Vimeo is coming off a big year of changes in 2017. From abandoning SVOD, to launching Vimeo Live, 360-degree video, and its first camera. The company's CEO Anjali Sud explains how these changes are driving growth for the company.
"The biggest driver of our growth has really been a commitment to building the best tools, and technology for creators to tell their stories," says Sud. "It really comes from a commitment to understanding what our creator community is looking for."
Vimeo subscribers are up 14 percent, at 847,000 according to the latest earnings report. The company is the world's largest ad-free video platform, and Sud says its users span from 150 countries.
German carmaker Volkswagen said it plans to introduce 25 new electric vehicle models through 2030. As that roll out begins in earnest, Pablo Di Si, president and CEO of Volkswagen Group of America, provided Cheddar News with a breakdown of what consumers can expect from the line-up.