Tesla made a radical decision to open-source its patents and encourage other companies to use its intellectual property. Tesla recognized that it couldn’t grow without partners that would build charging stations and offer services to create the infrastructure to support electric vehicles. By putting itself at the centre of a burgeoning ecosystem of partners, Tesla laid the groundwork for its own explosive growth.
India’s poultry industry has lost 13 billion rupees ($182 million) in three weeks after speculation on social media that chickens are a cause of the spread of coronavirus.
For Uber Eats, the late entry in the Indian market might be a disadvantageous factor, but its exit is more of a strategic failure. The market has accepted another late entrant in the online ordering space. Since the inception of its operations in 2014, Swiggy has made its way to a billion-dollar valuation in four years, forcing Zomato, started in 2008, to play as catch-up.