LEXINGTON, Ky. — The Kentucky Small Business Development Center announced an e-commerce initiative with the support of the leading global e-commerce platform, Shopify, in an effort to assist in the online presence of Kentucky small businesses. Entrepreneurs and business owners can expect a series of free webinars, tools, training, and tutorials that will present great potential for online success — a necessity during the COVID-19 pandemic and beyond.
Not to change the topic here:
Internet infrastructure firm Cloudflare says some customers, including Shopify and Discord, are
Internet infrastructure firm Cloudflare said it was in the process of applying a fix after a number of its customers began "experiencing issues" on Friday.
Disruptions percolated across the web late afternoon in the United States and Europe, hitting chat app Discord and retail site Shopify, among several others. Discord said in a message posted to Twitter that "an upstream internet issue" was to blame.
A selloff is fracturing the tech market — and Shopify may be on the wrong side of it |
Technology stocks are finally showing their first signs of weakness after a four-month rally took their prices and valuations into nosebleed territory, but market watchers don't believe a bubble is popping.
Instead, as Gene Munster, founder of venture capitalist Loup Ventures LLP, puts it, this correction is leading to a fracturing of the tech market since not all of them are being bludgeoned in the selloff.
For example, the Nasdaq composite index is down about 3.5 per cent from its Monday highs, and names such as Apple Inc. and Alphabet Inc. are in line with those losses. But former market hotshots Shopify Inc., Fastly Inc. and Zoom Video Communications Inc. have each shed between 12 and 19 per cent of their value. Even Amazon.com Inc. is approaching a 10-per-cent loss.
Shopify Evolving Into World's First Retail Operating System
"Shopify is evolving into the world’s first retail operating system," says Shopify COO Harley Finkelstein. "We think the future of retail is retail everywhere. A brand that’s going to be successful in 5, 10 or 15 years from now needs to sell across any platform and across any channel where they have customers. The idea is that it all feeds back in one centralized back-office, the retail operating system, which is Shopify."
In case you are keeping track:
Is Shopify the greatest Canadian tech success ever? - Cantech Letter
Quick, name the greatest Canadian tech company ever. Did you say BlackBerry? Many did, and why not. They basically invented the smartphone. What about Nortel, a stock that once accounted for 36 per cent of the value of the entire Toronto Stock Exchange? Another good choice, despite the way things ended.
But there’s a new contender, of course, and at least one observer thinks it is right at the top of the list.
"Shopify is probably the greatest Canadian tech success story in history, a very exciting company," says Jamie Murray, head of research for the Murray Wealth Group.
Are Canadian tech stocks (including Shopify) actually still undervalued? - Cantech Letter
Those high-flying Canadian tech stocks? National Bank Financial analyst Richard Tse has crunched the numbers and concluded that, for some cases, at least, valuations are not that stretched.
Tse issued an industry research note to clients on Monday in which he raised his target on Docebo ( Docebo Stock Quote, Chart, News TSX:DCBO ), Shopify ( Shopify Stock Quote, Chart, News TSX:SHOP ) and Real Matters ( Real Matters Stock Quote, Chart, News TSX:REAL ), arguing that his reassessments point to strong growth on a longer-term horizon.
Global Ipad Pos Software Market 2025 Top Manufacturers Includes -Gofrugal Technologies, Shopify,
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Happening on Twitter
The Paycheck Protection Program helped 48,000 Kentucky small businesses. From coast to coast, small businesses rece… https://t.co/NLn66REFM0 senatemajldr (from Washington, DC) Wed Jul 15 18:26:30 +0000 2020
Now is the time for Kentucky to reinvest in resources that help our entrepreneurs, innovators, small businesses and… https://t.co/XevbRWmP6J GovAndyBeshear (from Frankfort, Kentucky) Mon Jul 13 16:16:11 +0000 2020
VICTORY: A Scott County Judge has placed a temporary restraining order on @AndyBeshearKY's outrageous restrictions… https://t.co/aF0rKVvfxq KYGOP (from Kentucky) Thu Jul 09 19:13:06 +0000 2020
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