Shopify (SHOP) closed at $1,177.64 in the latest trading session, marking a -0.95% move from the prior day. This change lagged the S&P 500's daily loss of 0.66%. At the same time, the Dow lost 0.29%, and the tech-heavy Nasdaq lost 1.25%.
Heading into today, shares of the cloud-based commerce company had gained 11.39% over the past month, outpacing the Computer and Technology sector's gain of 3.38% and the S&P 500's gain of 3.42% in that time.
While you're here, how about this:
Stripe, PayPal, and Shopify lead e-commerce's divorce from Trump | PaymentsSource
FakeSpot Says Shopify Is Riddled With Scammers | PYMNTS.com
Shopify has seen its revenues surge as the pandemic has pushed consumers to buy more goods online. At the same time, however, the online marketplace has become a hub for scams and counterfeit goods, according to eCommerce authentication service FakeSpot .
In fact, FakeSpot said it analyzed more than 120,000 Shopify sites and found "as many as 21 per cent posed a risk to shoppers," the Financial Times reports . As lockdowns have hit around the world, Shopify has helped traditional retailers open online stores and get their goods out to the market.
Shopify stores riddled with fakes and fraudsters
Nearly 21% of Shopify stores pose a risk to their customers, according to analysis by e-commerce authentication service Fakespot.
Shopify provides the technology backbone for businesses to set up a store and sell their products online.
The company has become valuable to small businesses during the Covid-19 pandemic, because its services are cheap and easy to set up.
Many things are taking place:
Shopify VP Loren Padelford on four things e-commerce entrepreneurs need to keep in mind for 2021
The Cisco Designed Small Business Resiliency series shares stories and resources for businesses working to recover from the economic impact of COVID-19.
Besides the push to remote work, the COVID-19 pandemic massively accelerated another trend: e-commerce. Consumers spent $5.1 billion USD online over Black Friday and Cyber Monday weekend at Shopify-powered stores alone. The vast majority of consumers (84 percent) have shopped online since the pandemic started, according to a new report from Shopify.
KADDRA, Singapore's leading mobile commerce technology is now integrated with Shopify (NYSE:
SINGAPORE , Jan. 12, 2021 /PRNewswire/ -- Kaddra Pte Ltd ("Kaddra" or "Company") today announced that it has finalised its first phase of integration with leading web eCommerce solution, Shopify (NYSE: SHOP), in a strategic move to offer the most comprehensive ecommerce ecosystem for SMEs on both mobile app commerce and web based digital stores.
* * *
"Our integration will make the sales process seamless and user-friendly. Businesses will be able to use either their Shopify back office or Kaddra back office to run both mobile and web stores simultaneously. Traditional web-based eCommerce has advantages in attracting new customers whereas native mobile app commerce is perfect to keep them close and engaged.
74% of Shopify Merchants Saw a Boost or No Change is Sales During Pandemic - Small Business Trends
No comments:
Post a Comment