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Shopify Subordinate Voting Ord Shs Class A T.SHOP

Alternate Symbol(s):  SHOP

Shopify Inc. (Shopify) is a Canada-based global commerce company. The Company provides essential Internet infrastructure for commerce, offering tools to start, grow, market and manage a retail business of any size. It provides platforms and services that are engineered and delivers a shopping experience for consumers online, in store and everywhere in between. Its software enables merchants to run their business across all of their sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. The Company's Shopify platform provides merchants with a single view of their business across all of their sales channels and enables them to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics and reporting, and access financing, all from one integrated back office. The Shopify's platform operates across 175 countries.


TSX:SHOP - Post by User

Comment by thebrownderekon May 20, 2016 1:34pm
210 Views
Post# 24893087

RE:Shopify Stock price and Wall Street opinions

RE:Shopify Stock price and Wall Street opinionsMainman, I've been a long-time lurker, and just wanted to say I always enjoy your posts. The shopify ride has been rough lately, but in my opinion, it's time to hang tough!

I can't pretend that I'm up on the competition, but perhaps he felt a lot of pressure from competitors and wanted to stake out a better market share??

There appears to be enough institutional interest with firms staking out large claims, probably due to outperforming growth in subscriptions, that a large downside would be surprising. Through my own facebook surfing and app usage, I've seen a strong advertising presence and a lot of positive feedback from users, which is very encouraging. Even symmetry with the name Spotify offers a ring of familiarity to the average person. Given the trajectory of online shopping trends, if Shopify succeeds in becoming the go-to retailing platform, it seems that either a very premium buy-out will be placed on the table (if re can all recall the Google rumours), or the company will experience growth in market share in lockstep with the growth in online shopping (speculatively, of course)

GLTA

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