Shopify saw continued acceleration in Shop Pay and faster checkout, and growth in its merchant base as a strong holiday shopping season drove results. But investors fled the stock Tuesday morning on the heels of guidance that pointed to rising operating costs. They sent the stock...
Shopify is shining a light on its role in the online payment industry. During its recent earnings call held Friday (Nov. 3), the company shared that 58% of its users prefer to use Shopify Payments, their in-house payment solution. “That is an all-time high in...
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 layoffs, Shopify has successfully done so and has redirected its attention towards its primary objective: creating eCommerce platforms for a...
Shopify, a Canadian eCommerce company, beat earnings expectations this quarter, according to a quarterly earnings call. Despite that, company stocks dropped on Tuesday, likely because the call didn’t do enough to counter accusations made in a Citron Research report released earlier this month. Shopify CEO...
February 13, 2024
Shopify saw continued acceleration in Shop Pay and faster checkout, and growth in its merchant base as a strong holiday shopping season drove results. But investors fled the stock Tuesday morning on the heels of guidance that pointed to rising operating costs. They sent the stock lower by as much as 8% at the opening of […]
May 15, 2024
Shopify and Astound Digital have partnered to improve retailers’ digital commerce efforts. Through the partnership, the companies aim to offer retailers higher conversion rates and lower costs, as well as better customer satisfaction, according to a Wednesday (May 15) news release. By combining Astound’s digital commerce experience with Shopify’s unified commerce platform, the companies said they look forward […]
November 01, 2017
Shopify, a Canadian eCommerce company, beat earnings expectations this quarter, according to a quarterly earnings call. Despite that, company stocks dropped on Tuesday, likely because the call didn’t do enough...
