Thursday, December 1, 2022

Shopify Merchants Set New Black Friday Cyber Monday Record with $7.5 Billion in Sales

As a global provider of essential internet infrastructure for commerce, Shopify announced today a record-setting Black Friday Cyber Monday weekend, with sales of $7.5 billion* from independent businesses worldwide.

Consumers are approaching this holiday shopping season with intentionality. They’re seeking out good deals from their favorite brands.

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Shopify: A Top Growth Stock With Potential (NYSE:SHOP) | Seeking Alpha

In the third-quarter, Shopify's gross profit increased 9% year-over-year to $662.3M, but the e-Commerce firm continued to make a loss of $158.4M, or $0.12 per-share.

A good example is Shopify Capital, which is seeing record product uptake from Shopify's merchant base. In Q3 2022, Shopify Capital supplied merchants with a record $507.6M in capital, showing 29% year over year growth.

Publisher: SeekingAlpha
Date: 0FEA0055AC330065CFA87CA3045E9860
Twitter: @SeekingAlpha
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Retail Tech: Century 21 Taps Fillogic, Happy Returns x Shopify – Sourcing Journal

The weekly Retail Tech Roundup compiles technology news across the supply chain, manufacturing, retail, e-commerce,  logistics  and fulfillment sectors.

Happy Returns , a PayPal company, has unveiled Return Shopping, which is designed to help Shopify merchants drive more shoppers to their e-commerce storefronts upon returning a product.

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Publisher: Sourcing Journal
Date: 2022-11-30 12:18:28
Author: Glenn Taylor
Twitter: @sourcingjournal
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Shopify Stock: Strategic Partnerships Driving Future Growth (NYSE:SHOP) | Seeking Alpha

" Enterprise Resource Planning (ERP) is a platform companies use to manage and integrate the essential parts of their businesses…[including] planning, purchasing inventory, sales, marketing, finance, [and] human resources".

Shopify's Global ERP Program offers merchants access to the top ERP platforms, including Microsoft ( MSFT ) Dynamics 365, Oracle ( ORCL ) NetSuite, Infor, Acumatica, and Brightpearl, and has recently advanced its ERP program to partner with European ERP platforms as well.

Publisher: SeekingAlpha
Date: 0FEA0055AC330065CFA87CA3045E9860
Twitter: @SeekingAlpha
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Shopify's app store is its secret weapon. Now it's investing millions in some developers.

OTTAWA — Jonathan Poma has spent a lot of time in the world that Shopify built.

So last year, when Poma went out to raise a Series B for his startup Loop Returns, another name from that tight-knit ecosystem was on his call sheet: Satish Kanwar, now Shopify's vice-president of product acceleration.

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Publisher: The Logic
Date: 2022-11-29T14:55:00 00:00
Twitter: @the_logic
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Black Friday sales hit record for Shopify retailers | Crain's New York Business

Holiday shoppers opened their wallets during the holiday weekend, driving especially high sales for e-commerce merchants—and for the tech companies that power them—according to data released by commerce infrastructure company Shopify.

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Publisher: Crain's New York Business
Date: 2022-11-29T15:41:36-05:00
Author: https www facebook com
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