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Shopify transfers its US listing from the NYSE to the Nasdaq

Nearly 10 years after filing to go public on the New York Stock Exchange (NYSE) and Toronto Stock Exchange, Canadian e-commerce platform Shopify has announced that it’s transitioning its U.S. listing to the Nasdaq. In a filing with the Securities and Exchange Commission (SEC) on Wednesday, Shopify said it is removing its Class A shares … Read more

Olyn secures Beatles biopic for its ‘Shopify for filmmakers’

The recent Brian Epstein biopic “Midas Man,” a film about the manager of The Beatles, debuted not on a platform like Netflix or Amazon, but on a startup that bills itself as “Shopify for filmmakers.” So what, you might ask? The answer is that the new platform, Olyn, claims to offer a new model for … Read more

Shopify (SHOP): A few points to note about the Q4 2024 performance

Shares of Shopify Inc. (NYSE: SHOP) were down over 2% on Wednesday. The stock has gained 16% over the past one month. The ecommerce company delivered a strong performance for the fourth quarter of 2024, with year-over-year growth in revenue and profits, and meaningful traction across many areas of its business. Revenue and earnings growth … Read more

Shopify took down Kanye’s swastika t-shirt shop, but another antisemitic storefront still operates

Shopify took down Kanye West’s online store after the musician sold t-shirts with the swastika symbol. West, who also goes by Ye, advertised his online store in a Super Bowl commercial on Sunday, directing viewers to his website, where the only item listed was the swastika t-shirt. Though Shopify removed a policy banning sellers from … Read more

Shopify (SHOP) Q4 2024 Earnings: Key financials and quarterly highlights

Shopify Inc. (NYSE: SHOP) reported its fourth quarter 2024 earnings results today. Revenue grew 31% year-over-year to $2.81 billion. Net income was $1.29 billion compared to $657 million last year. GMV amounted to $94.5 billion. The company expects revenue to grow at a mid-twenties percentage rate on a year-over-year basis in Q1 2025. (This story will … Read more

Shopify pushes for ‘open trade’ as Trump delays import exemption

On the same day that President Donald Trump delayed ending a trade exemption targeting certain Chinese imports, e-commerce company Shopify published a blog post making its stance on U.S. trade policy clear. In the post, Shopify endorsed “open trade,” calling for regulators to give online merchants the “freedom to expand without constraints imposed by geopolitical … Read more

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