Welcome to our dedicated page for Godaddy news (Ticker: GDDY), a resource for investors and traders seeking the latest updates and insights on Godaddy stock.
GoDaddy Inc. (NYSE: GDDY) provides essential tools for entrepreneurs to build and grow online businesses through domain services, web hosting, and AI-powered solutions. This news hub delivers official updates and third-party analysis about the company’s strategic direction, product innovations, and market performance.
Access real-time information on earnings announcements, leadership changes, technology partnerships, and service expansions. Investors will find filings-related updates while business owners discover tools like GoDaddy Airo AI enhancements and ecommerce feature rollouts. Media professionals gain insights into industry trends shaped by the company’s 21M+ customer ecosystem.
Content spans quarterly financial results, cybersecurity initiatives, acquisitions, and corporate responsibility programs. Bookmark this page for verified updates about domain industry developments, web hosting infrastructure improvements, and integrations supporting small business digital growth.
In a recent survey by GoDaddy, it was found that 50% of microbusiness owners in the US have used generative artificial intelligence (GenAI) tools in the past few months. 44% of microbusinesses believe that GenAI helps them compete with larger businesses. Usage of GenAI varies across demographic groups, with young and Black microbusiness owners being more likely to use it. Black-owned microbusinesses are almost twice as likely to use GenAI for customer service compared to white-owned microbusinesses.
GoDaddy's study reveals valuable mindset advice for aspiring entrepreneurs in The Ultimate Guide to the Entrepreneurial Mindset. The guide covers building confidence, developing resilience, mastering time management, cultivating a growth mindset, and more. Alongside the guide, GoDaddy Airo™, an AI-powered experience, helps entrepreneurs launch a business efficiently.
GoDaddy Inc. (NYSE: GDDY) will be presenting at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference on May 20, 2024, and participating in the 3rd Annual Evercore ISI Nothing But Net Internet Investors Summit on May 29, 2024. Aman Bhutani, CEO, and Mark McCaffrey, CFO, will represent GoDaddy at these events.
GoDaddy Inc. reported positive financial results for the first quarter of 2024, with total revenue of $1.1 billion, up 7% year-over-year. The company witnessed growth in applications and commerce revenue, as well as core platform revenue. Total bookings increased by 9%, and net cash provided by operating activities saw a 10% rise. The company reported a net income of $401.5 million, up 747% year-over-year. GoDaddy expects continued growth for the second quarter and full year 2024.
GoDaddy launches Empower by GoDaddy, a social impact program supporting underserved entrepreneurs, partnering with 12 organizations to offer mentoring, education, and networking in 2024. The program aims to increase digital knowledge and build relationships among entrepreneurs.
GoDaddy integrates Gmail and Microsoft 365 into Conversations, providing small businesses with a unified inbox to track conversations across channels, respond quickly, and improve customer satisfaction. This integration saves time for entrepreneurs by allowing them to access all their communication channels in one place.
Abbey Foster Jacobson, part of GoDaddy's ESG team, has successfully reduced GHG emissions by 50% from a 2019 baseline at the end of 2023. GoDaddy aims to enhance its ESG prioritization assessment in 2024 and beyond while focusing on reducing environmental impact further.
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