Nextdoor Investor Presentation Deck
Q1'23 highlights
16%
YoY WAU growth
>70%
of VNs in the U.S. joined
organically
~90%
Retention of top 50
advertisers
Verified Neighbors and WAU as of 3/31/2023.
Advertiser retention based on a trailing twelve month period.
2.5M global WAU added QoQ, with >2M in the U.S.
Global sessions¹ growth accelerated 10 points YoY
~50% of VNs are active weekly, ~50% of WAU are actively daily
>60% of spend toward Direct Response campaigns²
International revenue is showing momentum, with 38% YoY growth
Cash balance of $575M will fund long-term growth
Sessions are defined as the period of time a user is active on the site or app and views at least one piece of content. If a
user is inactive for 5 minutes or more, any future activity is attributed to a new session.
2. Direct response spend mix based on data from advertisers who report campaign objectives.
1.
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