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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

Post by Possibleidiot01on Dec 25, 2023 5:28am
501 Views
Post# 35799998

Gordon Pape - comeback stock of year

Gordon Pape - comeback stock of year Gordon Pape • 3rd+ Acclaimed Author and Editor of Canada’s Most Highly Regarded Investing Newsletters
 
 
For my last post, I shared Part I of my Best and Worst of ’23 awards. They were well received, and something tells me Part II will attract even more engagement.

Look Back Part II

White Collar Crook of the Year: Sam Bankman-Fried. Following the epic collapse of FTX, the one-time darling of the crypto world was convicted of seven counts of fraud, conspiracy, and money laundering in November. He’ll be sentenced in March.

Breakthrough of the Year: Artificial intelligence. Developers have been working on it for years. It all became real in 2023, as students used ChatGPT to write essays and Sports Illustrated used it to replace reporters. Last week Alphabet unveiled its new generative AI model, called Gemini. It accepts multiple types of data as inputs, combining text, images, audio, video, and programming code. Whose job is safe?

Scapegoat of the Year: Grocery CEOs. Rightly or wrongly, they became the face of greed for many Canadians in 2023. People were fed up with price increases in produce, meat, and just about everything else. Politicians saw easy pickings and hauled the CEOs before Parliamentary committees to harass them. Sacrificial lambs for an angry populace. The folks who control dairy and poultry prices were left in quiet anonymity.

Comeback of the Year: Shopify. After the stock dropped about 80% in 2022, investors were concerned they had another Nortel or BlackBerry on their hands. Not this time. The company’s innovative approach to empowering small businesses is resonating globally, making it a driving force in the ever-evolving world of online commerce. The stock rebounded, up 108% for the year as of the time of writing.

Financial Person of the Year: Tiff Macklem. The Governor of the Bank of Canada presents a benign exterior. But underneath, he’s the devil in disguise. At least, that’s how homeowners with variable rate mortgages saw him every time the central bank ratcheted up rates another notch. Yes, it was all in the laudable fight to tame inflation. But that wasn’t much consolation when the monthly mortgage bill soared into the stratosphere.

hashtag2023year hashtagLookBack hashtagWhatAYear


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