According to various sources, including CNBC and The Verge, Weebly has been sold to Square, Inc. for a reported $120 million.
This acquisition falls in line with Square’s recent trend of investing in startUPS with a focus on e-commerce. Given that Weebly is known for its easy-to-use website builder, this acquisition could prove to be a valuable addition to Square’s portfolio.
While no official announcement has been made, it seems likely that this acquisition will be completed in the near future. With this in mind, it’s worth taking a closer look at Weebly’s history and what makes it such a valuable asset for Square.
PRO TIP: There is currently no confirmation that Weebly has been bought by Square, so this may be a hoax. Be cautious of any emails or messages you receive about this until it is officially confirmed.
Weebly was founded in 2006 by two friends, Matt Mullenweg and Jeremy Liew. The company quickly gained a following for its easy-to-use website builder, and by 2012 it had processed over $50 million in website sales.
In 2013, Weebly was acquired by Adobe for an undisclosed amount.
Given that Weebly has a proven track record of success, it’s likely that Square will continue to grow and improve the product. This acquisition could prove to be a valuable addition to Square’s portfolio, as it provides the company with an easy-to-use website builder that has a strong following.
8 Related Question Answers Found
On July 25th, 2018, Weebly, a web design company, was acquired by Square, a mobile app company. Many are wondering if this acquisition will change the way Weebly designs and produces their websites. Weebly has been in business since 2001 and has over 15 million users.
In the past few years, both Square and Weebly have seen their share prices rise significantly. In November of 2017, Weebly announced that it had been acquired by Square for a reported $300 million. Some have speculated that this acquisition was in anticipation of Square’s plans to enter the online development market.
In February of 2018, Weebly announced that it had acquired Square, a company that provides a platform for businesses to manage their finances and operations. The acquisition was seen as a natural fit for Weebly, as Square’s platform allows businesses to automate their finances and save time. Some have questioned whether or not the acquisition was actually a good one for Weebly, as the company has struggled in recent years to maintain its user base and grow its revenue.
Weebly is a website-building platform that is owned by Square. The company has been in business since 2000 and has built a large user base. Many people use Weebly to create their own website.
In 2002, Weebly was founded by two entrepreneurs, Aaron Sloman and David Sacks. In 2006, Weebly was acquired by Square, a company well known for its online payment processing and merchant services. At the time of the acquisition, Weebly had just over 100,000 users.
Weebly, a popular web-based platform for creating websites and online portfolios, has undergone a radical transformation in recent years. In 2013, the company rebranded itself as Square and shifted its focus to providing a suite of mobile apps for business owners. In 2015, the company acquired the design platform Sketch, and in 2016 it acquired the business social networking platform Hootsuite.
Square, a mobile payments company, has announced that it has acquired Weebly, a web development platform. The acquisition is seen as a strategic move for Square as Weebly’s platform provides a customizable and user-friendly platform for businesses to create and manage their websites. The acquisition is also seen as a way for Square to expand its reach into the web development market.
Weebly and Square are two of the most popular web-based software platforms on the market. They both offer a wide range of features and integrations, making it easy to create and manage a website. In this article, we’ll take a look at some of the ways in which Weebly and Square integrate, and we’ll offer a conclusion about whether or not integration is a good idea for your business.
