At a time when online food and beverage sales are growing, GreenDropShip is transforming the way Shopify merchants can sell groceries.
The app is designed to provide Shopify sellers access to brand-name grocery products, which can be profitable because of their low return rates and repeat purchases. The online grocery space also has high inventory turnover, especially natural and specialty products.
Not to change the topic exactly:
Shopify stock gains after Stifel says it's a buy - MarketWatch
Shares of Shopify Inc. SHOP, +4.42% are up 4% in Wednesday morning trading after Stifel analyst Scott Devitt initiated coverage of the e-commerce company with a buy rating and $1,200 price target. "We believe the company is positioned for sustainable growth supported by international expansion, growth in enterprise merchants, and the development of additional products and services supporting increased monetization," he wrote in his note to clients.
dotdigital Reaccredited as Shopify Plus Tech Partner, Empowering Merchants to Grow Digitally as
dotdigital, the leading marketing automation and customer engagement platform, has today announced it has been re-signed as a Shopify Plus Tech Partner.
The Plus Partner accreditation is a highly curated program from the global enterprise ecommerce platform, Shopify, which recognizes strategically selected, best-in-class partners, whose solutions can transform and scale merchants' digital capabilities for fast-track growth. The program celebrates tech solutions that accelerate ecommerce capabilities, without adding complexity to the process for the vendor or the merchant, delivering elegant and simple ways to fast forward ROI.
Shopify Is Down but Not Out. One Analyst Looks to the Future. | Barron's
But Stifel analyst Scott Devitt sees an opportunity: He launched coverage of Shopify (ticker: SHOP) on Wednesday with a Buy rating and a $1,200 price target.
"We view Shopify as the leading e-commerce platform for helping entrepreneurs, SMBs [small- and medium-size businesses], and enterprises create and manage their businesses online," Devitt wrote in a research note. "We believe the company is positioned for sustainable growth supported by international expansion, growth in enterprise merchants, and the development of additional products and services supporting increased monetization."
Did you hear about this:
Pinduoduo, Shopify, PayPal, LendingTree, JD.com — What Cathy Wood's Ark Bought And Sold On
JD.com stock closed 1.60% higher at $84.33 on Wednesday. It has a 52-week high of $108.29 and low of $39.26.
Butterfly shares closed 3.11% lower at $16.83 on Wednesday and were up 3.27% in the after-hours. It has a 52-week high of $29.13 and low of $9.34.
Shopify Developer | Hire a Shopify website builder | Hitsearch
Shopify is a powerful digital platform on which to build a successful ecommerce business, as millions of retailers have already discovered. However, in order to help your business succeed in a crowded marketplace, it's essential to appoint the right partner when it comes to developing your website, so that it not only looks great and is easy for shoppers to use, but is also set up in a way that helps your business to reach its full potential.
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