Saturday, May 22, 2021

The People With Power at Shopify — The Information

Tobias Lütke has transformed Shopify into an e-commerce giant with a $145 billion market value, thanks to the popularity of its tools, which power online shopping functions for a huge range of sellers, from the shoe company Allbirds to ketchup maker Heinz. Inside Shopify, though, his intense and demanding leadership style has earned co-founder and CEO Lütke a nickname: Tobi the Tornado.

According to six people who have worked at Shopify, each of whom confirmed the moniker, Lütke's tempestuous behavior includes his tendency to swoop into team meetings unannounced and berate employees for proposals he doesn't like. A consultant Shopify hired to lead a mental health workshop recently even used Lütke's nickname during a discussion about workplace personalities, according to a person who was present in the session.

Publisher: The Information
Twitter: @theinformation
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Google boosts e-commerce push with new tech, Shopify partnership | Retail Dive

As consumer adoption of e-commerce continues to accelerate amid the pandemic, Google is beefing up its Shopping platform, bringing in scores of new merchants, products and potential ad space. Shopify, which generated just under $3 billion in revenue last year — an 86% lift from 2019 — will be a key part of the update with its 1.7 million businesses, who will join the search engine via a new process that emphasizes quick product discovery.

Google's other tech rollouts speak to the importance of attracting consumers while appealing to marketers and retailers. The Lens upgrade introduces a way for users to distill screenshots into shoppable items, which aligns with the company's mobile-first position , while the shopping carts-tracking feature arrives as U.S. consumers are spending more time traversing across internet tabs.

Publisher: Retail Dive
Date: 2021-05-21
Author: Asa Hiken
Twitter: @RetailDive
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Sweet expands NFT marketplace to the Shopify ecosystem

Sweet's consumer-first enterprise NFT platform now allows brands to seamlessly offer NFTs through existing online storefronts.

New York, May 21, 2021 – Sweet , the leading enterprise NFT solutions provider, announced the integration of its nonfungible token distribution platform into the Shopify marketplace, empowering brands, shop owners and intellectual property holders to sell NFTs through existing online storefronts.

Publisher: Cointelegraph
Twitter: @cointelegraph
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Operations Manager - Harrisburg, PA job with Shopify | 165136
Publisher: BoF Careers
Twitter: @bof
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E-Commerce Darling Shopify Is a Great TSX Stock to Invest $5,000 in for the Next 20 Years

While there's no way to know for sure when this tech sell-off will end, I think it's wise to start doing some buying while many of the fastest growers are down double-digit percentage points. Many outstanding growth stocks are now down over 30% from their peak levels. You wouldn't know there would be such pain being felt by such names by just looking at the TSX Index , though!

If you're a self-guided stock picker, I think it's a smart idea to dollar-cost average (DCA) your way into a full position in your favourite high growers over time. Using a DCA method can help ease the pain that comes with catching fast-falling knives. If a plunging stock falls further into the abyss, you'll relish the opportunity to buy even more shares. Moreover, the DCA strategy also takes market timing right out of the equation.

Twitter: @Yahoo
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Shopify Signs On as ESL Pro Tour StarCraft II Sponsor – The Esports Observer

Chinese multinational investment holding conglomerate Tencent Holdings released its financial earnings report for the first quarter of 2021. The company generated...

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Publisher: The Esports Observer – The Home of Esports Business
Date: 2021-05-21T14:47:40Z
Twitter: @esportsobserved
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Senior Diversity and Belonging Specialist job with Shopify | 165138
Publisher: BoF Careers
Twitter: @bof
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'Not a family': Shopify CEO tells staff the company will focus on business, not solving social

Shopify's CEO is pushing back on the notion that his company should be at the forefront of corporate activism and reminded employees of their role at the business.

"It should be massively obvious that Shopify is not a family but I see people, even leaders, casually use terms like 'Shopifam' which will cause the members of our teams (especially junior ones that have never worked anywhere else) to get the wrong impression," he added.

Publisher: Denver Gazette
Author: Zachary Halaschak Washington Examiner
Twitter: @dnvrgazette
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Coach (EMEA) - remote job with Shopify | 165137
Publisher: BoF Careers
Twitter: @bof
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CDPQ tripled Shopify position in first quarter - The Logic

The Caisse de dépôt et placement du Québec owned 479,000 shares of the Ottawa-based e-commerce company at the end of March, up from 155,567 at the end of last year and none at the end of September 2020. The pension fund told La Presse it does not comment on its active-management investment strategy. ( La Presse )

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Publisher: The Logic
Twitter: @the_logic
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