Dropbox Inc beat analysts’ estimates for third-quarter revenue and profit on Thursday, as the online file hosting company signed up more individual and business customers to its platform. Dropbox, which competes with Alphabet Inc’s Google, Microsoft Corp as well as Box Inc, has relied on its “freemium” model to attract more customers. It acquired e-signature company HelloSign earlier this year and has partnered with rivals Microsoft and Google’s file storage platforms, aiming to expand its reach and convert free users to paid customers. …read more
Source:: Yahoo Finance
