Canadian e-commerce juggernaut Shopify (NYSE: SHOP ) is on a stellar run, one that's eliciting calls of "story stock" status. With the shares higher by almost 52% over the past month, those calls are proving accurate.
With a market capitalization of $90.15 billion as of the May 14 close and using Amazon.com (NASDAQ: AMZN ) as the comparison, Shopify could have plenty of growth ahead of it. E-commerce and online shopping sure do .
Not to change the topic here:
Pinterest launches new app with Shopify - Furniture Today
Pinterest has partnered with Shopify to launch an app that makes it easier for merchants to create shoppable pins, update products and interface with ads.
"Shopify is the perfect partner for bringing catalogs, product pins and shopping ads to merchants so they can get in front of the millions of people looking for unique products that match their taste," said Jeremy King, Pinterest senior vice president of technology. "Merchants are adapting to new realities and looking ahead to the future of retail, which is why we’re focused on making both our ads and organic features available and impactful to businesses of all sizes."
Five things investors can look for to find the next Shopify | Financial Post
Corporate Development Manager at Shopify | BoF Careers
Shopify has redefined commerce, raising the standard for how businesses of all sizes operate, market, and sell their products and services. With over one million merchants in more than 175 different countries, powered by the most innovative commerce platform on the market, we continue to grow rapidly while constantly looking for new ways to impact and disrupt markets.
We're looking for a Corporate Development Manager who has passion for startups, entrepreneurship, technology, and products. Working alongside Shopify's leadership and executive teams, the Corporate Development Manager is responsible for identifying disruptive commerce experiences and accelerating Shopify's product roadmap through acquisitions and investments.
Quite a lot has been going on:
Pinterest launches app for Shopify sellers – turning products into shoppable pins | Retail
Pinterest are set to streamline its process for retailers to upload Shopify catalogs and turn products into shoppable product pins. The Pinterest app on Shopify includes a selection of shopping features like tag installation, catalog ingestion, automatic daily updating of products, and an ad-buying interface.
The app automatically creates a connection between an individual store and Pinterest, removing the need to edit code or add development resources. Once installed, the app will allow a retailer to deploy a tag on their website, upload their product catalog and publish in-stock product pins. A shop tab on the Pinterest profile of participating retailers will serve as an additional discovery tool.
Nosto Named Preferred Personalization Provider for Shopify Plus With Announcement of New
AI-powered ecommerce experience platform is identified as best-in-class personalization technology for Shopify Plus merchants
Nosto, the world's leading AI-powered commerce experience platform, has been named by Shopify Plus as the preferred personalization app with the launch of its new Certified App Partner Program. Nosto has helped drive an average growth rate of 126% year over year for Shopify Plus and Shopify merchants and has helped them generate $5.21 billion in online sales overall.
E-commerce company Shopify beats TCPA lawsuit over marketing texts - Reuters
A federal judge in Oakland, California on Wednesday granted Shopify’s motion to dismiss a proposed class action under a federal robocall law filed by a man who received two spam text messages after making a purchase on a website that uses the e-commerce company’s platform.
U.S. District Judge Haywood S. Gilliam on Wednesday dismissed the lawsuit, ruling the man’s complaint alleging the Canada-based company directly participates in unauthorized text marketing campaigns to consumers’ cellphones fails to plead sufficient facts to show Shopify sent or was directly involved with sending the texts.
Shopify CEO says retail changes expected in 2030 are happening today - Business Insider
The coronavirus outbreak is accelerating the growth of e-commerce, bringing changes that were expected in 2030 to today's market, according to Shopify CEO Tobi Lutke.
That's a huge opportunity for a company like Shopify, which sells the software tools needed to open online shopping sites across multiple channels. But it's also causing e-commerce software to appear 10 years behind market needs, Lutke said during Wednesday's earnings call.
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