Shopify, the upstart challenging eBay and Amazon.com, is now generating more than $1 billion in quarterly sales. On Oct. 28, Shopify earnings missed third-quarter estimates, but shares reversed sharply higher in heavy volume. What Is Shopify And How Does It Work? Read More...
Morningstar Research
Analyst Report: Shopify Inc.
Shopify offers an e-commerce platform primarily to small and midsize businesses. The firm has two segments: subscription solutions (43% of fiscal 2018 revenue) and merchant solutions (57% of fiscal 2018 revenue). The subscription solutions segment allows Shopify merchants to conduct e-commerce on a variety of platforms, including the company’s website, physical stores, pop-up stores, kiosks, social networks (Facebook), and Amazon. Merchant solutions are add-on products for the platform that facilitate e-commerce and include Shopify Payments, Shopify Shipping, and Shopify Capital.
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