Instant commerce
And India's remarkable growth story
India’s stock market is booming, JOKR is becoming one of the world’s fastest growing instant commerce companies and Facebook seems unshaken by its latest scandal.
India joins the leaderboard
From The Mesha Tribe
India is becoming the world’s 5th biggest stock market by 2024.
Their stock market capitalization has shot up by 37% YoY.
Over the next 3 years, 150 private firms are expected to go public.
Behind the growth: A boom in its digital economy & record-low interest rates.
Is Facebook unstoppable?
From Big Technology, by Alex Kantrowitz
Frances Haugen’s testimony was just another blip on Facebook’s hot-cold scandal cycle, with advertisers still hooked on the platforms targeting and scale, but some problems remain:
More users opting out of Facebook’s web tracking - bad news for advertisers.
Facebook still has a brand problem and in turn a hiring problem.
The EU seems ready to press for regulation .
JOKR’s personalized instant delivery
From Turner Novak’s Blog
Grocery retail is around ~10% of global GDP, yet only ~3% of it is online.
JOKR launched in April 2021 as a global platform for instant grocery and retail delivery at a hyper local scale.
What’s different: micro-fulfillment centers, <30 minutes delivery time, end-to-end customer experience.
300x300 meter city segmenting and unique data science is helping JOKR predict very specific individual customer needs.
For consumers: Better personalization, shorter delivery time & lower prices.
Tribal network effects
From Exponential View, by Azeem Azhar
Tech has made network effects more widespread as products or services become more valuable the more people use them.
Tribal network effects are gaining strength with the help of crypto tokens.
Crypto fan tokens connects brands with followers. The more fans you have, the more valuable the coin is.
NASCAR winners within a year
From Huddle Up, by Joseph Pompliano
Michael Jordan’s latest multi-million dollar bet is on the racetracks.
Shortcut: Jordan’s 23XI Racing Team teamed up with Toyota and Joe Gibbs Racing to gain an edge on equipment, cars, services and technical info.
Jordan’s racer, Bubba Wallace, just won the first NASCAR Cup Series within the team's first year of existence.
Extra Reading
Everything on the NFT ecosystem (Cryptechie, Nakul Gupta)
The transparency revolution (The World Same Humans, David Mattin)
Disney’s storytelling principles (The Curiosity Chronicle, Sahil Bloom)
Hiring you right marketer at your startup (First Round Review)
60 ideas to boost growth with Ali Abouelatta (Lenny’s Newsletter)
A look into deficit worries (Noahpinion, Noah Smith)