A sample text widget

Etiam pulvinar consectetur dolor sed malesuada. Ut convallis euismod dolor nec pretium. Nunc ut tristique massa.

Nam sodales mi vitae dolor ullamcorper et vulputate enim accumsan. Morbi orci magna, tincidunt vitae molestie nec, molestie at mi. Nulla nulla lorem, suscipit in posuere in, interdum non magna.

Square Acquires Website Builder Weebly

Square Inc. agreed to acquire website-builder Weebly for $365 million as the payments company seeks to expand its customer base and become a one-stop-shop for small and medium-sized businesses.

This seems to help our virtual businesses  get monetized; that next step from website to build traffic to sell things that people will buy /want / trust is a huge leap for many websites. Make it easy – and Square knows how to do this.

The acquisition is Square’s biggest so far and gives the company access to Weebly’s millions of customers and more than 625,000 paid subscribers. The transaction will give Square a new recurring revenue stream; Weebly gets access to Square’s payments system. Almost 40 percent of Weebly’s paid subscribers are outside the U.S., which will help fuel Square’s global expansion.

https://www.bloomberg.com/news/articles/2018-04-26/square-to-acquire-website-builder-weebly-for-365-million

Leave a Reply