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Digital turnarounds take time, and are not guaranteed in a world where Google is dropping AI summaries on the web, Meta's Mark Zuckerberg is spending hundreds of millions of dollars to attract top AI talent, and OpenAI is upending how the very internet works. Still, many digital founders hope for the best when trying to bring a meandering platform back to life.

Nextdoor CEO Nirav Tolia discusses the social network's redesign and new push focusing on local news and alerts. He joins Ed Ludlow on “Bloomberg Tech.

SAN FRANCISCO--(BUSINESS WIRE)--Meet the new Nextdoor - Nextdoor is now more useful, more helpful, and more timely.

TORONTO--(BUSINESS WIRE)--Nextdoor Holdings, Inc. (NYSE: KIND), the essential neighbourhood network, today released the new Nextdoor, the most consequential redesign of its core product to date. Focused on three fundamental neighbourhood needs—Alerts, News, and Faves—the new Nextdoor experience is more useful, more helpful, and more timely, meeting the evolving needs of neighbours everywhere. We're also excited to introduce advertising in Canada for the first time, offering businesses of all si.

SAN FRANCISCO--(BUSINESS WIRE)--Nextdoor announces ticker symbol change to NXDR and Q2'25 financial results date.

Nextdoor's hyper-localized user base, ample cash reserves, and upcoming NEXT platform offer high upside potential despite ongoing monetization and profitability challenges. The NEXT platform aims to boost engagement and local news content, addressing a gap left by declining community newspapers and potentially driving sustained user growth. Hyper-localized advertising could yield better conversion rates, and AI-driven improvements may enhance monetization, but execution risk remains significant.

This is the ideal market environment for Cathie Wood. Stocks are rallying, and the founder, CEO, and chief investment officer of the Ark Invest family of exchange-traded funds (ETFs) is at her best when high-beta stocks are moving higher.

RDDT's momentum builds with AI features and rising advertiser interest, while KIND trails in revenue and user gains.

Nextdoor Holdings, Inc. trades near cash value, presenting a compelling risk/reward as it prepares to launch its transformative NEXT platform. Management paused monetization and user growth to focus on NEXT, temporarily depressing revenue but setting up for a major turnaround. NEXT aims to deliver hyper-local content, professional news, and AI-driven recommendations, addressing past engagement and monetization challenges.

SAN FRANCISCO--(BUSINESS WIRE)--Nextdoor Foundation announces surprise grants to 100 volunteer fire departments to support their critical role in neighborhoods throughout the U.S.