Tech

Shopify reports Q3 revenue of $1.12B, up 46% YoY, and gross merchandise volume of $41.8B, up 35% YoY, and says cumulative GMV reached $400B (Reuters)




Reuters:

Shopify stories Q3 income of $1.12B, up 46% YoY, and gross merchandise quantity of $41.8B, up 35% YoY, and says cumulative GMV reached $400B  —  Canada’s Shopify Inc’s (SHOP.TO) third-quarter income fell in need of Wall Road estimates, harm by stiff competitors as rivals make investments more cash to develop their e-commerce platforms.





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