NOR 14.3% 3.0¢ norwood systems limited

App Annie Rankings, page-2215

  1. 424 Posts.
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    Good to see Worldphone logo popping up in Top 5 Grossing column in most of the countries. Like I said earlier, this one is gaining momentum. Now its up to the management to channel the energy in right direction.

    I noticed some of the posters were talking about Norwood flagship product " CORONA" not gaining any traction and company lost the sense of direction by deviating from their business model and concentrating on Worldphone ( app and its additional features). Time to time company have to change their plans and be adaptable to changes and be flexible in their approach if they find a new opening. A classic example of this is UBER. Just yesterday I was reading an article about how UBER business model of not having any physical cash transition for the Taxi services have to changed in mass market like India, where many people are not comfortable having credit card transaction or most have none would prefer to pay by cash for the Taxi services. It made me think how a multinational company like UBER could make so drastic changes to their business model, because they saw this opportunity of making more money, instead of being rigid with their existing business model.

    My rant is about how Norwood and UBER are so similar with their approach.
 
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