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

CE 100 Index Drops 4.3% as All Pillars Slide and WeWork Faces Lawsuit
CE 100 Index Drops 4.3% as All Pillars Slide and WeWork Faces Lawsuit
September 25, 2023  |  Connected Economy

The CE 100 fell by 4.3% last week, outpacing the broader indices’ decline. The Nasdaq, by way of example, slid 3.5%. All pillars lost ground,...

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Amazon Pushes Shipping Services for Online Merchants
Amazon Pushes Shipping Services for Online Merchants
September 14, 2023  |  Amazon

Amazon is reportedly capitalizing on the void left by Shopify’s withdrawal from shipping services earlier this year. The Buy With Prime service that Amazon launched last year and...

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CE 100 Index Gains 4.2% as Shopping Platforms Surge
CE 100 Index Gains 4.2% as Shopping Platforms Surge
September 04, 2023  |  Connected Economy

All pillars of the CE 100 Index were in positive territory as August ended and opened the door to September trading. The overall index was...

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Amazon’s Linkup With Shopify Uses Logistics to Stitch Together Commerce Ecosystems
Amazon’s Linkup With Shopify Uses Logistics to Stitch Together Commerce Ecosystems
September 01, 2023  |  Amazon

Stitch together eCommerce ecosystem by eCommerce ecosystem and you get a massive ecosystem, as measured by scale. Amazon is partnering with Shopify to allow merchants who pay for Shopify’s eCommerce...

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Amazon Offers ‘Buy With Prime’ Logistics to Shopify Merchants
Amazon Offers ‘Buy With Prime’ Logistics to Shopify Merchants
August 31, 2023  |  Amazon

Amazon and Shopify have announced a new partnership that will allow merchants who pay for Shopify’s eCommerce tools to use Amazon’s logistics network. This means...

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Solana Pay Integrates With Shopify to Enable Decentralized Payments
Solana Pay Integrates With Shopify to Enable Decentralized Payments
August 23, 2023  |  eCommerce

Solana Pay, a decentralized payments protocol built on the Solana blockchain network, has integrated with Shopify, offering millions of businesses a new payment solution. This collaboration...

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CE100 Index Dips 2.6%, Led by Vroom’s Post-Earnings Skid
CE100 Index Dips 2.6%, Led by Vroom’s Post-Earnings Skid
August 14, 2023  |  Connected Economy

Vroom and Roblox were notable double-digit decliners, more than offsetting the positive impact of stock surges seen from the likes of Cogent.  The CE 100...

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CE 100 Index Slips 2.6% as Block and PayPal Drop Double Digits 
CE 100 Index Slips 2.6% as Block and PayPal Drop Double Digits 
August 07, 2023  |  Connected Economy

Earnings were everywhere this past week. And for the CE 100 Index, earnings-related headlines were the sole drivers of stocks to the upside — and...

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Shopify Sees 17% Growth After Dumping Logistics Arm
Shopify Sees 17% Growth After Dumping Logistics Arm
August 03, 2023  |  eCommerce

What happens after a breakup? One would hope that you shed the dead weight and find yourself again.   After offloading its logistic arm and conducting...

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