In Friday acquisition news, Shopify shared today that they’ve acquired the team from augmented reality startup Primer , which makes an app that lets users visualize what tile, wallpaper or paint will look like on surfaces inside their home.
In a blog post , co-founders Adam Debreczeni and Russ Maschmeyer write that Primer’s app and services will be shutting down next month as part of the deal. Primer’s team of eight employees will all be joining Shopify following the acquisition.
Shopify Rolls Out Affirm's Installment Payment Service to All U.S.
The consumer payments company Affirm Holdings on Thursday said that it is rolling out its "buy now, pay later" installment payment service as an option to all U.S.-based Shopify merchants. The service will be included in the Shopify Payments service, effective immediately.
Shop Pay Installments allows qualified consumers to spread out purchases over four installments with no late fees or interest charges. Users make the first payment at checkout, with the other payments charged to an attached debit or credit card in subsequent weeks.
Shopify FOMO. Is it too late to buy? - Cantech Letter
But if you don't yet own SHOP it's actually not too late, says James Telfser, portfolio manager at Aventine Investment Counsel, who thinks the company is fast becoming a much more safer bet for the long term.
"We follow Shopify. We don't own it, but watching Shopify hang in there while other high-growth names have been dramatically underperforming the S&P 500— or the TSX for that matter— has been pretty impressive, actually," said Telfser, speaking on BNN Bloomberg on Wednesday.
Shopify (SHOP) Launches Shop Pay Installments in the U.S.
Shopify benefits from partnerships with the likes of Facebook FB, Alphabet GOOGL division Google, TikTok and Walmart WMT.
Markedly, integration of Shop Pay with Facebook and InstagramCheckout is expected to expand merchant base and drive top-line growth.
Shopify's latest study takes a look at the state of retail discusses, and how brick-and-mortar needs to adapt to the new retail environment.
Netflix partners with Shopify to introduce online store
We don't know when season four of Stranger Things will come out, but expect some branded swag when it drops.
With help from Shopify, Netflix yesterday debuted an online store to sell its own limited-edition merch.
E-comm and chill: Netflix.shop is the result of a concerted effort on the streamer's part to move into retail and evolve into a fully fledged entertainment company like Disney, Eric Haggstrom, eMarketer senior forecasting analyst, told Retail Brew.
Dogecoin vs. Shopify Stock: The Winner Is Clear
Dogecoin has been off to the races this year. The cryptocurrency saw its value increase by as much as 12,000% this year following tweets from Tesla CEO Elon Musk.
However, since then, we've gone into a period of rather high volatility in the crypto space. Dogecoin has fallen back to earth, and investors are left wondering whether these popular tokens are still worth an investment today.
Similarly, Shopify (TSX:SHOP)(NYSE:SHOP) has seen rather impressive stock price appreciation over its history. This hyper-growth stock has provided investors growth on steroids in recent years. However, rising inflation concerns and higher bond yields have poured cold water on this stock.
Cloudflare network outage disrupts Discord, Shopify • The Register
"Cloudflare is aware of, and investigating an issue which potentially impacts multiple customers," the company said on its status page on June 11, 2021, at 1617 UTC. "Further detail will be provided as more information becomes available."
Cloudflare didn't immediately respond to a request to provide more detail about what went wrong. However, the service troubles led to connection difficulties around 1637 UTC for chat service Discord, which reported "connection failures in US East (ATL) due to issues upstream of our service," and said its engineers were working with Cloudflare to restore service.
Riskified Joins Shopify Plus Certified App Program to Expand its Support of Shopify Merchants
NEW YORK, June 9, 2021 /PRNewswire/ -- Riskified, the leading fraud prevention solutions provider today announced that they have joined the Shopify Plus Certified App Program to bring the Chargeback Guarantee to Shopify Plus enterprise merchants.
"Shopify Plus enterprise merchants can face a host of challenges as they scale, ranging from the complexities of cross-border expansion to the continuously changing patterns of fraud, and Riskified is there to help," said Aaron Pratt , VP of Global Partnerships, Riskified .
Shopify Inc - Class A (SHOP) gains 1.2930% for June 11 | Equities News
Shopify Inc - Class A (NYSE: SHOP) shares gained 1.2930% to end trading Friday at $1247.02 per share - a net change of $15.92. Shares traded between $1,250.00 and $1,228.00 throughout the day.
The New York Stock Exchange is the world's largest stock exchange by market value at over $26 trillion. It is also the leader for initial public offerings, with $82 billion raised in 2020, including six of the seven largest technology deals. 63% of SPAC proceeds in 2020 were raised on the NYSE, including the six largest transactions.
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