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- NFR #36 - Inflation, Food Waste, Stoics & Chris Hemsworth
NFR #36 - Inflation, Food Waste, Stoics & Chris Hemsworth
Inflation, Food Waste, Stoics & Chris Hemsworth
🐦 Inspirational Tweet 🐦
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🤖 eCommerce News:
“Behind the scenes, Getir has built dense networks of micro-fulfillment centers in dozens of urban areas. Those dark stores are operated by Getir and the company also controls and owns the inventory of products. The company has managed to attract 40 million app downloads across nine countries. Overall, Getir manages 1,100 dark stores. That’s why these instant delivery startups have been raising mega-rounds of funding — it’s a capital-intensive industry.”
“Camp Nou, one of the most iconic soccer stadiums in the world, is being rebranded as Spotify Camp Nou as part of a sponsorship agreement with Spanish soccer club FC Barcelona that gives Spotify naming rights to the stadium. Spotify’s name will also appear on the jerseys of both the men’s and women’s teams for the next four seasons starting in the 2022/23 season.”
“Yuga Labs is increasingly doubling down on its position. Earlier this month, the startup announced it had acquired the assets of popular NFT projects CryptoPunks and Meebits from Larva Labs. The startup is also fresh off the launch of ApeCoin, which the startup’s founders and executives have a substantial stake in. The token gathered a multibillion dollar market cap on its first day of trading. The startup is soon looking to build this momentum into its own version of the metaverse called “Otherside,” which will also integrate avatars from a number of other NFT projects.”
“Amazon has closed its $8.5 billion acquisition of MGM, the company announced on Thursday. The completion of the transaction will see more than 4,000 films and 17,000 TV shows become a part of Prime Video, the online retailer’s streaming service. The list includes the “James Bond” and “Rocky” series and classics ranging from “Fargo” to “Robocop” to “Silence of the Lambs.” The new titles will give Prime Video a leg up against rivals like Netflix, Hulu and HBO Max.”
“Alibaba raised its share buyback programme to $25 billion on Tuesday, the largest ever repurchase plan by the e-commerce giant, to prop up its battered shares as it fights off regulatory scrutiny and concerns about slowing growth. Alibaba shares , which have more than halved in the past year, surged on the news and closed up 11%. Its U.S. listed stock (9988.HK) rose 9% in premarket trading. The plan comes amid a tech stock rally in the past few days after Chinese Vice Premier Liu He said that Beijing will roll out more measures to boost the economy as well as favourable policy steps for capital markets.”
“Prices rose by 6.2% in the 12 months to February - the fastest for 30 years - as fuel, energy and food costs surged. Chancellor Rishi Sunak faces growing calls to offer more support as household budgets are squeezed. Prices are rising faster than wages and the Bank of England thinks it could hit double digits this year.”
“Our mission is to empower brands to move from analog to algorithms. Winners in this new era of commerce will be determined by how fast they can reinvent their business from siloed and manual to fully connected and automated. And our customers are winning big, with an average revenue growth of 18%, driven by real-time optimizations that boost share-of-voice (SOV), minimize out-of-stock (OOS), and prevent revenue leakage,” said Guru Hariharan, CEO of CommerceIQ.”
“There is a growing performance chasm between digital leaders who have invested heavily to build their own customer-centric commerce experience infrastructure, and companies still relying on legacy content management and ecommerce systems,” Amplience founder and CEO James Brooke said in a media advisory. “Amplience helps its customers to bridge this gap and accelerate their implementation of a modern commerce experience, through using best-of-breed MACH and composable capabilities without sacrificing either business usability or developer productivity.”
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🎶 Tik Tok Ad Of The Week
Centr Fit by Chris Hemsworth
Why was it good?
Great opening hook…
“Two years ago I set out to diet & train like Chris Hemsworth using his new app”
Cuts to scene of him training with Chris Hemsworth 👏
Then provides a short, sharp story from zero to hero.
“Over lockdown I let myself go…”
Short training breakdown, then goes straight into
“I am the strongest I have been in my entire life 🏋️…”
Made me click into the app & check it out straight away.
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📈 Trends Of The Week:
The Time Is Ripe for Food Waste Solutions
Source: Pitchbook
“The Signal: The food-tech sector raised $39B in VC in 2021, more than double what was raised the previous year. Among the firms attracting funding are several startups tackling food waste, from an online store peddling misshapen veggies to an AI digital labeling system that drops the price of produce as it ages. Other VC winners include:
Apeel ($640m) — a plant-based protective “peel” that keeps produce fresh for longer
Shelf Engine ($58m) — uses AI to predict demand for perishable groceries
Too Good to Go ($45m) — an app that lets users buy unsold food from cafes and shops at a discount
The road to the trash is paved with good intentions but it’s easy to forget about a veg drawer full of healthy choices when there are delivery apps catering to our every whim.”
AI Patent Growth Explodes
“The latest edition of Stanford University’s AI Index was published. A number of exponential trends are visible.
AI patents filings are growing at 76% per year. (All the charts below are sourced from the Stanford University AI index.)”
“Technical progress on various lab benchmarks continues to improve, but it is best seen in longitudinal data. For example, in facial recognition, the best algorithms have a close to 100% accuracy rate on the most challenging data sets. In some areas, like question answering, state of the art models exceed human performance (again, in lab tests.)”
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✍️ Poem of the week
Nothing Gold Can Stay
Nature’s first green is gold,
Her hardest hue to hold.
Her early leaf’s a flower;
But only so an hour.
Then leaf subsides to leaf.
So Eden sank to grief,
So dawn goes down to day.
Nothing gold can stay.
by Robert Frost
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⛓ Podcast of the week:
