E-commerce platform Shopify ( SHOP ) joined the $1,000 per share club last week, symbolically reaching the landmark on Canada Day. The Ottawa-based company has delivered a strong performance in 2020, with shares up by a remarkable 159% year-to-date. Given this impressive rally, should investors reduce exposure to the e-commerce highflyer?
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While the lofty valuation is "still the biggest investor pushback," the 5-star analyst believes there still remains a large untapped TAM (total addressable market) that Shopify has yet to penetrate.
Not to change the topic here:
Attentive Announces Shopify Plus Certified App
The Shopify Plus Certified App Program is for best-in-class technology solutions chosen for their quality and alignment with Plus merchant needs.
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"The Shopify Plus Certified App program is designed to meet the advanced requirements of the world's fastest growing brands," said Loren Padelford, GM at Shopify Plus. "We're happy to welcome Attentive to the program, bringing their insight and experience in messaging and notifications to the Plus merchant community."
In a stock market teeming with bloated valuations, this could be 'the most expensive stock
Nortel, Research In Motion/BlackBerry, Valeant — "the history of being the largest growth stock in Canada has not been great for shareholders," says Ritholtz Wealth Management's Josh Brown, who admits that he's "just a little bit kidding" with that shot at our neighbors to the north.
But the "Reformed Broker" blogger is not kidding when he says that Ottawa-based Shopify SHOP, +4.57% is looking extremely top-heavy.
Chipotle-Shopify Tie-Up to Launch Virtual Farmers Market
Chipotle Mexican Grill, Inc. CMG recently partnered with Shopify Inc. SHOP to launch improved versions of e-commerce sites for its farmers. The move will help farmers in selling meat, dairy and grain products, and other items directly to consumers across the country.
This initiative will be of great help during the coronavirus pandemic as farmers are facing declining demand due to closure of restaurants, hotels and schools. The Chipotle Virtual Farmers' Market will provide Chipotle's suppliers a new stream of revenues.
While you're here, how about this:
Shopify's Delayed 2020 Versioning Now Taking Effect | ProgrammableWeb
Shopify introduced versioning to its API strategy in April of 2019. Its goal was to improve stability and predictability across its API portfolio. Its versioning strategy applies across Shopify's entire API offering .
Like many businesses, Shopify amended its 2020 plans in response to COVID-19 pressure. Accordingly, deprecations originally scheduled for April 1, 2020, were pushed back three months. That three month window is now up. The following changes are now in effect:
Shopify (SHOP) Up on Walmart Deal, Takes the Fight to Amazon
iPad POS Software Market Current And Future Industry Trends, 2020 – 2026 | Shopify POS,
Global iPad POS Software Market trends analysis report 2020 the future of the industries is predicted on the basis of the current scenario, income, and growth opportunities. An assortment of graphical introduction systems is utilized to show the realities. In the end, we examine some inside and outside variables that drive or breaking point the iPad POS Software Market.
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https://www.marketinsightsreports.com/reports/06172097559/covid-19-outbreak-global-ipad-pos-software-industry-market-report-development-trends-threats-opportunities-and-competitive-landscape-in-2020/inquiry?mode=51
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