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Nextdoor Holdings, Inc. - KIND STOCK NEWS

Welcome to our dedicated page for Nextdoor Holdings news (Ticker: KIND), a resource for investors and traders seeking the latest updates and insights on Nextdoor Holdings stock.

Nextdoor Holdings, Inc. (symbol: KIND) is a pioneering social networking service aimed at connecting neighbors and fostering community engagement. Established with the mission to cultivate a kinder world where everyone has a neighborhood they can rely on, Nextdoor has become a vital part of daily life in over 280,000 neighborhoods across 11 countries.

Founded in San Francisco, Nextdoor allows neighbors to exchange trusted information, seek and provide assistance, accomplish tasks, and build real-world connections with nearby residents, local businesses, and public services. Nearly one in three households in the United States uses Nextdoor, underscoring its significance as a community-centric platform.

Nextdoor's core business revolves around providing a safe and trustworthy environment where users can engage in meaningful interactions. The platform is designed to help neighbors stay informed about local happenings, find recommendations for services, buy and sell items, and organize community events. Nextdoor also collaborates with local businesses to create opportunities for growth and customer engagement.

Recent achievements include the expansion of Nextdoor's reach into new neighborhoods and the introduction of enhanced features to improve user experience. The company is currently focused on expanding its user base and increasing platform engagement through strategic partnerships and innovative projects.

Financially, Nextdoor is committed to sustainable growth and has seen consistent user engagement and platform activity. The company's revenue model includes advertising and premium services that provide value to both businesses and users.

Overall, Nextdoor Holdings, Inc. stands out as a unique social networking platform that not only connects people but also fosters a sense of belonging and community support. Its dedication to creating a kinder world through neighborhood connections makes it a significant player in the social networking space.

News

Nextdoor Reports Fourth Quarter and Full Year 2023 Results

Rhea-AI Summary
Nextdoor Holdings, Inc. (NYSE: KIND) reported a record number of organic Verified Neighbors for the second consecutive quarter, exceeding 88M Verified Neighbors at year-end 2023 Q4. The WAU increased by 5% year-over-year and 3% quarter-over-quarter, with a $150M increase to the existing share repurchase program approved by the board. The company's revenue for the year ended December 31, 2023, was $218.3 million, representing a 3% year-over-year increase. Net loss was $147.8 million, and Adjusted EBITDA loss was $74.1 million for the same period. Nextdoor also announced the resignation of CEO Sarah Friar and the appointment of Nirav Tolia as the new CEO, President, and Chairperson of the Board.
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2.45%
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earnings
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News

Nextdoor Announces Leadership Transition and Reports Preliminary Q4 2023 Financial Results

Rhea-AI Summary
Nextdoor (NYSE: KIND) appoints Nirav Tolia as CEO, President, and Chairperson, with Sarah Friar stepping down. Q4 WAU at 41.8M and revenue of $56M. $150M share repurchase increase approved. Full Q4 2023 results on Feb 27, 2024.
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16.28%
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management earnings
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Nextdoor’s Transparency Report Highlights Impact of AI-Led Innovation, Maintaining Very Low Levels of Harmful Content Reported on the Platform

Rhea-AI Summary
Nextdoor (NYSE: KIND) releases its 2023 Transparency Report showcasing a 15% reduction in content violations due to innovative community moderation strategies. Reports of harmful content are less than 0.29%, highlighting the positive impact of Nextdoor's Kindness Reminders.
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-4.55%
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AI
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Nextdoor Reveals the Winners for the 2024 #LoveYourNeighborhood Photo Contest, Following A Record-Breaking Number of Entries

Rhea-AI Summary
Nextdoor (NYSE: KIND) announced the winners of the #LoveYourNeighborhood photo competition, with Deb Gaston from Massachusetts winning the grand prize. The contest received nearly 42,000 entries, and the grand prize winner will receive a prize package with an approximate retail value (ARV) of $3,000. The two runners-up will receive a prize package with an ARV of $1,000 each.
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3.09%
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News

Nextdoor Announces Date for Fourth Quarter and Full Year 2023 Financial Results and Conference Call

Rhea-AI Summary
Nextdoor Holdings, Inc. (NYSE: KIND) will report Q4 and full year 2023 financial results on February 27, 2024. A conference call will be held to discuss the results and outlook, with a live webcast available on the Nextdoor Investor Relations website. Nextdoor uses various platforms for investor communication and disclosure of material information.
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-0.65%
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earnings
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News

Start the New Year with a Snap with Nextdoor’s #LoveYourNeighborhood Photo Contest

Rhea-AI Summary
Nextdoor (KIND) Launches #LoveYourNeighborhood Photo Contest, Offering $3,000 Grand Prize
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1.18%
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News

Nextdoor Launches Developer Site to Connect Partners with the Power of Local

Rhea-AI Summary
Nextdoor (NYSE: KIND) has announced the release of the Nextdoor Developer Site, a self-service portal that provides enterprises, developers, small businesses, and brands the ability to explore, access, and implement the company’s range of Application Programming Interface (API) offerings. Through the suite of Advertising and Content APIs on the Developer Site, partners can harness Nextdoor’s distinct local network to reach and activate neighbors across three pillars. This includes Advertising: Campaign Management and Conversion API (CAPI), Sharing on Nextdoor: Share Plugin and Publish API, and Display Content from Nextdoor: Search, Trending Posts, and Public Agency Feed APIs.
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3.07%
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News

Nextdoor Rewind: 2023 Gives Neighbors a Local-Level Reflection of the Past Year Together

Rhea-AI Summary
Nextdoor (NEXT) releases Nextdoor Rewind: 2023, a recap of the shared moments and highlights in metro areas, showcasing local reflections and factoids from the past year.
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-1.81%
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News

Keep It Local Business Fund Grants Awarded to Entrepreneurs of Color Across the Country

Rhea-AI Summary
Nextdoor Kind Foundation (NEXTDOOR) awarded 20 U.S. small business owners of color microgrants from the Keep It Local Business Fund, in partnership with the NAACP and Hello Alice, totaling $200,000 in microgrants this year. The grantees represent diverse industries and proposals, demonstrating a clear vision and commitment to their communities.
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0.63%
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News

Nextdoor to Participate in the 2023 Wells Fargo TMT Summit

Rhea-AI Summary
Nextdoor Holdings, Inc. (KIND) CFO to participate in 2023 Wells Fargo TMT Summit
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-0.62%
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FAQ

What is the current stock price of Nextdoor Holdings (KIND)?

The current stock price of Nextdoor Holdings (KIND) is $2.47 as of November 21, 2024.

What is the market cap of Nextdoor Holdings (KIND)?

The market cap of Nextdoor Holdings (KIND) is approximately 947.7M.

What is the primary mission of Nextdoor Holdings, Inc.?

Nextdoor's mission is to cultivate a kinder world where everyone has a neighborhood they can rely on.

How many neighborhoods use Nextdoor?

Nextdoor is active in over 280,000 neighborhoods across 11 countries.

What services does Nextdoor provide?

Nextdoor provides a platform for neighbors to share information, seek and offer help, accomplish tasks, and build connections with local businesses and public services.

Where is Nextdoor Holdings, Inc. based?

Nextdoor Holdings, Inc. is based in San Francisco.

How prevalent is Nextdoor in the United States?

Nearly one in three households in the United States uses Nextdoor.

What are some recent achievements of Nextdoor?

Recent achievements include expanding into new neighborhoods and introducing enhanced features for better user experience.

How does Nextdoor generate revenue?

Nextdoor generates revenue through advertising and premium services that provide value to businesses and users.

What makes Nextdoor unique compared to other social networks?

Nextdoor uniquely focuses on connecting neighbors to foster community engagement and support, creating a sense of belonging.

What types of partnerships is Nextdoor involved in?

Nextdoor partners with local businesses and public services to enhance community engagement and provide growth opportunities.

How does Nextdoor ensure a safe and trustworthy environment?

Nextdoor is designed to be a safe platform for meaningful interactions, with features that ensure trusted information and connections.

Stock KIND logo
Nextdoor Holdings, Inc.

NYSE:KIND

KIND Rankings

#2610 Ranked by Market Cap
N/A Ranked by Dividends

KIND Stock Data

947.71M
210.09M
1.53%
55.32%
1%
Internet Content & Information
Services-computer Programming, Data Processing, Etc.
Link
United States of America
SAN FRANCISCO