By Reuters Published May 9, 2024 Canadian e-commerce platform Shopify forecast its slowest quarterly revenue growth in two years against the backdrop of an uncertain economy and tepid consumer spending, sending its shares slumping about 20% on Wednesday. Reuters The Toronto-listed shares hit their lowest in six months and the company was on track to … Read more
E-commerce tech firm Rokt has appointed Marc Allsop to the role of head of EMEA, in addition to Mick O’Brien to the role of head of Australia and New Zealand, as it continues to bolster its leadership team to drive growth. O’Brien (left), Galvin, and Allsop (right) – Courtesy The executives will focus on business development in their respective … Read more
Translated by Roberta HERRERA Published Feb 21, 2024 The Canadian specialist in creating and managing e-commerce platforms experienced a 26% surge in revenue last year, reaching $7.1 billion, while its profits bolstered by 28% to $3.5 billion. Shopify The sales volume of e-commerce platforms managed by Shopify increased by 20% over the year, reaching $235 … Read more
By Reuters Published Feb 14, 2024 Canadian ecommerce services provider Shopify on Tuesday beat analysts’ estimates for fourth-quarter revenue and profit on strong demand from merchants during the all-important holiday shopping season. Reuters However, the company’s U.S.-listed and Toronto shares fell nearly 10%. Analysts pointed to the run-up in the stock for the decline and … Read more
