Good morning, and welcome to Protocol Fintech. This Tuesday: Shopify's new fight, why you shouldn't call Hester Peirce "Crypto Mom," and the UST disaster.
The crypto price charts were bloody, with bitcoin down 12% below $30,000 at one point Monday. Most disturbingly, the peg on Terra's UST stablecoin fell apart.
Shopify Audiences aims to give brands better targeting post-iOS14
Customer acquisition and targeting remain one of the biggest issues online brands face. Much of this is because of privacy updates from leading platforms , as well as evolving data privacy legislation around the globe.
Indeed, this type of tool is illustrative of an industry-wide mad dash to make up for lost data. Many brands have begun slashing their Facebook budgets as they’ve reported rising acquisition costs and poorer results.
Shopify Says Its Merchants Have Created Nearly 5 Million Jobs - Small Business Trends
United By Blue has removed over 3.5 million pounds of trash from global waterways, innovated new regenerative materials for their products, worked with local governments to advocate for sustainable practices, and helped their local suppliers go from first sale to full scale.
In 2021, Shopify Partners earned almost 7x more revenue than Shopify itself. This number is up 45% from 2020. In Europe, the Shopify Effect accounted for 298,000 jobs and $47.6 billion in economic activity.
Shopify (NYSE: SHOP) Approaches Key Support Level
Tech investors have been given plenty of lessons in the past few months about making the best of a bad situation, none more so than Shopify (NYSE: SHOP)
Shopify's stock is down a full 80% from that high, and is back trading at its pre-pandemic levels. Such is the negative weight Wall Street is giving to the tightening monetary cycle we're embarking on. But does this mean there's no upside to be had in the near term? Maybe, but maybe not.
Compass Appoints Shopify CTO Allan Leinwand to Its Board of Directors — RISMedia
Closing your first deal is a big deal! Use this handy checklist to ensure a seamless closing for you and... Get My Checklist
Mistake by e-commerce platform Shopify nearly costs B.C. business $18K | CBC News
When the pandemic hit, Channing Qian knew he would have to do something extra to keep customers safe and his business afloat. His three coffee shops in Victoria were being impacted by provincial restrictions.
So Qian and two friends created an account on the e-commerce platform Shopify to sell the domes as the Wigloo Tent Company.
Shopify Fights to Retain Tech Talent With Pay Overhaul
Stock-heavy compensation and an emphasis on the priceless experience of working with revered tech talent like the company's founder and CEO, Tobi Lütke, were typically part of Shopify's compensation package.
Inside the company, executives are attempting to calm nervous employees sounding off about what some believe is a talent exodus.
ICv2: Shopify Acquires Logistics Company
Shopify has reached an agreement to acquire fulfillment technology provider Deliverr for $2.1 billion, the companies announced. Deliverr’s logistics network currently delivers over one million orders per month for thousands of U.S. merchants.
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