How Start-up Zola is Redefining the Wedding Experience
This time of year is filled with holiday shopping, family, and engagements! In fact, 45% of the couples who use Zola being planning their wedding between Thanksgiving and Valentine's Day. Zola, the wedding registry start-up, is looking to shake up the entire wedding experience.
Zola now has a tool to build your own wedding website, a unique registry, and more. Zola has now helped 500,000 couples, and has raised over $40 million from VC firms.
Shan-Lyn Ma, CEO and co-founder of Zola joins Cheddar to explain how they have built their business and brand. When asked what are the weirdest things couples have registered for, she said that many couples love the game, "Cards Against Humanity," and one couple once registered for a lifetime supply of avocados.
Earlier this week, crypto investors who got in on a 'Squid Game'-inspired coin were shocked when the asset turned out to be part of a scam. The people involved made off with close to $3 million after the Netflix-inspired coin's valuation went from $0.01 to $3,000 and back down to $0 within several days. CoinDesk Anchor Christine Lee joins Cheddar News' Closing Bell to discuss the pump-and-dump scheme, how investors can be on the lookout for similar scams, and what crypto platform Binance is doing to investigate the incident.
More American tech companies continue to pull their businesses out of China as the Communist Party cracks down on firms — both foreign and domestic. Yahoo and Fortnite have become the latest companies to withdraw from the country, and the withdrawals come just days after Microsoft announced it would take LinkedIn offline. Shehzad Qazi, managing director at China Beige Book International, joined Cheddar to provide some insight into how the crackdowns in China would also impact the tech companies at home in the United States.
