Wednesday, January 11, 2023

Amazon is Causing Shopify Some Trouble

Back during the pandemic, e-commerce site builder Shopify ( NASDAQ:SHOP ) distinguished itself as the weapon of choice to keep brick-and-mortar stores from shutting down completely.

The idea that’s likely unsettling Shopify investors is Amazon’s "Buy with Prime" concept, a tool that gives stores access to a range of Amazon tools despite not directly selling on Amazon.

Publisher: TipRanks Financial
Date: 2023-01-10T22:13:03.000Z
Author: https www tipranks com news author steveanderson
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Amazon is challenging Shopify, and Shopify's stock is losing so far - MarketWatch

Amazon's move will allow more businesses that don't sell directly on the e-commerce giant's website to use its payments and delivery infrastructure to handle orders on their own sites.

Buy with Prime allows Amazon's Prime members in the U.S. to shop directly on independent businesses' online stores that aren't on Amazon's website. Amazon, in turn, processes the payments, packaging, deliveries and returns of customer orders.

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Publisher: MarketWatch
Date: 2023-01-10T14:32:00-05:00
Author: Bill Peters
Twitter: @marketwatch
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Shopify canceling meetings: Are meetings a waste of time? Experts divided on new policy | Fortune

The changes, which are effective immediately, include removing all recurring meetings with more than two people "in perpetuity," shoehorning meetings of more than 50 people into a six-hour window on Thursdays, and limiting big meetings to once a week.

"We can either go slow and deliberate, or fast and chaotic. We are going fast and chaotic," he wrote. "While we know this will feel chaotic, that's the point. Intentional chaos is more than okay, and it's part of working and thriving at Shopify."

Publisher: Fortune
Author: Orianna Rosa Royle
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Shopify puts huge Toronto office space up for sublease - The Globe and Mail

Shopify Inc. SHOP-T put its massive office space in downtown Toronto on the sublet market on Tuesday, flooding the country's largest business hub with even more unused space.

The e-commerce company's lease is for 348,103 square feet, spanning seven floors of a newly built office, residential and retail complex, according to documents marketing the new space.

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Publisher: The Globe and Mail
Date: 2023-01-10T19:37:52-0500
Twitter: @globeandmail
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Former Shopify, Twitch, and Box Executive, Chris Deibler, Joins DataGrail as VP of Security | ...

Chris Deibler, formerly of Shopify, Twitch, and Box, has been named DataGrail’s VP of Security. Deibler will oversee the building out of the security team for DataGrail as it transitions into its next phase of growth. (Photo: Business Wire)

Date: 2023-01-09
Twitter: @businesswire
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Shopify Inc (SHOP) Stock Adds 2.61% This Week; Should You Buy?
Twitter: @IOInvestors
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Shopify Inc. Cl A stock falls Tuesday, underperforms market - MarketWatch

Shares of Shopify Inc. Cl A SHOP, -1.61% slipped 1.61% to C$49.01 Tuesday, in what proved to be an otherwise all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.21% rising 0.21% to 19,898.86. Shopify Inc.

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Publisher: MarketWatch
Date: Canadian Company Close Updates
Author: MarketWatch Automation
Twitter: @marketwatch
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On Your Mark Solutions Plans On Welcoming New Shopify Website Development Customers in 2023 - EIN ...

The leading web boutique looks to expand its customer base immensely with the change of the new year

EIN Presswire's priority is source transparency. We do not allow opaque clients, and our editors try to be careful about weeding out false and misleading content. As a user, if you see something we have missed, please do bring it to our attention. Your help is welcome.

Publisher: EIN News
Date: 2023-01-10T13:22:56 0000
Author: EIN News
Twitter: @einnews
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