Shopify Inc. is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario. It is also the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems. Shopify offers online retailers a suite of services “including payments, marketing, shipping and customer engagement tools to simplify the process of running an online store for small merchants.”
The company reported that it had more than 1,000,000 businesses in approximately 175 countries using its platform as of June 2019, with total gross merchandise volume exceeding $41.1 billion for calendar 2018.
With accelerated growth during Q1 2020, BigCommerce is looking to tap into the opportunity to raise public funds. The company’s improving operational health suggests that the timing is good for its IPO.
Fastly (FSLY) stock prices seem on the edge of a massive rally. There are several factors that are responsible for this. FSLY is said to perform better than Zoom (ZM) stock.
The markets seem to start coming back to life. Dow futures are gaining points today in the pre-market.
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