Thursday, December 8, 2022

Picsart Launches Shopify App, Bringing its World-Class Design Tools to Millions of Merchants | ...

The Picsart AI Photo Editor app is now available in the Shopify App Store. (Graphic: Business Wire)

"The Picsart app for Shopify is a dramatic expansion into a huge, new category for us," said Hovhannes Avoyan, Founder & CEO of Picsart.

Date: 2022-12-07
Twitter: @businesswire
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Shopify Stock Seen Carrying Weight of Canada Curse Into 2023

(Bloomberg) -- The curse of Canadian mega-cap technology stocks hit Shopify Inc. this year, and analysts see little relief ahead for the e-commerce company's shareholders.

Shopify shares have tumbled 70% in 2022 and brokerages see a gain of only 2.2% for the Ottawa-based company's shares in the next year. That's the lowest expected return among this year's 10 worst-performing Canadian and US tech companies with market values of $20 billion or more.

Twitter: @YahooFinance
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How Shopify Is Empowering Entrepreneurs Through Technology | BoF

At VOICES 2022 , BoF's annual event where global changemakers gather to inspire innovation and reimagine the fashion industry's future, BoF's Rahul Malik spoke to Shopify president Harley Finkelstein about the collective opportunity in entrepreneurship.

Publisher: The Business of Fashion
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Chewy, Shopify downgraded at Wolfe Research on slowing spending trends (NYSE:CHWY) | Seeking Alpha

Popular e-commerce players Chewy ( NYSE: CHWY ) and Shopify ( NYSE: SHOP ) were both downgraded by Wolfe Research amid macroeconomic concerns.

In a note downgrading the entire e-commerce sector to Market Weight from Overweight, equity analyst Deepak Mathivanan told clients that stockpicking will be paramount moving forward. This is especially important as consumers are less likely to splurge into 2023.

Publisher: SeekingAlpha
Date: 0FEA0055AC330065CFA87CA3045E9860
Twitter: @SeekingAlpha
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Shopify Partners With Payoneer PayGlocal and Tazapay - BW Disrupt

Shopify, a provider of essential internet infrastructure for commerce, partners with Payoneer, PayGlocal and Tazapay, leading cross-border payment providers for merchants in India.

The addition of new payment partners is aimed at streamlining cross-border commerce for Indian merchants on Shopify, with around 1-in-5 now selling internationally to an average of four international markets, reaching more than 70 million shoppers from around the world.

Publisher: BW Disrupt
Author: BW Online Bureau
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Shopify Inc. Cl A stock falls Wednesday, underperforms market - MarketWatch

Shares of Shopify Inc. Cl A SHOP, -1.32% slid 1.32% to C$52.51 Wednesday, in what proved to be an all-around down trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, -0.08% falling 0.08% to 19,973.22. Shopify Inc.

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Publisher: MarketWatch
Date: Canadian Company Close Updates
Author: MarketWatch Automation
Twitter: @marketwatch
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WPP buys Canada-based Shopify owner Diff for... | Morningstar

(Alliance News) - WPP PLC on Thursday said it is buying Montreal-based commerce agency Diff Agency for an undisclosed sum.

WPP, a London-based advertising and communications company, said direct-to-consumer sales in the US are forecast to grow to almost USD213 billion by 2023, citing figures from German market and consumer data company Statista.

Publisher: MorningstarUK
Date: 8 December 2022 12:34PM
Author: Alliance News
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Fast Simon Expands Shopify and BigCommerce Agency Partnershipsin Australia and New Zealand | News ...

LOS ALTOS, Calif., Dec. 06, 2022 (GLOBE NEWSWIRE) -- Fast Simon today announced partnerships with several new eCommerce growth agencies in Australia and New Zealand.

Fast Simon works with the best eCommerce agencies, platforms, and technology partners to optimize shopping for shoppers and merchants. Here is what three agency partners are saying:

Publisher: The Bakersfield Californian
Author: Fast Simon GLOBE NEWSWIRE
Twitter: @Bakersfieldcali
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