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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

Discussion

  • @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/...
  • @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/...
  • @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/...
  • @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/...
  • @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/...
  • @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/...
  • @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:/…
  • @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/...
  • @juokaz @juokaz on x
    My first unicorn exit! Shopify acquires Deliverr for $2.1 billion. https://news.shopify.com/...
  • @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/...
  • @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/...
  • @mjackson Emmjay on x
    Shopify going after Amazon Prime 👀 https://twitter.com/...
  • @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…
  • @skanwar Satish Kanwar on x
    Excited for our team to welcome @DeliverrInc and @habbott to Shopify! 📦🛍 https://twitter.com/...
  • @tobi Tobi Lutke on x
    Welcome Deliverr! https://news.shopify.com/...
  • @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/...