Welcome to our dedicated page for Verb Technology Company news (Ticker: VERB), a resource for investors and traders seeking the latest updates and insights on Verb Technology Company stock.
Verb Technology Company, Inc. (Nasdaq: VERB) is a pioneer in interactive video-based sales applications, revolutionizing how businesses attract and engage customers. With a global reach extending to over 60 countries, VERB's Software-as-a-Service (SaaS) platform delivers a comprehensive suite of subscription-based sales enablement software. Key products include:
- verbLIVE: An interactive livestream ecommerce, shoppable video, and webinar solution.
- verbCRM: A customer relationship management tool.
- verbTEAMS: A self-onboarding version of verbCRM, optimized for small businesses with salesforce synchronization.
- verbLEARN: A learning management system designed for corporate training and education.
Headquartered in Las Vegas, NV, Verb Technology operates creator studios in Los Alamitos, CA, and Philadelphia, PA, making it a central hub for the convergence of ecommerce and entertainment. The company's flagship platform, MARKET.live, is a multi-vendor, multi-presenter, livestream social shopping destination. MARKET.live enables brands, retailers, creators, and influencers to monetize their fanbase across social media channels like TikTok, Facebook, and Instagram. Recently, VERB integrated a seamless native checkout process for Meta platforms, expanding MARKET.live's audience and enhancing value for its users.
In terms of financial health, VERB recently reported cash and cash equivalents of approximately $14.2 million with notes payable of around $1.2 million, marking a significant improvement from previous periods. This financial stability has solidified the company's ability to continue operations for at least the next 14 months, subject to revenue generation.
VERB's ongoing partnerships and technological innovations position it as a leader in interactive video-based sales. The company also offers a variety of services including B2B telesales, sales promotions, event marketing, and door-to-door campaigns. A recent surge in retailers joining MARKET.live, along with partnerships like the one with TikTok, underscores MASSIVE growth potential and strategic initiatives aimed at expanding and enhancing ecommerce capabilities.
For more detailed information, visit VERB.tech and MARKET.live or follow their social media channels.
Verb Technology Company (VERB) continues to lead the direct selling industry with its sales enablement platform. In the April 2023 issue of Social Selling News, VERB was ranked #1 for the third consecutive year, boasting 153 direct sales clients—more than its next two competitors combined. The company’s SaaS platform offers interactive video-based applications, including verbCRM, verbLEARN, verbLIVE, and verbPULSE, all geared towards enhancing sales efforts. CEO Rory J. Cutaia expressed excitement over the recognition and highlighted strong recent client wins, anticipating substantial growth in 2023. Verb's platform serves hundreds of thousands globally, showcasing its significant reach and impact in the market.
Verb Technology Company (Nasdaq: VERB) has completed an investigation revealing evidence of potential illegal naked short selling of its shares. The investigation, which began following unusual trading patterns detected on January 23, 2023, has identified 16 financial services firms involved in these activities. CEO Rory J. Cutaia announced the findings and mentioned that the company is cooperating with regulatory bodies to address these concerns. The company intends to share intelligence and resources with other affected entities to combat these trading malpractices. As a leader in interactive video-based sales applications, VERB focuses on transforming customer engagement through its MARKET.live platform, enhancing its position in the e-commerce sector.
FAQ
What is the current stock price of Verb Technology Company (VERB)?
What is the market cap of Verb Technology Company (VERB)?
What does Verb Technology Company, Inc. do?
What are some key products offered by VERB?
Where is Verb Technology Company located?
What is MARKET.live?
How financially stable is Verb Technology?
What recent partnerships has VERB formed?
How does VERB support small businesses?
What services besides software does VERB offer?
Who are the target users for VERB’s MARKET.live platform?
Where can I find more information about VERB and MARKET.live?
