#SocialCommerce / Social Media Network Nextdoor Eyes IPO

Nextdoor Inc., a social media network that is something of a combined Facebook, Craigslist and Yelp and whose members connect only with neighbors, is exploring going public…

Nextdoor describes its business as maintaining an online place “where neighbors come together for trusted connections and the exchange of helpful information, goods and services.”

The company states on its website, “We believe by bringing neighbors together, we can cultivate a kinder world where everyone has a neighborhood they can rely on.”

In April, Nextdoor and Walmart collaborated on a program titled “Neighbors Helping Neighbors.” The initiative’s stated goal is to make it easier for people to shop for food and other items — at Walmart stores — for other people in their communities.

https://www.pymnts.com/news/ipo/2020/social-media-network-nextdoor-eyes-ipo/