This website stores cookies on your computer. These cookies are used to improve your website experience and provide more personalized services to you, both on this website and through other media. To find out more about the cookies we use, see our Privacy Policy. We won't track your information when you visit our site. But in order to comply with your preferences, we'll have to use just one tiny cookie so that you're not asked to make this choice again.

Dropbox looks to push user subscriptions before possible IPO

Dropbox Inc introduced a new cloud-based file-sharing option for individual business users and a new feature for marketing and creative workers to share projects, seeking to lure more paying customers ahead of an expected public share sale.

 

Dropbox Professional is a new tier in the company’s list of paid subscription plans and is intended for independent workers, while the existing Dropbox Business service is priced for teams or companies, said senior director of product management Robert Baesman.

The new Professional version goes on sale Tuesday for $19.99 a month per user, compared with $12.50 a month for the Business tier, which requires purchasing multiple subscriptions.The new option includes Dropbox Showcase, which lets designers, marketers and other employees organize all their work into a single portfolio with branding, captions and layouts. Showcase then lets them track whether the client receiving the portfolio looked at it, interacted with it or shared it.

Dropbox could file its initial public offering documents as soon as this year, people familiar with the matter said in July. The San Francisco-based company is a major seller of software for file-sharing and synchronizing, but is trying to boost revenue by providing new programs that help workers create, edit, share and track work projects. It’s a market that will put Dropbox even further into competition with companies like Google and Microsoft Corp.

Source: indianexpress

Share This Post

related posts

On Top