Shopify Reports Third Quarter Revenue That Beat Estimates
Shopify Inc. soared after reporting third-quarter sales that beat analysts’ estimates, a sign that the Canadian e-commerce company is gaining momentum as spending continues to shift from stores to websites.Revenue for the period rose about 26% to $2.16 billion, the company said in a statementBloomberg Terminal Tuesday, beating the $2.12 billion average estimate of analysts surveyed by Bloomberg....
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