Shopify reports Q1 revenue up 22% YoY to $1.2B, below $1.25B est., and GMV up 16% YoY to $43.2B; Shopify acquires Deliverr for $2.1B; stock closes down 14.92%
Stefanie Marotta / Bloomberg :
Bloomberg Stefanie Marotta
Related Coverage
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Discussion
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@canadakaz
Kaz Nejatian
on x
With Shop Promise, Deliverr, and Shopify Fulfillment Network, we are building the most merchant-obsessed, end-to-end logistics network. More on how we're making logistics easy: https://news.shopify.com/...
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@nolankahal
Nolan Kahal
on x
Gets me pumped up to see @Shopify battling Amazon. They just acquired our new fulfillment center we joined for $2.1B to build their our 3PL network https://news.shopify.com/...
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@alexkolicich
Alex Kolicich
on x
Humbled to have been a small part of the beginning of the @DeliverrInc journey. Congrats to the team that put in all the hard work. This combination will massively improve fulfillment for millions of consumers. https://news.shopify.com/...
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@dee_bosa
Deirdre Bosa
on x
and yet... one of the most underrated stories this week is Shopify CEO Tobi Lutke seeking shareholder approval for a “founder share” that wld give him more control will we see more founders/CEOs do this as their market caps sink?? https://twitter.com/...
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@kantrowitz
Alex Kantrowitz
on x
Shopify lost 70% of its value in four months. 2.5 years of growth erased in a blink. $SHOP https://twitter.com/...
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@shopify
@shopify
on x
Read all about how we're making logistics easy with Deliverr and tell us about your next treat-yourself moment in the comments 👇 https://news.shopify.com/...
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@shopify
@shopify
on x
Always there when you call, always on time 🎶 Fast, reliable fulfillment you don't need to think about? Removing one of the biggest pains to scaling your business? Yeah, I got you. Deliverr will be joining the team! Fulfillment just became a whole lot easier for merchants. https:/…
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@ecommerce
@ecommerce
on x
A huge acquisition by @shopify. 💸 Shopify to Acquire Deliverr for $2.1B: Building the Future of Global Logistics for Independent Brands 🦄 https://news.shopify.com/...
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@juokaz
@juokaz
on x
My first unicorn exit! Shopify acquires Deliverr for $2.1 billion. https://news.shopify.com/...
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@brandonmchu
Brandon Chu
on x
I had absolutely nothing to do with it, but I am so proud of the people on @Shopify's Product Acceleration team for executing our largest ever acquisition. Always a thrill to be part of a high conviction company and team lfg 🚀 https://twitter.com/...
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@harleyf
Harley Finkelstein
on x
“Shopify plans to acquire technology and fulfillment company Deliverr, our largest acquisition ever.” Here's why this matters: this helps accelerate @Shopify's roadmap to building the most merchant-obsessed end-to-end logistics network. https://twitter.com/...
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@mjackson
Emmjay
on x
Shopify going after Amazon Prime 👀 https://twitter.com/...
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@tobi
Tobi Lutke
on x
Shopify has always solved hard problems for merchants in order to make entrepreneurship more accessible. That's why I'm so excited to welcome @Deliverrinc and @habbott to Shopify to build the future of logistics and make commerce better for everyone! https://twitter.com/... https…
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@skanwar
Satish Kanwar
on x
Excited for our team to welcome @DeliverrInc and @habbott to Shopify! 📦🛍 https://twitter.com/...
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@tobi
Tobi Lutke
on x
Welcome Deliverr! https://news.shopify.com/...
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@dennishegstad
Dennis Hegstad
on x
The largest acquisition in Shopify's history will create an end-to-end logistics platform to unlock fast and easy fulfillment for millions of merchants Shopify to Acquire Deliverr for $2.1B: Building the Future of Global Logistics Thoughts? 😵💫 $SHOP https://news.shopify.com/...