Posts

Showing posts with the label drive

Data-driven iteration helped China’s Genki Forest become a $6B beverage giant in 5 years.

Image
Many Extra Crunch readers will not have heard of China’s fastest-growing bottled beverage company: Genki Forest is a direct-to-consumer startup that started selling its sodas, milk teas and other products just five years ago. Today, its products are available in 40 countries and the company hopes to earn $1.2 billion in 2021. After closing its latest funding round, Genki Forest is valued at $6 billion. Industry watchers frequently compare the upstart to giants like PepsiCo and Coca-Cola, but founder Binsen Tang comes from a tech background, having funded ELEX Technology, a social gaming company that found success internationally. “China doesn’t need any more good platforms,” Tang told his team in 2015, “but it does need good products.” Leveraging China’s robust distribution network, lighting-fast manufacturing capabilities and a vast pool of data that enables holistic digitization, Genki Forest sells more than 30% of its products online. “Everything feels right about th...

"We need to wait": WHO urges caution against mix-and-match vaccines | New

Image
s The World Health Organization (WHO) is now advising against mixing two different vaccines. Chief Scientist Dr. Soumya Swaminathan said decisions to allow potential mixing of vaccines are being driven by a lack of data. “It’s a little bit of a dangerous trend where people are in a data-free, evidence-free zone.” She went on to say that there’s a possibility that it will turn out to be a good approach, but because of the lack of data and science behind it, it’s too soon to say for certain. “There are studies going on; we need to wait for that.” The National Advisory Committee on Immunization, which certain Canadian health jurisdictions rely on for guidance in regards their vaccine strategies, has approved mix-and-match vaccinations in certain conditions. Dr. Swaminathan also reiterated her point on Twitter after the briefing. Another topic that was discussed was COVID-19 vaccine digital certification. This would be another way for health officials to track vaccinations. ...