Briefing
e-commerce

Shopify Shares Surge As Revenue Growth Ticks Higher

By
Ann Gehan
· · Source: The Information

Shopify’s revenue growth picked up slightly in the third quarter, powered by growth in payment processing and other add-on services it sells to existing customers of its e-commerce software. Shares in Shopify, which have tumbled around 75% this year, surged 18% following the results. Revenue totaled $1.37 billion, up 22% from the same quarter last year. That was an uptick from the 16%...

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