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Social Media Network Nextdoor Eyes IPO

PYMNTS

a social media network that is something of a combined Facebook, Craigslist and Yelp and whose members connect only with neighbors, is exploring going public, Bloomberg News reported. billion after a funding round in September 2019.”. Nextdoor Inc. ,

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Why AI Is Social Media Fraud’s New Best Friend

PYMNTS

It can be difficult these days to remember the almost idyllic promise of social media when it first entered the general consumer consciousness. That’s not to tempt one into nostalgia, or to suggest that social media has become marred beyond recognition. Digital Evolution. Fraud Increases. trillion in 2018.

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Vietnam Launches New Social Media App As Facebook Alternative

PYMNTS

The social media company has teamed up with Sony Music Entertainment to feature music content, and aims to reach three million users in 2019 and 20 million by January 2021. “Vietnamese users and enterprises are relying too much on Facebook, as there are not so many social networks for them to choose from,” Kien said.

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Squarespace Announces IPO Plans; Files Confidentially With SEC

PYMNTS

Squarespace was reported to be seeking a $400 million credit line in 2019, PYMNTS reported, which generally means that the company is preparing to go public. Whether building a business or personal brand, social media is a place where many creators get started before launching a website,” he said, according to the PYMNTS report. “As

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2019: Big Payment, Commerce And Tech IPOs Loom On The Horizon

PYMNTS

But relatively high stock prices and access to more capital remain prime temptations, and there is little doubt that 2019 will bring more than few exciting — and telling — IPOs. Among the most anticipated are IPOs that will impact the mobility-as-a-service and ride-hailing ecosystems, social media, and data analytics.

Payments 223
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Social Shopping Struggles With The Burden Of Potential

PYMNTS

Ask Amazon, which had to shutter its social shopping entry, Spark, after two years in July 2019. percent of online sales came from social channels. However, 8 percent of Cyber Monday visits did originate from social media, an increase of 17.5 Brand advertisers, it says, need to justify social media ROI.

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Five Key Takeaways From Poshmark’s IPO Filing 

PYMNTS

Social media-focused clothing reseller Poshmark became the latest platform company to file for an initial public offering (IPO) this week, hoping to catch an IPO wave that saw big first-day pops recently for Airbnb and DoorDash. In doing so, we bring the power of community to buying and selling online. After losing $14.5