Guest Post There are a few hurdles to jump if you’re going to run a subscription-based company. Make sure you familiarize yourself with them first.
There is big money in fast fashion, and JustFab’s founders want to build the next generation of these brands. If the founders of H&M and Zara are billionaires, why not them?
The new umbrella company aims to be “the world’s largest fashion subscription e-commerce company.”
It has 33 million members around the world and is predicted to generate over $400 million sales in 2014.
Monthly beauty subscription service Glossybox announces shipping its 2 millionth box and receiving $72.4 million in investment.
Food startup Hello Fresh raises $10 million to take all the effort out of home cooking (although there is still some chopping and heating involved.)
OrderGroove raises $6.7 million to help brands turn their fickle customers into committed partners.
Hungry Globetrotter’s subscription boxes of ingredients highlight an international culinary destination each month.
So you thought that recurring revenue streams are the sole province of funky web 3.0 services companies? Think again. They’ve been in existence since just after Gutenberg and the printing press.
As of today, Google is allowing developers to build free trial periods into their subscription apps.
Social e-commerce site The Fancy now offers a monthly subscription service
Online natural grocery store Door to Door Organics has sowed $2 million in funding.
Rhapsody has just announced it’s buying Napster’s business in Europe.
In an attempt to further monetize its iOS gaming portfolio, Electronic Arts is releasing a freemium version of the popular real time strategy game Theme Park on iTunes.
Big Fish Games has become the first publisher permitted to offer a subscription gaming service on the Apple iPad, Bloomberg reports.
Netflix is planning to expand its online video service into two European countries in the first quarter of 2012, reports Variety.
Amazon today announced that it has acquired LoveFilm, Europe’s leading movie subscription service, for an undisclosed sum, but a figure of around $200 million is being bandied around. Amazon already owned 42 percent of Lovefilm. The LoveFilm service and website will remain live, but no other details of Amazon’s plans for the service have been released.
Zuora, provider of a business-to-business online service for managing subscriptions and billing, announced today it has raised $20 million in its third round of funding to further CEO Tien Tzuo’s vision of what he calls the “subscription economy.”