In spite of extreme uncertainty brought on by COVID-19 and a less-than-optimistic outlook, both Shopify (NYSE: SHOP) and Facebook (NASDAQ: FB) shareholders have had an exceptionally good year. As digital shopping continues its takeover of the retail industry, Shopify was already in growth mode. No doubt helped by federal stimulus money and consumer spending making a massive shift to online, Shopify's revenue in Q2 surged 97% higher to $714 million. Read More...
In spite of extreme uncertainty brought on by COVID-19 and a less-than-optimistic outlook, both Shopify (NYSE: SHOP) and Facebook (NASDAQ: FB) shareholders have had an exceptionally good year. As digital shopping continues its takeover of the retail industry, Shopify was already in growth mode. No doubt helped by federal stimulus money and consumer spending making a massive shift to online, Shopify’s revenue in Q2 surged 97% higher to $714 million.
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