Associated with
David F. Carr
Block's Cash App Offsets Soft Traffic for Square, Afterpay
In the second quarter, Block Inc.'s Square and Afterpay businesses saw traffic declines, but the company's Cash App mobile wallet remained a strong performer. Block is set to report earnings on Wednesday, August 3.
With its name change from Square to Block at the end of 2021, Block Inc. signaled it wanted to make Bitcoin and applications of the blockchain more central to its business – but given the current cryptocurrency crash, the company is fortunate to have a solid foundation independent of crypto.
More
Ways to Read:
🧃
Juice It
--
The key takeaways that can be read in under a minute
Sign up to unlock
Worth the squeeze
Get access to the condensed version of this piece, and every other article on The Juice, and so much more.
Start a free account on The Juice and we'll send you weekly emails sharing which podcasts, blogs, guides,
etc. are trending with other marketing or sales pros. We call it the Top 5!
Other content from
Similarweb
Explore more in
Sales Intelligence
Featured by Goldcast
