Shopify Subordinate Voting Ord Shs Class A T.SHOP

Alternate Symbol(s): SHOP

Technology Information Technology Services

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.

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Shopify Subordinate Voting Ord Shs Class A

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Post by Lisaslabon Sep 18, 2022 10:00am

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Canadian e-commerce company

n detail, Shopify reported a 2nd quarter 2022 loss of $0.01 per share, with revenue of $1.3 billion. Versus, Wall Street’s consensus earnings estimate of $0.03 per share, with revenue of $1.8 billion. Additionally, the company notched in a revenue increase of 16% during the same period, in 2021. Moreover, the company reported that its subscription solutions revenue was up 10% year-over-year at $366.4 million for the quarter.

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