Shopify sales surge as social-distance selling gets a lockdown boost
While gross merchandise volume through its point-of-sale channel fell 71% in six weeks Shopify retailers replaced 94% of that with online sales
06 May 2020 - 16:49
New York — Shopify has reported first-quarter revenue that topped analysts’ estimates as businesses moved swiftly online during the coronavirus pandemic.
Sales grew by 47% to $470m from the same quarter a year ago, Canada-based Shopify said in a statement on Wednesday. Analysts had expected about $443m, according to data compiled by Bloomberg...
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