Squarespace Agrees to Sell Tock Platform to American Express for $400 Million [Yahoo! Finance]
American Express Company (AXP)
Last american express company earnings: 4/24 07:00 am
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ir.americanexpress.com
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Source: Yahoo! Finance
online, today announced an agreement to sell Tock, the reservation, table, and event management technology provider, to American Express (NYSE: AXP) for $400 million "American Express has demonstrated its commitment to the hospitality industry, and we believe that as part of American Express, Tock will deliver enhanced value to our customers through access to a broad network of diners," said Matthew Tucker , Head of Tock. "We appreciate American Express' recognition of Tock's exceptional products, experienced team, and our first-rate customer base. We look forward to working together to broaden American Express' world class dining program and are excited by the tremendous opportunity to continue to innovate on behalf of our customers as part of American Express. We are also deeply appreciative of Squarespace's support of Tock's vision and its commitment to the business over the past three years." "Since adding Tock as a Squarespace company in 2021, we have been honored to partner
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