Shopify just came off a huge growth year as the Covid-19 pandemic spurred massive growth in online shopping. Now it's starting 2021 with a bang thanks to an 8% stake in Affirm, the year's first notable tech IPO.
Both companies have seen their businesses explode since early last year, when Covid-19 forced physical retailers to close, giving consumers even more of an incentive to shop online.
The two companies forged a partnership in July for online lender Affirm to become the exclusive provider or point-of-sale financing for Shop Pay, Shopify's checkout service. As part of the deal, Shopify was granted warrants to buy up to 20.3 million shares in Affirm.
Quite a lot has been going on:
Ledger Offering 10 Bitcoin to Catch Rogue Shopify Employees Who Leaked Data | Crypto Briefing
Last month, hackers made public data from Ledger’s e-commerce and marketing databases. Today, Ledger revealed the hacker’s connection to e-commerce giant Shopify.
This massive data dump included personal details belonging to approximately 272,000 customers of the hardware wallet company, including names, shipping addresses, and phone numbers.
CES 2021 Tresl’s Data Intelligence Platform, Segments Analytics, Helps E-Commerce Brands on
Tresl, a tech startup founded in Palo Alto in 2018, makes data-driven marketing easy for e-commerce brands. Its hero product, Segments Analytics, is an e-commerce intelligence platform on the Shopify App Store that allows businesses to easily dig into their customer data, not only helping brand owners understand their customers better but also providing actionable insights with prebuilt customer segmentations to optimize marketing efforts.
Shopify (SHOP) Outpaces Stock Market Gains: What You Should Know
Shopify (SHOP) closed at $1,188.24 in the latest trading session, marking a +0.9% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.04%. Elsewhere, the Dow gained 0.19%, while the tech-heavy Nasdaq added 0.28%.
Prior to today's trading, shares of the cloud-based commerce company had gained 11.19% over the past month. This has outpaced the Computer and Technology sector's gain of 4.2% and the S&P 500's gain of 3.84% in that time.
This may worth something:
Shopify Security Breach Exposes More Ledger Customers' Sensitive Data
The incident comes just weeks after hackers exposed the sensitive information of around 270,000 Ledger customers.
The firm's users have been the target of phishing and extortion attempts since the initial leak last summer.
Want to know more? Join our Telegram Group and get trading signals, a free trading course and daily communication with crypto fans!
* * *
A previous security breach at the e-commerce firm Shopify has exposed sensitive data belonging to customers of around 200 of its merchants.
Amazon's Shopify Problem - Marketplace Pulse
Amazon has always operated as if no other sales channel matters. And as if none will matter. But 2020 was maybe the last year it grew its market share of e-commerce. Shopify came to represent that change.
At the end of 2020, multiple sources broke the news that Amazon has realized the threat of Shopify.
“This year, Amazon has zeroed in on Shopify Inc., a fast-growing Canadian company that helps small merchants create online shops. Amazon has established a secret team, “Project Santos,” to replicate parts of Shopify’s business model, said people familiar with the project.
Canada's Shopify deactivates Trump-affiliated stores - Fibre2Fashion
Opportunity knocks on Shopify eCommerce Businesses Door As Adtwixt Offers New Video Advertising
January 13, 2021 - Adtwixt , a global leader in video advertising production for eCommerce businesses, is experiencing a surge in demand for video content. The company, which specializes in producing unique video advertising content for Shopify eCommerce businesses, is experiencing overwhelming positive feedback from clients who have used its video content to promote their products.
"We are aware of how important video sharing for businesses has turned out to be. Statistics show that more than one-third of online shoppers buy a product after seeing a video ad. So we have tailored our services to assist small and medium eCommerce business owners in creating videos that help rank their productsin Google search to increase their product sales using Shopify eCommerce stores," said Robert Charles, Adtwixt co-founder.
Happening on Twitter
Shopify just made a $2 billion windfall on Affirm IPO, six months after their partnership https://t.co/1arnDXQBdd CNBC (from Englewood Cliffs, NJ) Wed Jan 13 18:21:42 +0000 2021
Shopify got Affirm shares for a penny in July as part or their partnership. Its stake is now worth $2 billion. https://t.co/ZXSzw852RT levynews (from San Francisco) Wed Jan 13 18:26:40 +0000 2021
No comments:
Post a Comment