Lately, Shopify (SHOP) is firing on all cylinders. The company announced a series of new features on its May 20 Reunite event, together with a new partnership with Facebook.
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On May 20th Shopify announced a series of new features to help small businesses grow. These new and upcoming features are:
Shopify Local Delivery app: Businesses have now the possibility to offer local delivery at checkout for customers nearby. This feature rides the Covid-19 trend, in which people need to spend locally to comply with restriction orders.
While you're here, how about this:
How Shopify is Taking on Amazon as the E-Commerce Leader - Power Retail
Shopify has a plan for small to medium online retailers and is looking to quash Amazon in the bid for e-commerce leadership.
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This month alone, Shopify unveiled the launch of its new partnership with Facebook, another strategic partnership with CoinPayments and the launch of its Reunite event.
Amid the pandemic, Shopify has debuted a series of services that aim to further infiltrate the e-commerce world, and possibly quash the likes of Amazon in the process.
Top Analyst Reports for Alibaba, Chevron & Shopify
The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Alibaba Group (BABA), Chevron (CVX) and Shopify (SHOP). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.
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Alibaba shares have lagged Amazon (AMZN) only modestly over the past year (+31.5% vs. +33.5%), but the underperformance is far more pronounced in the year-to-date period (-3.9% vs. +31.7%), likely reflecting a 'China discount'. Overall, the company remains a standout performer.
Blogging for Shopify: A unique SEO approach
One of the most common opportunities we see for Shopify stores is to create blog content for SEO. Often, we see that Shopify sites are targeting keywords with informational intent with transactional pages. This creates a discrepancy between what content the store has and what Google is "willing" to rank. The result is that the Shopify store doesn't have pages to support the intent of the keywords. In this post, we'll talk about ways you can identify and fix this discrepancy.
In case you are keeping track:
Shopify's push into finance: Opportunity or threat to banks?
F|T: The FinTech Times - Shopify strikes a balance | BetaKit
“Like many businesses, we’ve had to make some tough calls in recent weeks,” the company said.
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In Canada, 7 in 10 financial decision-makers are responsible for driving digital transformation in their business. It has never been more important for Finance Leaders to stay informed with the latest trends impacting their role, company, and industry.
The company first pitched the market with an investment management service like those from Betterment and Wealthfront, but one where customers could choose their own fees.
Shopify Q1 2020: Strong subscriptions growth bolsters revenue | ZDNet
Shopify has pledged to redirect investments to assist merchants during the COVID-19 pandemic while also reporting strong Q1 results.
The e-commerce giant reported total revenue for Q1 2020 of $470 million, a 47% percent increase year-over-year. Net loss was $431.4 million or $0.27 per share. Adjusted, non-GAAP net income was $22.3 million, or $0.19 per share, in comparison to $7.1 million -- or $0.06 per share -- in Q1 2019.
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