How Shopify’s network of sellers can take on Amazon
Shopify’s Harley Finkelstein on competing with the tech giants during the pandemic
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Today I’m talking to Harley Finkelstein, president of Shopify. Shopify is one of those companies that makes the modern internet go it makes software that allows businesses of all sizes to set up online stores, and from there it can handle everything from shipping orders to financing loans for expansion. The company went public in 2015, and as online commerce has exploded during the pandemic, it’s been on a tear ever since it just posted $988 million in revenue in the first quarter of 2021, a 110 percent increase from last year.
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Shopify Announces First-Quarter 2021 Financial Results
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Shopify reports in U.S. dollars and in accordance with U.S. GAAP
Internet, Everywhere (Newsfile Corp. - April 28, 2021) - Shopify Inc. (NYSE: SHOP) (TSX: SHOP), a leading global commerce company, announced today strong financial results for the quarter ended March 31, 2021. More entrepreneurs around the world are choosing Shopify to launch and grow their businesses, and for good reason, said Harley Finkelstein, Shopify s President. Our singular focus is on making entrepreneurship easier, and making it easier for entrepreneurs to succeed. Merchant sales growth on our platform accelerated in the first quarter as merchants leveraged our modern commerce technology, which helps them compete in any retail environment and engage directly with their customers wherever they are.