2023, this figure is set to jump to $31.4bn.

India, Japan, and Germany follow with $6.2bn, $4.2bn, and $3.5bn in revenue in 2021, respectively. Statistics show that China and the US, as the two largest markets, are expected to generate nearly 50% of global digital health revenues this year. By 2023, their combined revenue share is expected to slip to 47%.

The full story can be read here.

POST-PANDEMIC BUSINESS DEVELOPMENT

Leave a reply

Rethinking Business Development for the Post-Pandemic Age

With America’s post-pandemic geography shifting, local governments must partner with entrepreneurs to stay competitive.

America’s rapidly shifting post-pandemic geography poised to make winners and losers of various superstar and mid-sized towns, the business development approaches of local leaders are stuck in the past. State and local governments spend $61 billion annually to foster economic development, but more than three-quarters of this money is spent on subsidies for large corporations that rarely deliver significant growth. A new Manhattan Institute report from Ian Hathaway and Rhett Morris, senior fellows at the Center for American Entrepreneurship, suggests that economic development would increase significantly if local decision makers would prioritize partnerships with entrepreneurs. The report, part of the Manhattan Institute’s urban policy series, offers four steps to achieving what they call entrepreneur-led economic development. Those steps include:

Identifying the successful entrepreneurial businesses in the region, the local strengths they represent, and the key leaders behind their growth.
Building networks around successful local entrepreneurs to connect them with founders of upcoming businesses with the potential to grow.
Partnering with entrepreneurial leaders to address the real needs of growing local businesses and their entrepreneurs.
Collecting data on growing entrepreneurial businesses to track results and share findings with the community.

Entrepreneurial success depends on local networks. No single type of organization has all the data necessary for identifying every growing entrepreneurial business in a city, but if policymakers, funders, and service providers work together to generate local growth and productivity, their collective resources can complement existing economic development programs and enhance some of the most valuable economic assets already growing in their communities.

Global Card Game Market

Leave a reply

Global Card Game Market to Hit $6.8B Value by 2025

Over the years, the global card game market has witnessed steady growth and acceptance among players, despite huge competition from digital entertainment sources. However, as millions of people started spending more time indoors amid the COVID-19 lockdowns, the entire sector surged in 2020, with revenues rising by 16% YoY to $5.6bn.

According to data presented by 123scommesse.it, after a slight drop in 2021, the global card game market is expected to continue growing and hit a $6.8bn value by 2025.

Revenues to Jump by 23% in Four Years

The main product in the card game market is a card deck that comes in many varieties. Besides standard decks, the segment includes individual decks for games like Uno, Tarot, or Lexicon and collectible and trading card games like Yu-Gi-Oh! and Magic: The Gathering.

Between 2012 and 2017, the revenues of the global card game market jumped by 50% to over $4.1bn, revealed the Statista Consumer Market Outlook. The steady growth continued in the following years, with revenues rising to $4.8bn in 2019, a 17% increase in two years.

However, as lockdowns forced people across the globe to spend more time indoors, revenues jumped by 16% YoY to $5.6bn in 2020, the most significant annual increase so far.

The Statista data indicate the global card game market is set to witness a slight contraction this year, with revenues slipping to just under $5.6bn. However, this figure is expected to jump by 23% in the next four years, with the entire market reaching over $6.8bn value.

China and US to Generate One Third of Total Card Game Revenues in 2021

Analyzed by geography, China represents the world’s largest card game market, expected to generate $1.2bn in revenue, a slight increase compared to last year. However, statistics show that the Chinese market grew by 18% since the pandemic stroke. By 2025, Chinese card game revenues are expected to jump to $1.5bn.

The Indian market, as the second largest globally, is forecast to hit $706 million in revenue in 2021, up from $694 million in 2020. In the next four years, this figure is set to reach almost $980 million.

The US card game market, as the third largest globally, is forecast to generate $623 million in revenue this year, down from $637 million a year ago. However, the US market is expected to continue rising in the following years and hit $682 million in value by 2025.

Read the full story here.

GKN Automotive Appoints New President

Leave a reply

GKN AUTOMOTIVE APPOINTS NEW PRESIDENT OF CHINA BUSINESS

GKN Automotive signals its ambitions for growth in China with new leader of China business
Asia Pacific and China automotive expert Shaoling (Charlie) Qiu announced as new President GKN Automotive China
GKN Automotive is the global leader in Automotive drive systems and the supplier of choice for 90% of global car manufacturers

GKN Automotive, the global leader in drive systems, has announced Shaoling (Charlie) Qiu as the new President GKN Automotive China, effective from 1 May.

Shaoling (Charlie) Qiu, who will be reporting directly to GKN Automotive CEO Liam Butterworth and based in Shanghai, is joining from Thyssenkrupp Automotive where he was CEO of its Asia Pacific region and in charge of its China business division. This follows an extensive career in the automotive industry including four years serving as President Dayco China.

Liam Butterworth, CEO GKN Automotive “China is a critically important market for us, and Charlie is joining GKN Automotive at the perfect time. He will be leading our ambitious strategy to continue growing our business in the world’s largest car market.

“Our advanced e-powertrain technologies make us perfectly placed to take advantage of China’s growing appetite for electrified vehicles. We are also intent on boosting our world-leading Driveline business, working with our joint-venture partner HASCO. Charlie has the experience and leadership to help us achieve those goals and I look forward to working closely with him.”

Shaoling (Charlie) Qiu “I am honored to be joining GKN Automotive, working with Liam and the rest of his leadership team. It is a world-leading business, with a tremendous history of innovation and an impeccable reputation with global car manufacturers. With GKN Automotive’s advanced technologies and unrivalled ability to collaborate with car makers, we have a terrific opportunity to rapidly expand in China. It will be an exciting challenge.”

Geniusu × Microschool

Leave a reply

GENIUSU LAUNCHES INVESTOR 5.0 MICROSCHOOL TO HELP INVESTORS

THRIVE IN THE DIGITAL DECADE

Genius Group, a Singapore-based public limited company, today announced the launch of GeniusU’s Investor 5.0 Microschool, taking place online from April 12 to May 7, 2021.

The Investor 5.0 Microschool is a four-week accelerator program that covers all four drivers of building Investor 5.0 strategies with personal guidance and mentoring to lead participants towards consistent cash flow and predictable growth.

Genius Group, the world’s No.1 entrepreneur education group, has packaged its top investment strategies, entrepreneur curriculum, and online faculty into a high impact, four-week microschool, that will set participants up to thrive in the digital decade.

Genius Group has generated 10x returns on its investments in the last year, seen its group valuation grow from $30 million to $300 million, and has also made acquisitions of over $80 million in the last year alone. This has all been driven by the investor 5.0 strategies it is sharing with students in this four-week microschool.

Five reasons to join the Investors 5.0 Microschool today:

Learn how to generate 10x increase in your investments using some of the top investor 5.0 strategies that set you up for success in the digital decade.
Learn how to start and manage your investments in global shares & currencies, property, cryptocurrencies, and commodities, together with how to put an Investor 5.0 Portfolio Plan together for 2021 & 2022.
Receive full access to all four modules and session recordings for continuous improvement even after the Investor 5.0 Microschool has completed.
Be connected to over 25,000 in the GeniusU community who are creating opportunities, connections and providing resources for each other as part of our trusted community.
Get in front of 1.7 million entrepreneurs on our GeniusU platform, with your own store and a suite of future proof products.

Whether you are just starting out, you are a passive investor with basic investment knowledge or an active established investor with an investment portfolio, we have the solutions to help you succeed in global shares & currencies, property, cryptocurrencies, and commodities and build an investor 5.0 portfolio.

Join us today to reset, restructure and launch your Investor 5.0 portfolio plan to navigate and strive in the digital decade.

It’s time to turn the great disruption into your greatest opportunity for growth.

To learn more about the Investors 5.0 Microschool, please visit the website.

About GeniusU

GeniusU is an Edtech platform providing over 1.7 million students across 200 countries with personalized learning paths and microdegrees on business building skills.

About Genius Group

Genius Group is a $300+ million group of companies and is the world’s #1 Entrepreneur Education Group. Genius Group was founded by futurist and social entrepreneur Roger James Hamilton. The Singapore-based public limited company also owns GeniusU, Entrepreneurs Institute and Entrepreneur Resorts Limited. Learn more here.

About Roger James Hamilton

Roger James Hamilton is a world-renowned futurist and social entrepreneur and is the founder and CEO of the Genius Group of companies. Roger is the New York Times bestselling author of The Millionaire Master Plan, a practical guide to understanding how your mind works to enable you to live your most successful life. He is also the creator of Wealth Dynamics, Talent Dynamics and Impact Dynamics, tools used by over 1.7 million entrepreneurs to follow their flow.

All of Roger’s companies empower the Entrepreneur Movement – collectively growing our ability to create and contribute wealth. Roger studied architecture at Cambridge University before launching his first business, Free Market Media, in Singapore during his 20s. He was the founding chairman of the renowned Green School, Bali, where his three children were educated. Roger currently lives in Europe but, when permitted, travels extensively between the UK, USA, Southeast Asia and Australia.

The Power of Forgiveness

Leave a reply

Why Michelle Obama’s Prayers for Forgiveness in the Royal Family Matter for Everyone

By: Lorena Junco Margain

Michelle Obama recently made news again, this time saying, in an interview with Access Hollywood, that she “prays that there is forgiveness” between Meghan Markle, Prince Harry and the Royal family.

As an advocate on a mission to promote forgiveness as a force for personal and universal change, I couldn’t agree more. In fact, Michelle Obama’s message of forgiveness is about far more than the Royals: the world at large should take it heart to heart. That’s because only forgiveness can truly heal people and relationships.

This is something I have experienced firsthand. Several years ago, just after my third child was born, I learned I had a tumor on my adrenal gland. Although not life threatening, the condition was serious and required surgery right away. Having long experienced unexplained symptoms of dizziness and lethargy that neither medications nor holistic or Ayurvedic treatments have helped, I was relieved by the news. It seemed there was finally a simple solution to helping me regain my joy and strength: surgery. I could hardly wait for it to take place.

But even surgeons can make mistakes, as I learned. After the procedure, I felt no better. In fact, my condition, including crushing fatigue, worsened. There were days when I could not get out of bed.

It took months of pain, anguish and continual medical appointments for me to discover that the surgeon had made a terrible, irreversible error. I now live with only one half of one adrenal gland, and must contend with a lifetime of medical issues.

My family’s immediate reaction was: let’s seek revenge. Let’s sue the surgeon for everything he’s worth. My friends agreed. But this thought brought me no comfort. On the contrary: the idea of devoting my precious energy to pursuing the negative force of revenge made me feel even more bitter and exhausted. I realized it would not mend my broken body or soul.

So I chose instead to embark on a quest for peace and healing—beginning by seeking space in my heart to forgive. I write about this in my memoir On the Way to Casa Lotus.

True forgiveness, I have learned, heals us. It brings us back to peace and joy. This is why I echo Michelle Obama’s prayer for forgiveness between the Duke and Duchess of Sussex and the Royal family.

But this is not just about individuals―it’s also about the world. Especially in these tense, divisive times the Royal family, Meghan and Harry are in a unique position to model forgiveness for all to emulate.

Here are some of the points about forgiveness that I encourage the Royal family, Meghan and Harry―and the world―to embrace:

● If we refuse to forgive, we do so at our own peril for there will be no real peace or healing.

● Forgiveness does not require us to make excuses for the person(s) who wronged us or to forget that wrong was done; it requires us to believe that they are still capable of good, that they still have value, that they have good intentions and the ability to learn and grow.

● It’s okay to be angry, even within forgiveness, for forgiveness makes room for both rage and redemption.

● Forgiveness must be sincere. Lip service will not mend or heal you.

● Forgiveness is an ongoing process. You don’t just decide to forgive and then turn the page. That decision is more accurately called “denial.”

I am on a mission to share my story so that the world can begin to recognize the power and the benefits of forgiveness. Imagine how much impact a Royal display of forgiveness might have.

Chaos Ignites Agility

Leave a reply

2020 exposed the collapse of standardization. We are rapidly moving away from an era defined by outdated standards that held people to conformity and limited their creativity—to today’s new era of personalization that honors one’s individual contributions and embraces fresh ideas and ideals,” said Glenn Llopis, president of GLLG, a leadership and business strategy consulting firm that authored a new report available today: CHAOS IGNITES AGILITY (download full report).

CHAOS IGNITES AGILITY captures the most intimate and disruptive insights from 46 executives across healthcare, corporate, and education. These leaders came together virtually for three days last October to share how they are working to restore individual dignity in how they serve patients, customers, employees, and students to thrive in a post-pandemic reality.

Themes emerged across the sectors, as doctors, professors, executives, deans, and presidents got real about how they have been adapting throughout the challenges and unpredictability of 2020. They collectively zeroed in on these major challenges and opportunities:

How to put patients, employees, and students at the center – to activate individual capacity.
How to lead through industry transformation when there’s so much uncertainty.
How to pursue and employ inclusion as a growth strategy going forward.

This riveting video tells the story.

Organizations represented in CHAOS IGNITES AGILITY include:

Healthcare:

CVS Health, Mount Sinai Health System, Anthem, Cancer Treatment Centers of America, Woman’s Hospital, Lenovo Health, Keck Medicine of USC, City of Hope Cancer Medical Center, and American Association of Critical-Care Nurses

Corporate:

Starbucks, Microsoft, Twitter, ViacomCBS, Mitsubishi Motors North America, Cost Plus World Market, Chico’s FAS, Inc., RBC Capital Markets, Farmers Insurance, H&R Block, Lyft, and Banfield Pet Hospital

Higher Education:

Clemson University, College of Business, Google, USC Marshall School of Business, Drake University, The Eagle Academy Foundation, Fairfield University, Lynchburg, College of Business, University of Washington, Bothell, University of South Florida, College of Business, California State University, Stanislaus, and Metropolitan Community College

Learn more at Age of Personalization.