Shopify
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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
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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
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Shopify drop weighs on S&P/TSX composite on down day for North American marketsThe S&P/TSX composite index was down 131.80 points at 18,972.68.ConsumerJul 26
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Walmart cuts outlook over inflation pains, sending shockwaves through Wall StreetWalmart shares dropped nearly eight per cent after the retail giant cut its profit outlook for the year, citing lower discretionary spending amid inflation.EconomyJul 26
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Shopify to lay off 10% of workforce after pandemic growth bet ‘didn’t pay off’: CEOShopify 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.TechJul 26
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Shopify shareholders vote to protect CEO’s voting power, approve stock splitShopify shareholders voted to solidify founder and CEO Tobi Lutke's voting power for as long as he is at the company.TechJun 7
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Crypto and tech stocks are plummeting. What that means for your investmentsTech 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.MoneyMay 10
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Shopify reaches deal to buy logistics company Deliverr for US$2.1 billionUnder the agreement, Shopify will pay about 80 per cent of the Deliverr purchase price in cash and 20 per cent in Shopify shares, the company says.TechMay 5
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Shopify looks to protect CEO’s voting power with governance structure changesShopify is proposing changes to its governance structure to preserve founder and CEO Tobi Lutke's voting power,TechApr 11
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Shopify stock sinks on revenue warning amid easing COVID restrictionsAs restrictions start to drop around the world, so has Shopify's stock after the e-commerce giant warned that its revenue growth will slow this year.CanadaFeb 16
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