Dorsey-led Square rebrands to Block in nod to blockchain

Reuters2021-12-02

(Reuters) -Square Inc, the payments company led by Twitter Inc co-founder Jack Dorsey, said on Wednesday it was changing its name to Block Inc, as it looks to expand beyond its payment business and ...

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陈河马
2021-12-02
陈河马
Hmmm
- Gablcm:
  Hmm m
claratan
2021-12-02
claratan
Wow 👏
ASMH
2021-12-02
ASMH
Like
TTTa
2021-12-02
TTTa
Good move

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The new name would distinguish the corporate entity from its businesses, Square added, a strategy similar to Meta Platforms Inc's rebrand last month.\nThe company said there would be no organizational changes and its different business units - Square, peer-to-peer payment service Cash App, music streaming service Tidal and its bitcoin-focused financial services segment TBD54566975 - will continue to maintain their respective brands. Shares were up nearly 1% in extended trading.\n\"The name has many associated meanings for the company — building blocks, neighborhood blocks and their local businesses, communities coming together at block parties full of music, a blockchain, a section of code, and obstacles to overcome,\" Square said in a statement.\nThe move comes days after Dorsey stepped down from his role as chief executive officer at Twitter. 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