US EditionNextdoor Social Site, Looking for a Revival, Pins Hopes on Partnership with Local News Providers
UNITED STATES, JUL 15 – Nextdoor aims to increase app use by adding local news, emergency alerts, and AI chatbot features amid slowed revenue growth and a 25% staff reduction in 2023.
- Nextdoor Holdings, Inc. released the new Nextdoor platform today with a major redesign and a partnership with over 3,500 local news providers.
- The company faces slowed revenue growth, losses, and past issues with harmful content, compelling leadership to rebuild trust and engagement.
- The updated app offers hyperlocal news, over 50,000 stories at launch, AI-driven recommendations, and support from nonprofit news organizations.
- Nextdoor reported $54 million revenue in the first quarter, a 2% increase year-over-year, but a $22 million net loss, with a healthy $418 million cash reserve.
- The relaunch aims to make Nextdoor essential daily for roughly 25 million weekly users by strengthening local community connections and news access.
42 Articles
42 Articles
Associated Press News
Nextdoor social site, looking for a revival, pins hopes on partnership with local news providers
The neighborhood social site Nextdoor is hoping for a revival by turning to local news providers. As part of a redesign of the social media site, Nextdoor is partnering with more than 3,500 local news outlets to use their material.
Nextdoor, the social media site that seeks to create connections between neighbors, is trying to leave behind an irregular past and a persistent feeling that it is underutilized. How? It is turning to professional journalists for help.
Meet the new Nextdoor: more useful, more helpful, and more timely - Alachua Chronicle
Focused on three fundamental neighbor needs—Alerts, News, and Faves—the new Nextdoor experience is more useful, more helpful, and more timely, meeting the evolving needs of neighbors everywhere. The post Meet the new Nextdoor: more useful, more helpful, and more timely appeared first on Alachua Chronicle.
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