Shopify Shares

• 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
  
• ‘Incredible challenges’: Shopify president reflects on layoffs and retail’s future

  Shopify President Harley Finkelstein says the Ottawa-based e-commerce company has had to make 'tough decisions' including layoffs as it adjusts to the post-pandemic economy.

  Tech

  Dec 13, 2022
  
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• Shopify shares surge as execs chart path back to profitability following layoffs

  Shopify's shares surged on Thursday as its president said the e-commerce company will return to profitability following missed bets and layoffs earlier this year.

  Tech

  Oct 27, 2022
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• Shopify’s big e-commerce bet failed. What does that signal for retail’s future?

  Shopify says its big bet on e-commerce accelerating didn't pan out, leading to layoffs this week. What does that mean for the future of retail, post-pandemic?

  Consumer

  Jul 27, 2022
• Shopify posts US$1.2B net loss in 2nd quarter amid deep job cuts

  Shopify pointed to higher costs related a recent acquisition and increased pressure from inflation on the e-commerce market as dragging down earnings in the months to come.

  Tech

  Jul 27, 2022
• Shopify to lay off 10% of workforce after pandemic growth bet ‘didn’t pay off’: CEO

  Shopify is cutting 10 per cent of its global workforce, the Ottawa-based e-commerce giant announced Tuesday, after its pandemic growth plans failed to materialize.

  Tech

  Jul 26, 2022
• Crypto and tech stocks are plummeting. What that means for your investments

  Tech stocks such as Shopify have seen their values drastically drop in the past few months. Here's how the changing market might be affecting your portfolio.

  Money

  May 10, 2022
• Shopify looks to protect CEO’s voting power with governance structure changes

  Shopify is proposing changes to its governance structure to preserve founder and CEO Tobi Lutke's voting power,

  Tech

  Apr 11, 2022
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• Fresh off Q4 profit, Shopify to focus on fulfilment, international market to sustain pandemic surge

  Shopify executives said they plan to pour money into strengthening its delivery fulfilment network and targeting international brands that would benefit from e-commerce.

  Money

  Feb 17, 2021
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• Shopify to accelerate fulfilment rollout on strong demand, shares up on results

  Total revenue in the second quarter was $361.9 million, a 48 per cent increase from Q2 in 2018, and above the $350.4 million expected by analysts.

  Tech

  Aug 1, 2019