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Th_EO

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Tuesday, 02/28/2023 12:13:50 AM

Tuesday, February 28, 2023 12:13:50 AM

Post# of 2971
Block continues to scale up Square and Cash App, and just reported a 40% increase in gross profit. The company is also making progress in making its services stickier. For example, 44% of Square's gross profit came from sellers that used four or more monetized products, while Cash App grew its monthly transacting user base to 51 million, with two-thirds of those users using it weekly.
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