Shopify (NYSE: SHOP ) is in the news Wednesday following the announcement of a deal with Chipotle (NYSE: CMG ) to set up a virtual farmer’s market.
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This deal has Shopify working with Chipotle to create virtual storefronts for the restaurant chain’s suppliers . This will allow them to sell their goods directly to customers. Chipotle says this is vital to help its suppliers overcome economic difficulties caused by the novel coronavirus pandemic.
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Can Intuit Be Shopify's Biggest Competitor? (NASDAQ:INTU) | Seeking Alpha
Intuit and Shopify are the leaders in their corresponding target markets: Intuit caters to SMBs and Shopify caters mostly to Manufacturers/Producers, small brick-and-mortar stores and small e-commerce retailers.
The overlap between these segments is remarkable, and this positions Intuit to start competing in the e-commerce software platform arena.
This competition can happen through an acquisition of an existing e-commerce software platform provider and integrating the acquired product with Quickbooks Online.
Wishpond Forms Email Integration With Shopify To Help Ecommerce Brands 06/29/2020
The Wishpond arrangement is designed to help ecommerce businesses “grow their audience and leverage customer data to drive sales,” states Wishpond CEO Ali Tajsekandar.
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It was not clear at deadline whether Shopify had sought this help, or whether these enhancements are being applied directly to its app.
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Shopify stock surges after RBC lifts target to new Street high of $1,000 - MarketWatch
Shares of Shopify Inc. SHOP, +7.10% are up more than 5% in Thursday trading after RBC Capital Markets analyst Mark Mahaney turned more bullish on the stock, boosting his price target to $1,000 from $825. The new target is the highest listed on FactSet. Mahaney said that the market still undervalues Shopify's potential even as its shares have more than doubled on the year.
Tesla Inc. shares gained 5% Wednesday to end at $1,133.36, a fresh record, as investors await the company's second-quarter sales numbers. The rally boosted Tesla's market valuation to more than $207 billion and above, at least for now, Japan's Toyota Motor Corp.'s $203 billion market value. Toyota, which makes more than 8 million vehicles a year, long has been the No. 1 global car maker by market capitalization.
Director of Marketing job with Shopify | 142107
At Shopify, we believe that commerce is one of the most defining avenues for entrepreneurs to reach independence. But almost everything about online commerce favours already-large existing companies. The Start product line exists to supercharge entrepreneurs' abilities to become successful with the best guidance, network, and motivation possible. We want to create more entrepreneurs and make it easier than ever to start a business.
Wintrust Business Lunch 6/30/20: Shopify and Fastly stocks pop, Lululemon buying a fitness
Segment 1: Jon Najarian , founder of marketrebellion.com , joins John to give an update on the latest market news.
Segment 3: Bobby Hollis, Director of Global Energy, Environment and Site Selection for Facebook, talks to John about how the social media giant is bringing a massive new data center to DeKalb .
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Segment 1: Nationally syndicated financial columnist Terry Savage joins John to talk about a new rule promulgated by the Securities and Exchange Commission known as Regulation Best Interest (Reg BI) that went into effect this week and the likelihood we see an extension of the $600 unemployment benefit. Terry also takes your calls.
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