It got me thinking, with Microsoft 365 I get access to so many products plus the storage which is an additional benefit. My old files are still in Dropbox, but I am syncing all my newer files in OneDrive. When I upgraded to Office 365 it came with 1 TB of Cloud storage.
Factors that may be allowing them to grow in this cut throat environment.Their competition and how they are differentiating themselves.User growth and a quick take on their financials.But as I was looking at its earnings reports, I was surprised to see that not only is the business surviving, it is growing! In my write-up, I will be delving into the following:
I was of the understanding that soon enough other deep pocketed competitors will drive it out of the market, the company is living on borrowed time and I-will-cross-the-bridge-when-I-come to it. As a user, its magic of file syncing across devices attracted me to it multiple years ago, but as competing products emerged, initially I couldn't be bothered to check what other products had to offer. Dropbox ( NASDAQ: DBX) was not the first company to provide cloud storage and file hosting services, but it was certainly the most innovative.
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