For example last week I gave ten points to our colleague Nadine, because I think she’s driving some projects excellently. At the beginning of the month, you get 100 points and if you don’t use them they’ll be gone by the end of the month at which point you get topped up with new points. So every month you can give 100 points to team members. It’s... See more
Serendipitous discovery has also been a mainstay of why people use Facebook. While people frequently open our app to connect with friends, family and communities, they also often open our app without an explicit intention. This use case and the motivation behind it was eloquently captured in our 2018/2019 research around “socially powered... See more
In other words, centralization is a second order effect of decentralization: when all constraints on content are removed, more power than ever accrues to the entity that is the preferred choice for navigating that content; moreover, that power compounds on itself in a virtuous feedback loop.
Competitors’ interfaces were search-driven, required heavy investment in SEO, and often centered on multiple product displays. PDD’s feed-based interface placed more exposure on single products. This gave it full control over distribution to influence consumer purchase decisions in ways most favorable to PDD and its suppliers’.
The constant changes in 1-2-3 speaks to how the entertainment industry is changing beyond “D2C SVOD”. The two clearest trends are video gaming/interactivity and multi-media/trans-media/cross-media storytelling. Taken together, this will fundamentally alter competitive dynamics, which stories we love, and how much.