Shopify

• How AI is boosting Shopify’s quarterly results

  Shopify reported a 21% jump in second-quarter revenue to $2.05 billion, compared with analysts' average estimate of $2.01 billion, according to LSEG data.

  Economy

  Aug 7
  
• Shopify stock sinks as it warns of slower growth amid tepid consumer spending

  Shopify's stock plummeted after it forecast its slowest quarterly revenue growth in two years against the backdrop of an uncertain economy and tepid consumer spending,

  Money

  May 8
  
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• Shopify’s revenue surged 24% in the last quarter. So why is the stock down?

  Shopify topped Wall Street estimates for fourth-quarter revenue and profit, riding on demand for its ecommerce services from merchants during the holiday shopping season.

  Money

  Feb 13
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• Taylor Swift’s Eras Tour merch sales helped push Shopify revenues up in Q3

  Shopify says its revenue was up 25 per cent year-over-year in the third quarter, which helped to drive the company back to a profit.

  Tech

  Nov 2, 2023
• Shopify CEO calls CRA request for Canadian stores’ records ‘overreach’

  Shopify CEO Tobi Lutke said he plans to fight after six years' worth of records for Canadian Shopify stores were requested by the CRA.

  Canada

  Jun 26, 2023
• Shopify layoffs: Company faces class action over severance offers 

  A class-action lawsuit alleges Shopify Inc. reneged on a deal it offered some employees who were laid off in a recent round of cuts.

  Canada

  May 30, 2023
• Shopify stock soars as it cuts staff again. Here’s what to know

  Canada's Shopify Inc. says it will reduce its headcount by about 23 per cent and sell its logistics business to Flexport, a supply chain management company.

  Tech

  May 4, 2023
• Shopify president says no more layoffs coming as tech cuts continue

  Shopify was among the first of the world's tech giants to lay off staff in a summer cut that impacted 1,000 workers - roughly 10 per cent of staff.

  Tech

  Feb 17, 2023
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• Shopify has culled meetings. Should other companies do the same? 

  Shopify cut the vast majority of meetings from employees' calendars at the start of the year. Experts say there's some merit to the move, even in the remote work reality.

  Tech

  Jan 11, 2023
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• Canada’s highest-paid CEOs made average of $14.3M in 2021, shattering records: report

  The average calculated in the report from the Canadian Centre for Policy Alternatives (CCPA), released Monday, far surpasses the previous record of $11.8 million in 2018.

  Canada

  Jan 3, 2023