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Revenue, customer growth returns Semrush to profitability in Q3

Search Engine Land

With customer and revenue growth hitting new highs in Q3, Semrush achieved its first profitable quarter since Q1 2021. Also: 20% growth in customers who pay more than $10,000 annually. 987,000 registered free active customers (up 25%) Price increases starting. Semrush’s third quarter revenue was $78.7

Growth 100
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Ecommerce spending broke holiday records in 2021

Martech

Online shoppers saw over 6 billion out-of-stock messages during the 2021 holidays, according to the Adobe study. In the electronics category, for instance, discounts were only 8% off the full price, compared to an average of 21% off in 2020. Computers saw a 10% discount in 2021 compared to 22% off in 2020. Less discounting.

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We’re All Paying the Price Now for Massive Overhiring

SaaStr

So our economy is going through some unpredictable transitions, with Cloud and SaaS companies powering through with still-strong growth and unemployment remaining at near record lows, while inflation, interest rates and more batter us at the same time. In some cases, yes companies just planned for growth that never came.

Price 109
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Black Friday sales up nearly 12% from 2021

Search Engine Land

compared to 2021, according to a report by Sensormatic Solutions. compared to Black Friday 2021, Bloomberg reports. The post Black Friday sales up nearly 12% from 2021 appeared first on Search Engine Land. Interestingly, visits to physical stores on Thanksgiving Day increased by 19.7% compared to last year. USD or $105.10

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5 Interesting Learnings from Rubrik at $784,000,000 in ARR

SaaStr

So it’s been a long IPO drought since HashiCorp was the last IPO of the Boom Times in December 2021. But they are ar $780,000,000+ in ARR, with an 86 NPS and strong revenue growth at 29% overall and 49% in subscriptions (yes, it’s confusing). 500m+ ARR, with ~50% growth? Is this the new bar to IPO in SaaS?

Price 91
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What the 2021 Holiday Shopping Season Tells Us About 2022

Salesforce

In 2021, online holiday sales across November and December rose 5% year over year worldwide to $1.14 While this growth seems relatively modest, remember that it was on top of the massive growth witnessed in 2020. See our breakdown of the 2021 holiday shopping season. trillion and 9% in the U.S. to $257 billion.

Retail 93
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It Was an IPO-a-Day in 2021. We’ve Never Seen That Before

SaaStr

The Wall Street Journal had a great summary of IPOs in 2021 and before. Much as Unicorn creation more than doubled in 2021, so did IPOs: There’s a lot you can read into this: * First, it’s good IPOs grew as quickly as Unicorns were minted , more or less. So it’s good to see this growth in IPOs in 2021.

Niche 107