Tag: e-commerce
Shopify merchants set $9.3-billion sales record over Black Friday, Cyber Monday
Over 61 million consumers globally made purchases from Shopify sellers. Defying industry forecasts of a slowdown in retail purchases, Shopify merchants hit a new…
Shopify shares jump after company’s Q3 revenue, profit beat analyst expectations
Cost reductions, Amazon fulfillment partnership fuel strong Q3 for Shopify. Canadian e-commerce giant Shopify posted higher-than-expected revenue and profit during the third quarter of…
Clearco secures new equity financing from existing investors and asset-backed facility as struggling FinTech executes complex recapitalization plan
Inovia, Founders Circle double down on Clearco with debt buyback from SVB, $60-million USD Series D. Toronto-based FinTech startup Clearco has completed a series…
Long-time VP and product leader Satish Kanwar departs Shopify
Kanwar steps down 10 years after Shopify’s Jet Cooper acquisition. Long-serving Shopify executive Satish Kanwar is leaving the company after 10 years. The Shopify…
Shopify makes checkout solution Shop Pay available to enterprise retailers not using Shopify
The move represents part of Shopify’s push to woo larger clients. Shopify is making its one-click online checkout solution, Shop Pay, available to enterprise…
Shopify plans to “aggressively pursue” ID of funders in cases against “patent trolls”
Company filed motion in Texas court demanding Lower48 IP LLC reveal third-party interests. After battling patent trolls for years, Shopify has announced plans to…
Shopify built Indigo’s new website in three days following ransomware attack
After reaching out to Shopify, Indigo was back online with a new site in three days. When Indigo was struck by ransomware and its…