Shopify

• 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
  
• 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
  
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• Shopify drop weighs on S&P/TSX composite on down day for North American markets

  The S&P/TSX composite index was down 131.80 points at 18,972.68.

  Consumer

  Jul 26
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• Walmart cuts outlook over inflation pains, sending shockwaves through Wall Street

  Walmart shares dropped nearly eight per cent after the retail giant cut its profit outlook for the year, citing lower discretionary spending amid inflation.

  Economy

  Jul 26
• 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
• Shopify shareholders vote to protect CEO’s voting power, approve stock split

  Shopify shareholders voted to solidify founder and CEO Tobi Lutke's voting power for as long as he is at the company.

  Tech

  Jun 7
• 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
• Shopify reaches deal to buy logistics company Deliverr for US$2.1 billion

  Under 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.

  Tech

  May 5
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• 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
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• Shopify stock sinks on revenue warning amid easing COVID restrictions

  As 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.

  Canada

  Feb 16