PYMNTS-MonitorEdge-May-2024

shopify

Shopify Inc. is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario. It is also the name of its proprietary E-Commerce platform for online stores and retail point-of-sale systems.

Source: shopify.com

The Data Point: 61% of Online Sellers Increased Marketplace Usage in the Past Year
The Data Point: 61% of Online Sellers Increased Marketplace Usage in the Past Year
May 16, 2022  |  eCommerce

Amazon, Shopify and others are feeling the sting of slower online sales in early 2022. That’s likely transitory as physical and online retail rebalance for...

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Affirm Surprises Market With Merchant and Customer Growth, Extended Shopify Pact
Affirm Surprises Market With Merchant and Customer Growth, Extended Shopify Pact
May 12, 2022  |  Earnings

After sliding 40% over the past week and 90% in six months, shares of the buy now, pay later (BNPL) provider Affirm saw a 30%...

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Platform Stocks’ Rout Misjudges Realities of the Great Digital Shift
Platform Stocks’ Rout Misjudges Realities of the Great Digital Shift
May 05, 2022  |  eCommerce

There are retracements — when stocks give back some of their gains. And then there are routs. And what we’re seeing right now with the...

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Today in FinTech: Accountable to Expand With Funding; Feds Plan Lending Rules Update
Today in FinTech: Accountable to Expand With Funding; Feds Plan Lending Rules Update
May 05, 2022  |  Fintech Investments

In today’s FinTech news, Accountable has fresh capital for its mission to ease accounting and tax handling for freelancers, while Western Union and PagaPhone are...

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Shopify to Acquire eCommerce Firm Deliverr for $2.1B
Shopify to Acquire eCommerce Firm Deliverr for $2.1B
May 05, 2022  |  Acquisitions

Shopify has agreed to purchase eCommerce fulfillment provider Deliverr in a $2.1 billion deal that is the Canadian company’s largest to date as it continues...

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High Fashion’s Digital Transformation Taking More Measured, Experimental Approach
High Fashion’s Digital Transformation Taking More Measured, Experimental Approach
April 27, 2022  |  Retail

Luxury is tactile, flooding the senses with feel, fit, look and other qualities not well conveyed by eCommerce. Be that as it may, luxury brands...

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Shopify to Power Luxury Brand Lanvin’s Digital Store
Shopify to Power Luxury Brand Lanvin’s Digital Store
April 26, 2022  |  eCommerce

Luxury fashion company Lanvin Group has entered into a commercial agreement with Shopify to build a North America digital platform, a press release said. Lanvin,...

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Today in Retail: Sleep Number Struggles to Meet Demand; Shopify Invests in Crossing Minds
Today in Retail: Sleep Number Struggles to Meet Demand; Shopify Invests in Crossing Minds
April 21, 2022  |  Retail

Today in retail, Sleep Number struggles to meet demand as supply chain issues continue, while Shopify invests in recommendation platform Crossing Minds. Plus, Carvana continues...

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Shopify Invests in Recommendation Platform Crossing Minds
Shopify Invests in Recommendation Platform Crossing Minds
April 21, 2022  |  eCommerce

Recommendation engine Crossing Minds has secured a strategic investment from eCommerce internet infrastructure platform Shopify that makes the portal available to Shopify merchants looking to leverage...

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