Welcome to our dedicated page for Similarweb news (Ticker: SMWB), a resource for investors and traders seeking the latest updates and insights on Similarweb stock.
Similarweb Ltd. (NYSE: SMWB) is a digital data and analytics company whose news flow centers on product innovation, generative AI initiatives, financial performance, and corporate governance developments. The company describes itself as powering businesses to win their markets with Digital Data, providing web and app data, analytics, and insights that support decisions in areas such as market analysis, digital marketing, ecommerce, and customer acquisition.
News about Similarweb often highlights updates to its digital intelligence platform, including releases such as Web Intelligence 4.0 and expansions of its Generative AI Intelligence capabilities. These announcements describe new features for understanding brand visibility in AI-generated answers, benchmarking traffic from AI chatbots, and using AI agents for SEO analytics, content planning, and sales prospecting. The company also reports on infrastructure tools like its Model Context Protocol (MCP) Server, which connects AI platforms directly to Similarweb’s traffic, keyword, and app performance data.
Investors and analysts following SMWB can expect regular coverage of quarterly results, subscription metrics, and commentary on demand for the company’s digital data and AI-related solutions. Form 6-K filings and associated press releases provide details on revenue trends, Annual Recurring Revenue measures, remaining performance obligations, and net retention rates, as well as updates on leadership changes and board appointments.
For those interested in how generative AI, ecommerce, and app usage trends are evolving, Similarweb also publishes thematic reports, such as generative AI landscape analyses and global ecommerce studies, based on its estimated web and app data. Monitoring Similarweb news offers insight into how the company is positioning its digital intelligence products and AI capabilities, along with the operational and financial context behind the SMWB stock.
Similarweb (NYSE: SMWB) has enhanced its Sales Intelligence solution with the launch of a global database called Contacts, featuring over 400 million professional contacts. This addition enables sales teams to improve targeting and connection with prospects, particularly in e-commerce and digital media. The platform integrates into existing sales workflows, allowing users to segment leads and enrich CRMs with web traffic data. Trusted by over 450 companies worldwide, Similarweb aims to empower organizations with data-backed insights to drive smarter sales strategies.
Similarweb (NYSE: SMWB) has expanded its Shopper Intelligence platform to include insights on sales and market performance for Walmart, Target, Best Buy, and Chewy, in addition to Amazon. This enhancement, launched in July 2023, provides comprehensive data on approximately 78% of all sales volume from the top ten U.S. online retailers. The initiative aims to address the visibility issues faced by consumer brands in monitoring competitive performance. The company asserts that they are on track to becoming the standard for digital retail insights.
Similarweb Ltd. (NYSE: SMWB), a digital intelligence leader, announced its leadership team will present at key investor conferences. The events include the 5th Annual Virtual Wells Fargo TMT Summit on
Similarweb Ltd. (NYSE: SMWB) reported a 46% year-over-year revenue growth in Q3 2021, totaling $35.6 million. The company now exceeds $150 million in ARR, with a 122% net retention rate for customers with ARR of $100K or more. Customer count grew by 48%, bringing the total to 245 high-value clients. Despite a GAAP operating loss of $(16.7) million, the firm raised its full-year revenue guidance for 2021. Total revenue outlook for Q4 is $37.5 million to $37.9 million, driven by increasing demand for its digital intelligence solutions.
Similarweb (NYSE: SMWB) has announced the acquisition of Embee Mobile, a leading provider of mobile insights based in San Francisco. This acquisition aims to enhance Similarweb's mobile app intelligence by leveraging Embee’s extensive metered panel data, allowing for deeper insights into mobile app behaviors and customer journeys. Similarweb anticipates that this integration will provide a comprehensive view of consumer behavior across platforms, further solidifying its position as a digital measurement leader. Financial terms of the acquisition remain undisclosed.
Similarweb (NYSE: SMWB) has announced the opening of two new offices in Munich, Germany, and Kyiv, Ukraine. This expansion highlights the company's growth in Europe, especially following its IPO in May. The Munich office will focus on commercial, marketing, and technical roles, while the Kyiv office is projected to become a key R&D center, growing from 50 to over 150 professionals in two years. Similarweb aims to enhance its digital intelligence solutions and accelerate global expansion.
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Similarweb Ltd. (NYSE: SMWB) is set to release its third quarter 2021 financial results for the period ended September 30, 2021, on November 10, 2021. The results will be discussed during a conference call and webcast scheduled for 8:30 a.m. EST. Investors can access the live event through the company's Investor Relations website. An archived version of the call will also be available thereafter. Similarweb is recognized for providing insights into online behavior, assisting users in making informed decisions.
Similarweb (NYSE: SMWB) has appointed Tzipi Ozer-Armon to its board of directors, effective immediately. CEO Or Offer expressed excitement about her extensive experience in the tech industry, emphasizing her leadership skills which are expected to aid in the company's growth. Ozer-Armon has a distinguished background, including her role as CEO of Lumenis, where she led significant growth and an IPO. She brings vast expertise in digital intelligence, crucial for Similarweb's mission to enhance online business strategies.
Similarweb (NYSE: SMWB) has been chosen by Google to power its new service, Market Finder, aimed at assisting small- and medium-sized businesses (SMBs) in international expansion. Market Finder utilizes digital signals to provide an automated score and tailored recommendations for export opportunities. This collaboration highlights Similarweb's reputation for delivering accurate digital data. The service evaluates SMBs’ readiness through key metrics, including traffic analysis and competitive positioning, facilitating data-driven market entry strategies.
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