Recurly Releases its 2024 State of Subscriptions Report
SAN FRANCISCO – January 23, 2024 – Recurly, a leading subscription management and billing platform, today announced the release of its highly anticipated 2024 State of Subscriptions report. Drawing on data across millions of subscribers and billions of transactions, this report reveals benchmarks and trends and then pairs them with best practices to help subscription businesses drive strong growth strategies in the coming year.
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Recurly Recovers $1.2B in Subscription Revenue for its Customers in 2023
Recurly, a leading subscription management and recurring billing platform, today announced that it successfully recovered a whopping $1.2 billion in subscription revenue in 2023 for its customers around the globe.
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Recurly welcomes Joe Rohrlich as CEO
Recurly, a leading subscription management and billing platform, announces the appointment of Joe Rohrlich as its new Chief Executive Officer (CEO). With an impressive track record and proven leadership, Rohrlich assumes the role of CEO at Recurly, bringing a wealth of experience in scaling technology companies and a demonstrated ability to accelerate growth.
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Failed payments could cost subscription companies more than $129B in 2025
SAN FRANCISCO – January 9, 2024 – The global subscription industry continues to grow with a projected market value of $1.5 trillion by 2025, but one challenge continues to plague many leading subscription companies—subscriber churn. The complexities of recurring billing and payments can leave some companies with a proverbial “leaky bucket,” leaving a projected estimate of $129 billion on the table from involuntary churn alone in 2025.
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Failed payments could cost subscription companies more than £102B in 2025
LONDON, UK - 9 January 2024 – Recurly: The global subscription industry continues to grow with a projected market value of $1.5 trillion (£1.2 trillion) by 2025, but one challenge continues to impact many leading subscription companies - subscriber churn. Through the complexities of recurring billing and payments, businesses are estimated to leave a projected £102 billion on the table from involuntary churn alone in 2025.
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Consumers Subscribe to Health in 2024
SAN FRANCISCO – Dec. 20, 2023 - Just in time for New Year’s resolutions, Recurly releases new consumer research showing the impact of subscriptions on the health and wellness journey of American consumers.
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Recurly Joins Braze Alloys Partner Program
SAN FRANCISCO - November 29, 2023 – Recurly, a leading subscription management and billing platform, today announced that it has joined the Braze Alloys program as an official technology partner. By joining Braze Alloys, Recurly becomes part of a curated ecosystem of best-in-breed technology and solutions partners capable of helping to integrate, customize, and amplify customer engagement capabilities.
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Younger Consumers Spearhead Shift Toward Subscription-Based Gifts This Holiday Season, New Survey Shows
SAN FRANCISCO - September 19, 2023 -The holiday shopping season is revealing a fresh trend led largely by younger consumers: the pivot toward subscription-based gifts. As a difficult economy forces consumers to tighten their belts, Gen Z and Millennials are turning to subscriptions as a way to give meaningful gifts on a budget. This is among the key findings from Recurly’s new consumer report, “Unwrap the Subscriptions: 2023 Holiday Trends.”
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Stockings shift toward subscriptions this holiday season for UK shoppers
London, UK – 19 September 2023 - Food & beverage boxes and video streaming services are predicted to be popular presents this Christmas as consumers look to subscriptions to make their gifts go further amid cost of living crisis.
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Stay another day: citizenM and Recurly partner to offer subscription service
LONDON, UK 13 SEPTEMBER 2023 - Recurly, a leading subscription management and billing platform, today is proud to announce its relationship with global hotel and lifestyle brand citizenM to enhance its mycitizenM+ guest subscription service worldwide.
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