User Base news and trends

Facebook Buys Image-Matching Tech Co GrokStyle
Facebook // February 10, 2019

Facebook has acquired GrokStyle, the maker of image-matching technology, to beef up its work in the field. Bloomberg reported Facebook spokeswoman Vanessa Chan confirmed the acquisition, saying the social media giant is excited to bring in GrokStyle.  “Their team and technology will contribute to our...

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PayPal Q1: Venmo Users Hit 40M, Payments Volume Dips

April 25, 2019
Venmo took center stage during PayPal’s Q1 2019 earnings report as PayPal CEO Dan Schulman released user numbers for the first time: 40 million active monthly users, defined as a person whose used the service once in 12 months. “Venmo continues its significant momentum,” Schulman said on a call with analysts. “As user growth continues to […]

Facebook Buys Image-Matching Tech Co GrokStyle

February 10, 2019
Facebook has acquired GrokStyle, the maker of image-matching technology, to beef up its work in the field. Bloomberg reported Facebook spokeswoman Vanessa Chan confirmed the acquisition, saying the social media...