Welcome to our dedicated page for Similarweb Ltd. news (Ticker: SMWB), a resource for investors and traders seeking the latest updates and insights on Similarweb Ltd. stock.
Similarweb Ltd. (NYSE: SMWB) is a global leader in digital intelligence, providing a comprehensive view of the digital world to help businesses grow and become more competitive. The company offers a suite of analytics tools that analyze billions of digital interactions across millions of websites and apps daily. These tools enable users to compare website traffic, gain insights into market trends, and develop effective traffic acquisition strategies.
Similarweb's platform is trusted by businesses, marketers, publishers, and analysts to benchmark their performance against competitors. The company's data is frequently cited in leading publications such as Bloomberg Businessweek, TechCrunch, and Adweek. By transforming vast amounts of data into actionable insights, Similarweb helps its clients discover new opportunities and optimize their digital presence.
The company's primary revenue stream comes from SaaS subscriptions, with customers paying for access to its cloud-based digital intelligence solutions. Geographically, the majority of Similarweb's revenue is derived from the United States, with significant contributions from Israel, the United Kingdom, Europe, Asia-Pacific, and other regions.
Recently, Similarweb has entered a collaboration with Dstillery, an AI ad targeting company. This partnership enhances Dstillery's AI capabilities by incorporating Similarweb's extensive dataset into its data stack. The collaboration aims to improve predictive capabilities while respecting privacy concerns, marking a significant milestone in the evolving digital privacy landscape.
FAQ
What is the current stock price of Similarweb Ltd. (SMWB)?
The current stock price of Similarweb Ltd. (SMWB) is $14.51 as of January 3, 2025.
What is the market cap of Similarweb Ltd. (SMWB)?
The market cap of Similarweb Ltd. (SMWB) is approximately 1.1B.
What does Similarweb Ltd. do?
Similarweb provides digital intelligence solutions, analyzing website traffic and digital interactions to offer actionable insights.
How does Similarweb generate revenue?
The company primarily generates revenue through SaaS subscriptions for its cloud-based digital intelligence solutions.
Where does Similarweb derive most of its revenue?
The majority of Similarweb's revenue comes from the United States, with additional contributions from Israel, the United Kingdom, Europe, Asia-Pacific, and other regions.
Who uses Similarweb's services?
Businesses, marketers, publishers, and analysts use Similarweb's services to benchmark performance, gain market insights, and optimize digital strategies.
What are some publications that cite Similarweb’s data?
Similarweb's data is often cited in leading publications including Bloomberg Businessweek, TechCrunch, and Adweek.
What recent collaboration has Similarweb entered into?
Similarweb has recently partnered with Dstillery, an AI ad targeting company, to enhance their AI capabilities using Similarweb's data.
What are the benefits of Similarweb’s platform?
Similarweb's platform helps users benchmark against competitors, discover new opportunities, and optimize their digital presence.
What technology does Similarweb use?
Similarweb uses proprietary technology to analyze billions of digital interactions across millions of websites and apps.
What are Similarweb's main products?
Similarweb offers analytics tools for website traffic comparison, market trends analysis, and traffic acquisition strategy development.
How does Similarweb ensure data privacy?
Similarweb collaborates with partners like Dstillery to enhance AI capabilities while respecting privacy concerns and adhering to data privacy laws.