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May M. Primdal

Hello I’m May Primdal recently I started and work with quillings paper and DIY craft.

Softbank’s Deal on OYO & Flipkart in India Grew Profitable

Softbank

Softbank, one of the most powerful industrial revolutions, works basically as the distributor of computer software since the year of 1981 as the name itself implies a bank of software. Founded by Masayoshi Son, Softbank Group Corporation is a Japanese multinational conglomerate that is also a leading brand over the global market.

This Japanese corporation holds their operations in multiple businesses including e-commerce, internet, technology and transportation services, automobile science, media and marketing, finance, telecommunications and so on. Besides it tied various partnerships in Japanese subsidiaries of many foreign companies.

In India too, Softbank undertook several fields of marketing business. Though in recent past, Softbank witnessed some major loss on two of its Indian start-ups, Ola and Snapdeal. In spite of the failure the company invested nearly $10 Bn in the country of India. And one of the big tech bets of Softbank with higher profitable result paid off with Uber technologies. In India, the investments behind Uber transportation received a contented gain and led the industry to grow further.

According to the reports, the vision fund’s worth in Uber grew $3.8 billion in value. Not only the transportation start-up but OYO, the Indian hospitality services company also served to set a new dimension for the rising profit of the Japanese conglomerate. The year-on-year growth of income nearly increased 80% for FY 2019 with the combined gain of these Indian start-ups.

OYO and its gains from Indian market: –

OYO, the recent launch of Indian tech brand, came to provide a newer and easier way to book the perfect accommodation in hotels, guest houses, resorts with quality services and good living spaces to serve the guests a wonderful experience while attending holidays in some unknown regions.

With the love of inhibition free travellers, OYO is reaching towards one of the highest ranked travel guide e-brands with its substantiated reputation of becoming South Asia’s largest, China’s second largest and the world’ sixth largest and fastest growing chain of leased and franchised hotels, homes and resorts. From popular, conventional crowd filled places to offbeat non-commercial destinations, OYO has a vast range of list for accommodation to offer to the customers.

And best of all, while travelling indulges the uncertainty of the overall budget, OYO offers a discount coupon called OYO referral code to provide accommodations across the country in a cheaper discounted price that worth and value your pocket. For this hassle free experience and affordable price range, OYO, partnered with Japanese Softbank Corp expanded its business in the rapid manner and hence paid off an exciting deal to the Softbank Corp in Fy 2019.

The Softbank investment firm has been a constant investors of OYO’s since the year of 2015. Softbank’s distribution led OYO into the Indian unicorn club and profit a huge valuation over $900 million in recent years. The industrial growth of OYO expanded in the vast market of China also which is the largest global market and this led OYO’s aim of becoming world’s biggest hotel chain to come closer.

The big gains of Flipkart Softbank deal: –

Another hugely grown e-commerce company in Indian market is Flipkart that is basically an online shopping portal founded back in 2007. Flipkart.com is the most leading online website to shop with 30 million products of multiple categories from electronics to instruments, home appliances, and apparel outfit and so on across the India. The assured products with quality mark, the Big Billion Sale on Flipkart with its abundant ranges of each categories served towards its marketing strategy which is considered as the key feature of this fastest growing online network.

The only billion dollar company that rules over the Indian market, Flipkart is also tied with a business bond with Softbank investment firm which witnessed their all exciting profit rise of almost 49% boosted by the gains from Flipkart this year. The Vision Fund, the world’s largest pool of private capital scored its maximum gain due to picking up a 77% stake through the sale, which Walmart acquired Flipkart for $16 billion, was the largest e-commerce transaction globally.

Softbank Vision Fund reported to profit a gain of nearly 146.7 billion yen on the sale of Flipkart shares from India. Which is indeed a massive pay off by the Indian start up Flipkart to the investors of the Japanese conglomeration.

In the latest year while OYO’s valuation increased to $1.4Bn and Uber’s valuation grew to $3.8Bn, the company’s expectations are flourishing towards investing more in Indian market. Overall Softbank’s investment in the giant e-commerce brand Flipkart and the hospitality company OYO met with the combined gain around $2.7 Bn from both the leading companies. As the Japanese investments has been doubling down in Indian market, the buzz is that, with these above beneficial deal in India, Softbank CEO rightly believe to exceed the result of gaining amount in the further years in such a level that was never experienced before.

DIY Copper Tin Can Desk Organizer – Copper Project

Another week came and seems like days are getting  fast now on my due, before i’m giving birth with our twins i promised i will make some post on  my blog every week. Lately my husband and I eating more healthy and i’m using canned beans to out veggies and meat.

Instead of throwing out the tin cans in the garbage  i keep them because somehow i can repurpose. I have my own craft room at home and i need to organize my space this tin can organizer in copper chrome color are perfectly fit for my desk. Check out my last post DIY copper glass  as part of my copper project.

Upcycling tin can organizer

 

 

Materials:

  •  Tin can
  • Copper spray paint
  • Burlap rope or any kind of prefer ribbon

 

  • White paper , marker or stamps letter

 STEP 1:

Spray the tin can with copper chrome or prefer color paint. Make a first coating leave it for about 5- 10 minutes for a great result.  After 5- 10 minutes you are ready for 2nd coating and leave it for half a day or 24 hours to make sure it all dry from top to bottom.

Precaution on spray paint: Don’t do it inside the house if don’t have proper ventilation and use mask while painting. Better to do it outside your house.

 

STEP 2:

Prepare your paper, burlap rope and letter stamps. In this tutorial I used my eBosser to cut the edges of paper if you don’t have any machine you can use a scissor and do it manually. I used a letter stamps as labeler but you can also print your prefer label.

STEP 3:

Make a 2 holes on both side of the paper and attach the burlap rope. Make some temporary knot at the back of tin can, it’s the best way everytime you want to change the label.

And you’re done good to use it!

 

Finally done with desk organizing at my craft room

 

 

Have a great day and share it :)

P.S. Dont forget to subscribe for more tutorials

How to Make Modern Wine Cork Tray

These color is symbolized of autumn nice and colorful isn’t? this is the season my camera’s been waiting for (sorry but not the cold weather). Autumn is officially here it’s also means that we need to wear more clothes plus warm boots or shoes and of course warm food and drinks. Did i said drinks? hmmm.. the only think comes in my mind is wine either white or red it doesn’t matter as long it will give you a nice and warm feeling while sitting on living room watching your favorite TV show.

Together with chips on the other side and relax while indulging your favorite wine sounds good right?. Isn’t also nice to see how many wine have you been drinking and opened while keeping the cork?. Sounds interesting right? I’m not too much wine drinker but for those who loves wine you would definitely love this DIY i had made and i will bet you will never throw any piece of your used wine cork. Okey i will skip the other thing let’s go straight to tutorial.

Materials :

materials

Instructions:
Step 1: Align all the wine corks inside the tray this is good way to estimate how many corks will fit and to fill up the whole tray.

Step no.1

Step 2: After estimating remove all the cork again inside the tray it’s time for cutting. I used only half of the whole cork because i think it’s too thick inside the tray. Since wine cork are not in the same heights and width you can adjust it by cutting the bottom part and side. I made some easy tutorial for you on how to cut wine cork in safe and easy way.

Step 3: Start with upper part of the tray and apply more glue on every pieces. Use wine cork with the same height or else cut them to make it the same height.

Step 4: Start on second row with your first cork. Next on the third row with your first wine cork. Do it the on the rest of the wine cork until you fill up all the tray. For the remaining small parts on both sides use your cutter to make small sizes of wine cork.

And you’re done and let it dry!