Inspired by the 100 Yen shops in Japan and similar retail concepts in Europe and the U.S., Chinese entrepreneur Ye Guofu and Japanese designer Miyake Junya founded the low-cost variety store chain MINISO in 2013. Over the last five years, MINISO has been the fastest-growing retailer in China, according to Euromonitor International. Now, the company has a global empire of 3,500 stores in 79 countries with total sales of $2.6 billion USD in 2018.
The US is also quarantining those who return from China for two weeks.
You’ll have to download an app that works on macOS, Windows and Android devices, including the Nvidia Shield TV. GeForce Now isn’t available from anywhere in the world, as you have to be near a data center to reduce latency. The company currently has nine data centers in the U.S., five in Europe, one in Korea and two in Japan.
“Migraine is an often disabling condition that affects an estimated 37 million people in the U.S.,” said Billy Dunn, M.D., acting director of the Office of Neuroscience in the FDA’s Center for Drug Evaluation and Research. “Ubrelvy represents an important new option for the acute treatment of migraine in adults, as it is the first drug in its class approved for this indication. The FDA is pleased to approve a novel treatment for patients suffering from migraine and will continue to work with stakeholders to promote the development of new safe and effective migraine therapies.”
“Migraine is an often disabling condition that affects an estimated 37 million people in the U.S.,” said Billy Dunn, M.D., acting director of the Office of Neuroscience in the FDA’s Center for Drug Evaluation and Research, in an FDA press announcement. “Ubrelvy represents an important new option for the acute treatment of migraine in adults, as it is the first drug in its class approved for this indication. The FDA is pleased to approve a novel treatment for patients suffering from migraine and will continue to work with stakeholders to promote the development of new safe and effective migraine therapies.”
Advertising remains the mainstay of the company’s revenue, totaling $885 million, up 12 percent year-over-year, with total ad engagements up 29 percent year-over-year and cost per engagement (CPE) down 13 percent year-over-year. Data licensing and other revenue totaled $123 million, up just 5 percent year-over-year. The US remains Twitter’s largest market in terms of revenue, if not audience: it generated $591 million, an increase of 17 percent year-over-year, but it accounts for just 31 million mDAUs.
It’s inherently stressful: you’re running out of capital, which is why you’re trying to get more of it. There’s also no clear roadmap to getting funding and almost every company goes through the process differently. I’ve talked a lot about what makes a successful early-stage pitch deck and what you can expect when you’re trying to close a funding round. But do those same best practices still apply when you’re fundraising outside of the United States?
Meanwhile the acquisition by Facebook, no matter what form it takes, looks like a good fit given the U.S. company’s investment in next generation platforms, including VR and AR. It is also another — perhaps, worrying — example of U.S. tech companies hoovering up U.K. machine learning and AI talent early.
The CFTC and its securities-focused counterpart, the Securities and Exchange Commission (SEC) have both been working to meet with fintech startups, including crypto projects, in efforts to clarify how the regulators are approaching the space and help startups better navigate the at-times confusing securities and commodities laws. Last year, the SEC's FinHub division conducted a roadshow across the U.S.
Precision medicine software firm LifeOmic has named Ed Simcox as its new chief strategy officer. Simcox joins LifeOmic from the US Department of Health and Human Services, where he served as chief technology officer and acting chief information officer. Prior to this, Simcox was director of US health care strategy, partnerships, and product development for AT&T. He also served as healthcare practice leader at Logicalis US, a global IT firm.
More than 1 in 5 Americans between the ages of 40 and 75 take a statin to prevent an initial heart attack or stroke, a 2017 study estimated. Still there are some people for whom statins don't work or Who can't take a high dose because they experience side effects such as stomach problems or muscle aches. Even with diet, exercise and statins, it's estimated nearly 15 million patients in the US cannot get to the recommended cholesterol levels, according to the company.
Startups building solutions such as invoicing and taxing services and payroll and payments solutions for small and medium businesses also received the nod of VCs. In the U.S. alone, where more than 140 startups are operating in the space, raised $4 billion. In many more markets, such startups are beginning to emerge. In India, for instance Open and NiYo are building neo-banks for small businesses and they both raised money last year.
Communities, companies and individuals experience the disruptions in different ways and at different times. In the US, as late as March 18—a full week after Italy’s crisis had become dire, days after six California counties had been given the order to shelter in place and the day after Ohio canceled its primary elections—some citizens could be heard complaining about the overreaction, others were still decrying the massive hoax being perpetrated, and others were simply wishing away the situation and attempting to maintain a normal schedule. In other words, while some were still in the first stage, others were entering (if not well into) the fourth stage.
Across the world, companies and governments are rapidly taking responsible measures to protect the health of their employees and citizens—including asking people to work remotely. More than 30 million office workers in the US, and up to 300 million globally, are expected to be working from home, according to US Bureau of Labor Statistics and Boston Consulting Group estimates. Accounting clerks, procurement officers, human resources staff, the C-suite, and other workers will be logging into company sites, attending online meetings, and accessing sensitive company data via the internet—in many cases through their home computers and private mobile phones.
Last year Jewell spent most of the year cracking the US; its first batch sold out in two weeks and the second delivery should be stateside next week, Jewell says. Building a relationship with online behemoth Amazon was the easy bit, but getting the tick of approval from regulatory agency the US Food and Drug Administration was not. The barcode had to be shifted to the other side of the label, for example. Everything had to be converted to ounces. The language used is US-English, not English – not major hurdles, but when everything Fix and Fogg does is done in-house rather than contracted out, it all adds up.