Breaking: Facebook to Acquire Giphy for $400 Million
This is the latest in Localogy’s Skate To Where the Puck is Going series. Running semi-weekly, it examines the moves and motivations of tech giants as leading indicators for where markets are moving. Check out the entire series here, and its origin here. Facebook has confirmed that it will acquire iconic gif platform Giphy. Facebook isn’t disclosing the terms […]
Wix Numbers Show Digital Presence Boom
Wix turned in solid Q1 2020 earning numbers this week. But what is getting the most attention is April data showing a big jump in the company’s subscriptions and other key user metrics. Wix added 3.2 million registered users in April, a 63% year-on-year increase. This was an all-time monthly high for the company. Wix’s […]
Funding Watch: The Localogy Global Investment Roundup
Funding Watch is Localogy’s series that tracks funding to SMB-focused startups and tech providers. See the rest of the series here. Things continue to heat up in SMB Saas. For those unfamiliar, this sector is represented by companies that build software tools for small businesses. It’s everything from “front of the house” marketing and customer acquisition […]