Monday, October 31, 2022

Shopify Reports Third Quarter 2022 Financial Results

Internet, Everywhere - October 27, 2022 - Shopify Inc. (NYSE, TSX: SHOP), a provider of essential internet infrastructure for commerce, announced today financial results for the quarter ended September 30, 2022.

Shopify is the central nervous system that powers millions of businesses around the world. During Q3, merchants continued to recognize Shopify's exceptional value and increased their adoption of our essential tools and innovative solutions.

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Shopify Uses Target Tactic to Take on Amazon - TheStreet

Retailers have turned to celebrities to stand out from their competitors. That's not a new tactic, but it's one that has accelerated in recent years as influencers and people famous for being famous have built product empires.

It's a world that has evolved well past George Foreman slapping his name on a grill and making a billion dollars. Target ( TGT ) has been a major winner in this area partnering with Chip and Joanna Gaines for a line of Magnolia merchandise sold at all its stores.

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Publisher: TheStreet
Date: 2022-10-30T21:10:52Z
Author: Daniel Kline
Twitter: @thestreet
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Shopify to review performance metrics amid concern over layoffs - Latest Retail Technology News ...

“A product characterised by better inputs, more clarity, coordinated feedback cycles, and dedicated time with your lead.”

The new system is expected to roll out at the same time as employee concern over layoffs continues to remain high.

A number of company workers accused the Canadian ecommerce giant of falsely claiming performance issues as the reasoning behind what the workers believed were actually layoffs of several dozen employees earlier this year.

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Publisher: Latest Retail Technology News From Across The Globe - Charged
Date: 2022-10-31T10:10:06 00:00
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Shopify Alum Launches Business Minutes After Being Laid Off
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Publisher: Business Insider
Date: 2022-10-31T09:00:00Z
Author: Madeline Stone
Twitter: @BI_RetailNews
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Should You Hold Shopify Inc (SHOP) Stock Monday Morning?
Twitter: @IOInvestors
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Baystreet.ca - What Amazon's Outlook Means for Shopify

After Amazon (AMZN) posted quarterly results, the stock fell to as low as ~$98 the next day before
closing at $103.41. Shopify (SHOP) also reported results that week that pleased investors. What does
Amazon's e-commerce sales outlook mean for the company and Shopify?

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Making future bets on Shopify, Wealthsimple & the metaverse | BetaKit

If our last monthly AMA episode was about reacting to recent tech news, this episode of the BetaKit Podcast—where we answer listener-submitted questions—is all about making future tech predictions.

“If Canadian VCs weren’t allowed to talk to journalists anonymously, they would never say anything.”

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Publisher: BetaKit
Date: 2022-10-31T11:00:19 00:00
Twitter: @betakit
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Shopify Stock: Q3 Earnings Assessed, We're Pessimistic (NYSE:SHOP) | Seeking Alpha

Market participants reacted positively prior to and after Shopify's earnings beat as the stock surged by more than 18% during its last five trading days.

We previously assigned a strong buy rating to the stock; we now downgrade Shopify to a sell; here's why.

Publisher: SeekingAlpha
Date: 0FEA0055AC330065CFA87CA3045E9860
Twitter: @SeekingAlpha
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For Creating Long-Term Wealth, Is Shopify or goeasy Stock Better?

Both these stocks have the potential to deliver stellar returns in the long term and are expected to benefit from the economic recovery. However, if I have to choose one, I'll stick with goeasy. The reason is that goeasy has a solid track record of consistently delivering profitable growth.

goeasy has consistently delivered robust sales and earnings growth, despite challenging economic situations. For instance, its growth has remained strong in 2022. Its top line has had a CAGR (compound annual growth rate) of approximately 16% in the past decade.

Twitter: @Yahoo
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