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Shopify Inc - SHOP STOCK NEWS

Welcome to our dedicated page for Shopify news (Ticker: SHOP), a resource for investors and traders seeking the latest updates and insights on Shopify stock.

Shopify Inc. (SHOP) operates a leading global commerce platform powering millions of businesses. This page aggregates official company announcements, regulatory filings, and market-moving developments for stakeholders tracking SHOP's trajectory in the e-commerce sector.

Access timely updates on earnings reports, product launches, strategic partnerships, and operational milestones. Content spans both Subscription Solutions (platform enhancements, pricing updates) and Merchant Solutions (payment innovations, shipping integrations).

All materials are sourced from verified corporate communications and SEC disclosures. Bookmark this page for consolidated access to Shopify's evolving position in digital retail infrastructure and commerce technology.

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Shopify Inc. (SHOP) Sets Black Friday Record with $4.1 Billion in Global Sales
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Shopify Inc. reports strong financial results for Q3 2023, with revenue up 25% and gross profit up 36% YoY. Free cash flow is positive for the fourth consecutive quarter, reaching 16% of revenue. The company highlights the launch of new pricing plans, expanded availability of mobile point-of-sale systems, and partnerships with Flexport, Amazon, Faire, and WPP. Shopify is recognized as a leader in the 2023 Gartner Magic Quadrant for Digital Commerce. GMV increased by 22% to $56.2 billion, total revenue increased by 25% to $1.7 billion, and gross profit grew by 36% to $901 million. Operating income was $122 million, and free cash flow was $276 million.
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Shopify Inc. announces upcoming investor events: Third-Quarter 2023 Financial Results and Investor Day.
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Faire announces global partnership with Shopify, making Faire the recommended wholesale marketplace for Shopify. Shopify becomes a Faire shareholder. Shopify Point of Sale (POS) becomes preferred provider for Faire's independent retail community. New ways for businesses to grow and manage B2B offerings will be introduced. Merchants on Shopify can conveniently reorder best-sellers from Faire's 10 million products. Brands on Shopify can simplify wholesale distribution to independent retailers. Partnership deepens Shopify's commerce offerings and extends Faire's marketplace to Shopify merchants.
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Solana Pay, a decentralized payments protocol on Solana, is now available as an approved app integration with Shopify, providing real-time access to money and eliminating bank fees. Merchants can implement Solana Pay to offer web3-native payment options.
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Shopify Inc. announces Q2 2023 financial results. Revenues up 31% YoY. Cashflow positive for third consecutive quarter. GMV increased 17% to $55.0 billion. Total revenue increased 31% to $1.7 billion. Merchant Solutions revenue increased 35% to $1.3 billion. Subscription Solutions revenue increased 21% to $444 million. Gross profit grew 27% to $835 million. Operating loss was $1.6 billion, but adjusted operating income was $146 million. Free Cash Flow was $97 million. Cash and marketable securities were $4.8 billion. Q3 2023 outlook: Revenue growth in low-twenties percentage rate. Gross margin percentage higher than Q2 2023. Operating expense dollars flat to up slightly. Stock-based compensation of approximately $110 million. Capital expenditures of approximately $45 million for the full year. Free cash flow profitability greater than H1 2023.
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Shopify Inc. (NYSE, TSX: SHOP) to announce Q2 2023 financial results on August 2, 2023. Management team to host conference call at 5:00 p.m. ET. Webcast available on Shopify's investor relations section. Archived replay to follow.
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Criteo (Nasdaq: CRTO) has announced an enhanced integration with Shopify (NYSE: SHOP) that allows Shopify merchants in the U.S. to access Criteo's services through a self-registration feature. This initiative aims to boost business growth by providing personalized marketing solutions and access to high-intent buyer audiences. Highlighting the success of this partnership, VRAI, a Shopify merchant, reported a 300% increase in Return on Ad Spend (ROAS) after utilizing Criteo's technology. The announcement is significant as it marks the intensification of their collaboration, which began in 2018. Criteo's platform leverages nearly one trillion dollars of ecommerce sales data, providing valuable growth opportunities amidst current economic challenges.

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Shopify Inc

NYSE:SHOP

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108.31B
1.21B
0.18%
72.14%
1.23%
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