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Company

Shopify Inc.

19 articles stable
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19
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Coverage Timeline

2023-07-26
SiliconANGLE 5 related

Shopify announces new features: AI chatbot Sidekick to help users redesign websites and analyze data, Shopify Credit for corporate credit cards, and more

Shopify Inc. today debuted Sidekick, an artificial intelligence chatbot that can help retailers redesign their e-commerce websites and analyze sales data.

2023-05-04
Bloomberg 16 related

Shopify reports Q1 revenue up 25% YoY to $1.5B, above $1.43B analyst estimates, GMV up 15% to $49.6B, and plans to cut 20% of its staff; SHOP jumps 20%+

Shopify Inc. cut jobs for the second time in less than a year and agreed to sell the majority of its logistics business to Flexport Inc …

2023-01-03
Bloomberg 1 related

Memo: Shopify cancels all recurring meetings with over two people “in perpetuity” and encourages staff to decline invitations, leave big group chats, and more

Shopify Inc. spent last year cutting costs.  Now, it's cutting meetings.  —  As employees return from holiday break …

2022-09-17
Bloomberg

Shopify changes its compensation practices to let staff choose a mix of cash, restricted stock units, and stock options; Shopify stock is down 75% in 2022

Shopify Inc. is changing its compensation practices to let staff decide how much of their pay will be cash versus equity …

2022-09-09
Bloomberg

Revolut launches a one-click payment feature, starting with Shopify, Prestashop, WH Smith, and others

Revolut Ltd. is launching a one-click payment feature in a bid to rival PayPal Inc. and other tech giants at online checkouts.  —  Revolut Pay has signed up retailers including Shopify Inc. …

2022-07-27
Bloomberg 4 related

Shopify misses as Q2 revenue grew 16% YoY to $1.3B and GMV reached $46.9B, up 11% YoY; SHOP rises 6%+, after crashing 14% on Tuesday due to layoffs

Shopify Inc. rallied, reversing losses in premarket trading, as Chief Executive Officer Tobi Lutke urged investors to overlook the slowdown … Source: Shopify .

2022-07-26
Wall Street Journal 1 related

Memo: Shopify plans to cut around 1,000 workers, or 10% of its global workforce, citing consumers pulling back from online shopping; SHOP drops 14%+

CEO Tobi Lütke says company made wrong bet on pandemic-fueled boom in e-commerce growth lasting  —  Shopify Inc. SHOP -16.29%▼ …

2022-06-07
Bloomberg

Shopify investors grant CEO Tobi Lütke a “founder share”, ensuring him 40%+ voting power under certain conditions, and approve a 10:1 stock split

Shopify Inc. investors have agreed to grant Chief Executive Officer Tobi Lutke special voting rights, securing his influence … Tweets: @pkedrosky Tweets: Paul Kedrosky / @pkedrosky : Such hero worship...

2022-05-05
Bloomberg 8 related

Shopify reports Q1 revenue rose 22% YoY to $1.2B, below expectations, as GMV grew 16% YoY to $43.2B; Shopify will acquire Deliverr for $2.1B; stock drops 10%+

Shopify Inc. shares plunged to the lowest since April 2020 after it missed analysts' profit estimates and announced the largest acquisition …

2022-02-16
Bloomberg 2 related

Shopify beats with Q4 revenue up 41% YoY to $1.38B, as GMV rose 32% YoY to $54.1B, but says FY 2022 revenue growth will be below FY 2021; shares drop 15%+

Shopify Inc. said it expects revenue growth to be lower in 2022 than it was last year as online spending resets after the Covid-19 induced boom …

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