Lynk’s Weekly Round Up

Blockchain meets New Media.

Blockchain could be the platform that allows independent filmmakers to finance and distribute their projects away from the influence of big media companies. This new route may allow effective flexible financing of projects while maintaining transparent ownership records and distribution, to channels that embrace blockchain.

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An inside look at how Grubhub operates and analyzes your order.

Through analyzing three overlapping datasets, Grubhub has become the biggest food delivery company across America, with 14.5 million active users ordering from 80,000 restaurants. Grubhub uses data to accurately predict what food you are most likely to order, and where the best restaurants are for this food.

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The future of Chinese retail lies with Alibaba and Tencent.

Thanks to Alibaba’s ownership of Alipay, and Tencent’s ownership of WeChat Pay these two tech giants have access to huge amounts of customer data (notably their buying habits). This combined with their seemingly bottomless financial resources means that it will be harder and harder for smaller retailers to keep up.

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Gap uses productivity hacks to increase their profits by US$2.9 million.

By combining flexibility and structure in employees schedules, Gap has seen a 7% uptick in sales due to a massive improvement in service from associates. While still in somewhat of a small scale testing phase, expect Gap to start rolling out this new initiative to stores across America.

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Mobike has been bought by Meituan – Dianping.

In a deal rumored to be worth US$2.7 billion, the popular bike sharing service Mobike has been bought by Meituan – Dianping. Known for pioneering the bike sharing industry, Mobike claims to have over 30 million rides a day, and now has access to over 320 million active Meituan Dianping customers. This purchase adds to the growing rumors of an IPO for Meituan.  

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