Quite a lot has been going on:
Jebbit Expands Footprint With Shopify App Store Launch and Klaviyo Partnership | News | wfmz.com
"We've tried other quiz commerce platforms and Jebbit is by far the easiest and most user friendly," said Chad Jernigan , co-founder, DIFF Eyewear. "In our short time using Jebbit we are already seeing an 80% completion rate and 40% lead capture rate of our new quiz which is crushing our previous benchmarks."
"So many of the brands we work with are already on Shopify and Klaviyo and doing great work," said Raphael Paulin-Daigle , CEO of Splitbase. "Jebbit is the missing piece that helps us create engaging experiences through quizzes; enabling us to improve ecommerce sites, capture leads, and create better personalization."
Digital-first commerce boosts Shopify's earnings
Sales on the Shopify platform surpassed $5 billion during the holiday period. Full year revenue for 2020 showed an 86% YoY increase.
Major changes in consumer behavior. These results for a high-profile ecommerce enabler, while striking, are unsurprising given major changes in consumer behavior caused by the pandemic. Research from Publicis Sapient shows almost three-quarters of consumers purchasing online more than usual last summer (a trend likely to have persisted: 48% interviewed said they would continue to shop online in the future).
Shopify Ends Year In A Blaze As It Prepares For More Growth
ANKARA, TURKEY - MAY 5: In this illustration photo taken in Ankara, Turkey, Shopify logo is seen on ... [+] a mobile phone screen, on May 5, 2020. Ercin Top / Anadolu Agency
Here are the facts. For fiscal 2020, Shopify reported revenues of $2.9 Billion compared to $1.5 Billon in the previous year. That's an +86% increase. Fully diluted net earnings per share jumped from an annual loss of ($1.10) to a gain of $2.59. That is great, thanks to several factors that helped the company achieve these good results.
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Shopify Doubled In Size in 2020. Can It Maintain the Momentum in 2021?
Shopify was expected to see significant growth in the 2020 period but it was not expected to double in size . The Q4 revenue of $977.74 million is not only up 93.6% from last year but up 26% sequentially and it beat the consensus by 700 basis points. The surge in revenue is due to both an increase in merchants and an increase in shoppers that are not expected to abate.
In terms of merchandise volume, the company’s Gross Merchandise Volume increased 99% under the combined impact of new merchants and new shoppers with Gross Payment Volume up as well. Gross Payment Volume, the amount of merchandise volume handled by the company’s own payment processing system, grew to $19.1 billion or 46% of sales.
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Shopify Posts Strong Quarter but Sees Slower Growth in 2021 | Barron's
Shopify shares are trading sharply lower despite stronger-than-expected fourth-quarter results , as the company cautioned that growth would slow in 2021 from 2020 as the world eventually moves past the worst of the Covid-19 pandemic. After a huge run-up in the stock already this year, investors are taking profits.
An online platform for retailers, Shopify's business got a huge boost from the pandemic, as many sellers closed physical stores and e-commerce boomed. For the fourth quarter, Shopify (ticker: SHOP) reported revenue of $977.7 million, up 94% from a year ago and well ahead of the Wall Street analyst consensus estimate of $910.2 million. Adjusted profits were $1.58 a share, likewise nicely ahead of consensus at $1.25 a share.
Shopify's 4Q Sales Pop 94% As Online Buying Booms; Shares Dip 3.3%
Shopify posted strong 4Q results driven by booming online sales growth as consumers shopped from home due to pandemic-led restrictions. However, shares dropped 3.3% and closed at $1,425 on Feb. 17, as the Canadian e-commerce platform expects sales to grow at a slower pace this year.
The company's merchant solutions revenue came in at $698.3 million, up 117% year-over-year, driven mainly by gross merchandise volume (GMV) growth of 99%. Monthly recurring revenue grew 53% to $82.6 million fueled by a rising number of new merchants.
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