Square teams up with Postmates for delivery partnership [MarketWatch]
Block, Inc. Class A, (SQ)
Last block, inc. class a, earnings: 2/26 04:05 pm
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Source: MarketWatch
Square teams up with Postmates for delivery partnership Postmates announced on Thursday that it would be partnering with Square Inc. to provide delivery for small businesses. Through the arrangement, Square SQ, -1.81% sellers will be able to use Postmates couriers to get goods to customers who call up to place orders or visit a store. Merchants will be able to integrate Postmates with their existing Square point-of-sale systems. James Butts, the senior vice president of product at Postmates, said that the delivery option may appeal to customers who buy a pair of shoes from a merchant but don’t want to carry the box with them on the rest of their daily errands. The integration could also allow pizza shops without dedicated delivery people to still fulfill takeout orders, he said. “If they don’t have a fleet, there’s no reason a seller should ever lose a sale at the counter or phone because they can’t offer delivery,” Butts told MarketWatch. “We’re not trying to be a point of sale.” Fo
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- Block, Inc. (NYSE: SQ) had its price target raised by analysts at Wolfe Research from $95.00 to $100.00. They now have an "outperform" rating on the stock.MarketBeat
SQ
Earnings
- 2/22/24 - Beat
SQ
Sec Filings
- 4/15/24 - Form 8-K
- 4/4/24 - Form 4
- 4/4/24 - Form 4
- SQ's page on the SEC website