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Square falls 7% — and it's selling Caviar to DoorDash for $410M

Posted by Digestible Financial News on Monday, August 5, 2019, In : 848FINACE 



Square falls 7% — and it's selling Caviar to DoorDash for $410M

Switch hitters are rare... Square's winning a batting title with its consumer and small biz facing businesses, processing your latte purchase from the neighborhood spot. The digital payments icon announced revenues rose 44% to $1.2B (sounds pretty good). But Square spent so much on growth that it suffered a $7M loss. Here are its 3 areas of focus.

  1. Business biz: Square's "seller ecosystem" is for companies. Its software and card-s...

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