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.
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.
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.
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.
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.
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.
$7.5B in global sales from @Shopify merchants $3.5M sales per minute peek on Black Friday Incredible. Congrats to… https://t.co/ab84ocCEya tobi (from Canada) Tue Nov 29 14:42:32 +0000 2022
Stop scrolling - this is f*cking cool. On the biggest wkend of the year, at Shopify it will always be about our me… https://t.co/QVSiUNY5rx harleyf (from Canada) Fri Nov 25 18:51:58 +0000 2022
$3.36B. That's the total sales of @Shopify merchants on Black Friday - a record-breaking day of sales for our merch… https://t.co/WajwWyvPty harleyf (from Canada) Sat Nov 26 19:10:37 +0000 2022
Shopify merchants have broken Black Friday records again. By 1 AM EST in North America on Black Friday, @Shopify me… https://t.co/fKY4f3OGqW harleyf (from Canada) Sat Nov 26 19:11:31 +0000 2022
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