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 > One more thing

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Comment by AlwaysLong683on Feb 17, 2023 10:31pm

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Post# 35293299

RE:One more thing

SadieLadyCO wrote: How many companys you know of that has billions of dollars in rev and trades this low. The price should be back into the $75 to $85 range.

It's about profitability.

GM was generating huge revenues when it had to be bailed out by both the US and Canadian government during the financial crisis of 2007-2009.

Chrysler, same thing.

Ford did not want or need a bailout, but was forced to take it by the Bush Administration for fear the American people would feel (rightly so) that GM and Chrysler made their own bed and should sink or swim without taxpayer money since Ford was in the same business and was fine financially due to better fiscal management.

Same happened to the American banks, with some not needing bailout money but forced to take it anyway because it would make the banks that did need it to survive look like they mismanaged their books or took on excessive risk (which they in fact did).

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Geologica Resource: Polymetallic upside at a depressed price