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Dropbox Reports First Quarterly Profit

By
Kevin McLaughlin
· · Source: The Information

Dropbox reported its first-ever profit during its fiscal first quarter, as the shift of companies working from home during the Covid-19 pandemic is driving more usage of its paid products, including its desktop application and digital signature service. CEO Drew Houston said the promising quarter also shows how the company’s investments in buying and building premium services are coming to...

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