Shopify Stock
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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.MoneyFeb 13
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Taylor Swift’s Eras Tour merch sales helped push Shopify revenues up in Q3Shopify 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.TechNov 2, 2023
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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.CanadaJun 26, 2023
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Shopify layoffs: Company faces class action over severance offersA class-action lawsuit alleges Shopify Inc. reneged on a deal it offered some employees who were laid off in a recent round of cuts.CanadaMay 30, 2023
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Shopify stock soars as it cuts staff again. Here’s what to knowCanada'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.TechMay 4, 2023
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‘Incredible challenges’: Shopify president reflects on layoffs and retail’s futureShopify 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.TechDec 13, 2022
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Shopify shares surge as execs chart path back to profitability following layoffsShopify'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.TechOct 27, 2022
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Tech firms favour hybrid, remote work. So why are they opening new offices?There's several reasons why tech companies are opening new offices, despite turning to hybrid or remote work models during the COVID-19 pandemic.TechOct 3, 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?ConsumerJul 27, 2022
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Shopify posts US$1.2B net loss in 2nd quarter amid deep job cutsShopify 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.TechJul 27, 2022
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