New Twitter CEO Elon Musk had been aggressively cutting costs since he acquired the company in October 2022, claiming that the company could collapse if he had not done so. Much of this had been accomplished by retrenching huge numbers of staff. Meanwhile, Musk's controversial moves to restore banned accounts had eliminated a host of key advertisers, causing its main source of revenue - advertising earnings - to plummet as they suspended their advertising activities on the platform. To pivot away from the firm's over-reliance on advertising revenue, Twitter had begun backing all things related to cryptocurrencies. First, it allowed cryptocurrency exchanges and wallets to run advertisements. It subsequently facilitated discussions about cryptocurrencies on its platform and allowed users to tip content creators with Ether. The company further allowed users of its Twitter Blue service to connect their Twitter accounts to their cryptocurrency wallets where their non-fungible token (NFT) holdings were held. Twitter then went on to facilitate the buying and selling of NFTs through tweets. Musk knew that the only way out for Twitter was to open up new steady revenue streams. Were cryptocurrencies and NFTs the answer? Only time would tell.

Second-generation hawker Melvin Chew decided to set up the Hawkers United - Dabao 2020 Facebook group after the Singapore government announced that dining in at hawker centres, and all other food and beverage (F&B) establishments would be banned, following the imposition of the circuit breaker (partial lockdown) on April 7, 2020, in view of the worsening Covid-19 pandemic in Singapore. The group would allow hawkers to post their offerings, promotions, and takeaway or delivery options. Customers could also join it to pre-order food from these hawkers. The key reasons for Chew's decision to start the Facebook group included his desire to help his fellow hawkers, the need to devise alternatives to food delivery platforms that charged prohibitive commissions, and the necessity to save the hawker trade. There were however several barriers preventing hawkers from going digital, such as practical difficulties encountered when trying to adopt digital tools, as well as digital and verbal illiteracy among the more elderly hawkers. Nonetheless, various players in the ecosystem like the government, delivery platforms and software developers have stepped in to help coax hawkers to embrace digitalisation through various initiatives.

Sa Sa International Holdings Limited, a leading cosmetics retail group in Asia, announced on December 2, 2019 that it would close all 22 stores in Singapore. It attributed the closures to the less-than-satisfactory performance of its Singapore operations for many years, where it had recorded losses for six consecutive years. This case analyses the possible reasons for Sasa's store closures, and explores how an improved customer experience and omnichannel strategy delivered through phygital stores might have helped save the situation.