Squarespace agrees to sell tock platform to american express for $400 million

New york , june 21, 2024 /prnewswire/ -- squarespace (nyse: sqsp), the design-driven platform helping entrepreneurs build brands and businesses online, today announced an agreement to sell tock, the reservation, table, and event management technology provider, to american express (nyse: axp) for $400 million. "american express has demonstrated its commitment to the hospitality industry, and we believe that as part of american express, tock will deliver enhanced value to our customers through access to a broad network of diners," said matthew tucker, head of tock.
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