Benchmark Bytes: Are SMBs Raising Social Marketing Budgets?
Benchmark Bytes is a series that examines Localogy’s original data on SMB tech deployment. Based on its recent Small Business Trends report, each installment drills down on a data excerpt and draws out meaning for Localogy Insider readers.
Jack Dorsey Leaves Twitter for His One True Love — Fintech
Today Twitter announced that its founder Jack Dorsey (@Jack) will step down as CEO. His replacement, interestingly, is the company’s current CTO, Parag Agrawal. We will get to some thoughts on why this choice is interesting in a moment. Twitter did not mention Square, the other company that Dorsey is CEO of, in its announcement […]
Earnings Show Klarna’s Credit Losses Rising Sharply
The Swedish buy now, pay later giant Klarna issued a third-quarter earnings report that shows remarkable growth. The results also support concerns over whether BNPL is driving its core millennial and GenZ consumers into the kind of debt they’ve been assiduously avoiding. Klarna, a private company valued at $46 billion, posted SEK9.76 billion (US$1.1 billion) […]
New Report: A Closer Look at Europe’s Home and Professional Services
A new report from Mono Solutions and Localogy takes a deep dive into two key small businesses verticals. Because after all, there is really no such thing as a small business. There are small contractors. Small law firms. Small HVAC repair companies. And so on. And each industry has its own business rules, culture, degree […]