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To: sales@thelogomasters.com
Subject: Square Acquires Weebly for $365 Million, Aims to Be a One-Stop Solution for eCommerce Businesses
Message-ID: <d30557c07d7007e66c5b4847f2bfd477@edna.ientry.com>
Date: Tue, 01 May 2018 01:10:50 -0400
From: "WebProNews" <newsletter@ientry.info>
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http://edna.ientry.com/link.php?M=316126&N=1146&L=350&F=T
======================================================================
======================================================================

- Sponsored -

Master's in Info Management Online from Syracuse

Through our online degree program, you will learn the ins and outs of
current technology and effectively apply that knowledge to lead
organizations.

REQUEST MORE INFORMATION  ...
http://edna.ientry.com/link.php?M=316126&N=1146&L=6798&F=T

======================================================================

Square Acquires Weebly for $365 Million, Aims to Be a One-Stop Solution for
eCommerce Businesses

Digital payments company Square has announced plans to acquire Weebly for
approximately $365 million in cash and stock. The purchase was in line with
Square’s objective to provide a cohesive solution to entrepreneurs in
running their businesses across all channels.

Known for its payment software and hardware, Square has diversified its
portfolio to include money transfer, business financing, and customer
relationship management software. The company offers flexibility in
selecting and integrating third-party solutions that include point of sale,
accounting software, and other back-office applications. Weebly, on the
other hand, provides an easy to use platform for building and hosting
websites. Over the years, it has focused on catering to small businesses
and online companies.

With the merger, a start-up company doesn’t have to shop around
separately for applications, hardware, and platforms compatible with each
other to have a presence online and offline. It is one of the challenges in
setting up an eCommerce site, especially for those without the know-how to
do so. In a statement, Square CEO Jack Dorsey pointed out that the
strategic move aims “to bridge these channels, and we can go even further
and faster together.”

Square emphasizes the importance of an omnichannel experience in commerce.
It simply means that sellers can reach out to potential customers through
both digital and physical storefronts. From brand discovery and purchase to
returns and exchanges, the seller can interact with the buyer in-store,
online, or even in-app.

“From managing orders, appointments, and payments to building a website,
running a business is complex, and entrepreneurs around the world want
powerful and intuitive tools,” Alyssa Henry of Square said. “Whether
they’re an artist, a winemaker, or a hairdresser, with Square and Weebly
sellers will have one cohesive solution to build their business.”
======================================================================

- Sponsored -

You've got the data — now tell the story.

There is a growing demand for professionals with expertise in information
management, design, and technology.

LEARN MORE ...
http://edna.ientry.com/link.php?M=316126&N=1146&L=6799&F=T

======================================================================

David Rusenko, CEO of Weebly, agreed that entrepreneurs would benefit the
most from the merger. He wrote, “Together, we will support you to build
professional websites and powerful commerce experiences — whether online
or in real life. This move reinforces our original mission: to help the
world’s entrepreneurs succeed. As Square + Weebly, we’ll be able to
help you in more powerful ways than ever before.”

He also assured Weebly clients that no major changes are expected to
happen. The transaction, however, will boost Square’s customer base and
provide a steady revenue stream. With 40 percent of Weebly’s 625,000 paid
subscribers based outside the US, the deal is set to expand Square’s
global presence.

Until the deal is finalized in the second quarter of 2018 and cleared of
regulatory hurdles, Weebly and Square will continue to operate separately.

======================================================================
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<p style="font-family: sans-serif; font-size: 16px;">Thanks for reading the
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<br />
<p style="margin: 0; margin-bottom: 10px;">Through our online degree
program, you will learn the ins and outs of current technology and
effectively apply that knowledge to lead organizations.</p>
<p style="margin: 0; margin-bottom: 10px;"><a
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<p class="h1"><a
href="http://edna.ientry.com/link.php?M=316126&N=1146&L=5401&F=H"
style="color: #333333; text-decoration: none;">Square Acquires Weebly for
$365 Million, Aims to Be a One-Stop Solution for eCommerce
Businesses</a></p>
<p>Digital payments company Square has announced plans to acquire Weebly
for approximately $365 million in cash and stock. The purchase was in line
with Square&rsquo;s objective to provide a cohesive solution to
entrepreneurs in running their businesses across all channels. <br /> <br
/> Known for its payment software and hardware, Square has diversified its
portfolio to include money transfer, business financing, and customer
relationship management software. The company offers flexibility in
selecting and integrating third-party solutions that include point of sale,
accounting software, and other back-office applications. Weebly, on the
other hand, provides an easy to use platform for building and hosting
websites. Over the years, it has focused on catering to small businesses
and online companies. <br /> <br /> With the merger, a start-up company
doesn&rsquo;t have to shop around separately for applications, hardware,
and platforms compatible with each other to have a presence online and
offline. It is one of the challenges in setting up an eCommerce site,
especially for those without the know-how to do so. In a statement, Square
CEO Jack Dorsey pointed out that the strategic move aims &ldquo;to bridge
these channels, and we can go even further and faster together.&rdquo;<br
/> <br /> Square emphasizes the importance of an omnichannel experience in
commerce. It simply means that sellers can reach out to potential customers
through both digital and physical storefronts. From brand discovery and
purchase to returns and exchanges, the seller can interact with the buyer
in-store, online, or even in-app. <br /> <br /> &ldquo;From managing
orders, appointments, and payments to building a website, running a
business is complex, and entrepreneurs around the world want powerful and
intuitive tools,&rdquo; Alyssa Henry of Square said. &ldquo;Whether
they&rsquo;re an artist, a winemaker, or a hairdresser, with Square and
Weebly sellers will have one cohesive solution to build their
business.&rdquo;</p>
</td>
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<br />
<p style="margin: 0; margin-bottom: 10px;">There is a growing demand for
professionals with expertise in information management, design, and
technology.</p>
<p style="margin: 0; margin-bottom: 10px;"><a
href="http://edna.ientry.com/link.php?M=316126&N=1146&L=6799&F=H"
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text-align: left; font-size: 16px;">
<p>David Rusenko, CEO of Weebly, agreed that entrepreneurs would benefit
the most from the merger. He wrote, &ldquo;Together, we will support you to
build professional websites and powerful commerce experiences &mdash;
whether online or in real life. This move reinforces our original mission:
to help the world&rsquo;s entrepreneurs succeed. As Square + Weebly,
we&rsquo;ll be able to help you in more powerful ways than ever
before.&rdquo; <br /> <br /> He also assured Weebly clients that no major
changes are expected to happen. The transaction, however, will boost
Square&rsquo;s customer base and provide a steady revenue stream. With 40
percent of Weebly&rsquo;s 625,000 paid subscribers based outside the US,
the deal is set to expand Square&rsquo;s global presence. <br /> <br />
Until the deal is finalized in the second quarter of 2018 and cleared of
regulatory hurdles, Weebly and Square will continue to operate
separately.</p>
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