Square breaks $1 billion in revenue in Q2 and announces Caviar sale

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Square made the decision to sell Caviar to DoorDash because it's increasing its focus on its two ecosystems for businesses and consumers:

to food ordering to bolster its capabilities and boost the firm's subscriptions and services revenue.

Square made the move because it's increasing its focus on its two ecosystems for businesses and consumers, Dorsey said, and while losing Caviar could hurt, it might help Square build on its strengths.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I've stopped ordering from them because it is just too expensive 🙅‍♂️😫

disgusting

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

DoorDash has agreed to acquire delivery competitor Caviar for $410 millionDoorDash's acquisition could bring customers interested in higher-end food delivery – something it didn't previously emphasize: Ive used Door dash - it was terrible Door Dash blows
Source: BusinessInsider - 🏆 729. / 51 Read more »

How a coffee shop business turned into Australia's fastest-growing $1 billion start-upIn just three years, payments platform Airwallex has achieved much-coveted unicorn status, completing the company's transformation from a humble coffee shop.
Source: CNBC - 🏆 12. / 72 Read more »

DoorDash has agreed to acquire delivery competitor Caviar for $410 millionDoorDash's acquisition could bring customers interested in higher-end food delivery – something it didn't previously emphasize: Ive used Door dash - it was terrible Door Dash blows
Source: BusinessInsider - 🏆 729. / 51 Read more »