What's the 21s. Century Busines?

by Olayinka Oyelami About Me

Amazon had generated revenue of 87,4 Billion Dollars in 2019 and Alibaba has a revenue of 57.6 Billion Dollars in 2019 and both of them does not have Inventory of their own.

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Google generated a revenue of 162 Billion Dollars in 2019. According to Mr. Ruth the Cheif Financial Officer of Google. And Facebook Reported Revenue of 70.8 Billion Dollars in 2019. The surprise thing is that Google and Facebook omly brings businesses together through search engine and advertising to generates their revenue.

Amazon had generated revenue of 87,4 Billion Dollars in 2019 and Alibaba has a revenue of 57.6 Billion Dollars in 2019 and both of them does not have Inventory of their own.

Uber had Reported that its revenue in 2018 was 11.3 Billion Dollars. If you want to travel the first option which appears in your mind is Hire a Uber Taxi. You would be surprised to know that UBER doesn't own any Vehicle of its own...It only provides a digital platform both Drivers and Travelers.

Airbnb had reported 1 billion dollars in revenue in 2018. Wow What an experience Nice Living rooms Pools Maintains. Yet another Surprise it Doesn't have its Own Hotels/ villas/ Residences not Apartments.

Zomato Food Business is also run on the same Business Model. They don't own any Restaurants/Food Plazas rather they Deliver the Food to your Door Step.

21st Century business doesn't Have their Inventories. Businesses of the 21st Century Leverage on Thechnolgy to Generates Revenue. They Don't have their own Inventories But they are Giants who run the Economies of the World.

What are the businesses of the 21st Century?