One might assume that the world is awash in frugal buyers. Why wouldn’t it be? With most of the global economy struggling to recover from the COVID-19 crisis, one would expect households to be tightening their budgets.Indeed, in the major markets we have studied, in rich and poor nations alike, anywhere from 70% to 90% of consumers identify themselves as “value conscious.”But how thrifty are...

We've grown used to oat milk and soya milk — now a food-tech startup is taking alternative milk to the next level.California-based Perfect Day uses fungi to make dairy protein that is "molecularly identical" to the protein in cow's milk, says co-founder Ryan Pandya. That means it can be used to make dairy products such as cheese and yogurt."We were interested in the question of what is in milk...

Rapid Robotics, a startup providing out-of-the-box automation solutions for manufacturers, today announced it has raised $36.7 million in a series B round co-led by Kleiner Perkins and Tiger Global, with participation from NEA, Greycroft, Bee Partners, and 468 Capital. The round, which values Rapid at $192.5 million post-money, brings the company’s total funding to date to $54.2 million.Accord...

The tech giant is officially the biggest retailer outside of China, but Walmart is stepping up its own e-commerce efforts.Amazon is officially the world's biggest retailer outside of China. Data from FactSet reveals that more than $610bn was spent through Amazon in the 12-months that ended in June — overtaking US retail giant Walmart for the first time ever.Amazon may have only just overtaken...

A smartphone case that lets you focus on work at hand without being worried about missing any important notifications.Smartphones are like a second skin to us as they constantly keep beaming notifications (more than 100 in a day on average) that can adversely affect productivity and focus levels. It is like, we get sucked into using our phones even when we don’t intend to. More often than not...

Acknowledged as a pioneer of important design in the medical technology industry, BRO wheelchair by scewo ensures that people of restricted mobility meet their personal needs and independence. The award-winning project — honored with designboom’s THE DESIGN PRIZE 2018 — has since then been refigured and developed featuring an elevated self-balancing and stair climbing technology. the smartly...

Having weathered a pandemic, regulatory whiplash, and a host of other hurdles, shared mobility endures. Here’s where things stand today.more than 40 million e-hailing trips are being booked on the two biggest e-hailing platforms every day?the e-hailing market accounts for more than 90 percent of consumer spending in shared mobility globally?the number of e-hailing trips almost tripled in four...

You can always count on a McDonald’s to fix your hunger at every corner, but did you know its fries are also great for holding attention on the road?Neither did we, until advertising agency Nord DDB Oslo directed us to this campaign it produced for McDonald’s Norway with the country’s leading road safety organization.Visualizing road markings as an iconic menu item, McDonald’s coaxes driver...

QOA makes cocoa-free chocolate using “precision fermentation” of other ingredients.The chocolate industry has problems. Twenty years after promising to phase out the “worst forms” of child labor on cocoa plantations, chocolate brands still haven’t succeeded. In Ivory Coast, where a third of the world’s cocoa is grown, rainforests are plowed down for cocoa plantations; in the last 50 years...