Shopify, a leading global commerce company who provides trusted tools that help merchants of any size start, grow, market, and manage a retail business, recently launched its new point-of-sale hardware collection which includes a redesigned Tap & Chip Reader, as well as the Dock and Retail Stand, to offer a more comprehensive solution for brick-and-mortar retailers.
Shopify is now employing Brightpearl's retailer-first digital operations platform to automate and support the fulfillment and distribution of new hardware to merchants who are starting or expanding to brick-and-mortar retail. This partnership will enable businesses to seamlessly buy Shopify's point-of-sale hardware products online.
This may worth something:
Shopify, Barrick Join Exclusive Canada Club With Big Cash Hoards - Bloomberg
The Covid-19 pandemic has made for a rare moment in Corporate Canada: three companies entered this quarter with over C$5 billion ($3.8 billion) of cash.
The three companies have seen their war chests balloon for different reasons. Barrick and Shopify are prospering, while Air Canada has gone on a mammoth capital-raising spree to secure the funds to survive the Covid-19 pandemic.
Barrick, the world’s second-largest gold producer, has seen its cash position swell amid surging gold prices as investors flocked to haven assets earlier this year. It spun out $1.3 billion of free cash flow in the third quarter allowing it to boost its dividend for the third time in the past year. Barrick held about $4.7 billion (C$6.1 billion) of cash as of the end of the third quarter.
Shopify Sees 'Paradigm Shift' Online as Black Friday Approaches
Retail eCommerce news from week beginning 16 November -
TrueCommerce, a provider of trading partner connectivity and integration solutions has acquired B2BGateway . B2BGateway is a provider of managed cloud service solutions for Electronic Data Interchange (EDI) and API data connectivity to suppliers, manufacturers, and retailers. With this acquisition, TrueCommerce further expands its global footprint. The company extends its position in the unified commerce market with new fully managed connectivity options for organisations of all sizes.
And here's another article:
Shopify Will Offset Carbon Emissions from Black Friday, Cyber Monday
Time to clean up. Shopify said Friday it will offset all carbon emissions from orders placed over the shopping weekend.
While holiday shopping has shifted forward this year, Shopify expects orders will peak on BFCM weekend. It also estimates that shipping one package emits one kg of carbon. That adds up when 25.5 million people shop at the same time.
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My takeaway: Shopify powers 1+ million storefronts, and not all of them are known for their Kermit-green supply chains. So its BFCM campaign could encourage other online retailers to clean up their policies.
Is Shopify (SHOP) Still A Buy At $1,000?
If the moves of the big boys on Wall Street are any indication, then there’s a ton of reasons to be excited about where Shopify could go in 2021. Both Tudor Investment and Lone Pine Capital reported increased stakes in shares of Shopify in their 13F filings this month. Having rode the wave this summer, they’re bullish on the upward momentum sticking around for a while yet.
And late last week, Jefferies were out with an upgrade to Shopify shares, moving them from Hold to a Buy rating. In a note to clients they said “we have a greater appreciation for Shopify’s ability to deliver robust growth for the next several years and reach ~$10B of revenue in 2025 powered by a structural pull forward in e-commerce activity and better monetization of gross margin value."
Global Cloud POS Market Top Manufacturers : Cegid, Square, Shopkeep, UTC Retail, Shopify, etc.
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Shopify and Alipay pair up for new customer offer
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