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Tag: Shopify

Shopify to offer installment payments through Affirm

Dive Brief: Affirm has partnered with Shopify to facilitate Shop Pay Installments in the U.S., the company announced in a press release. In the next few months, Shopify’s eligible sellers will be able to offer buy now, pay later options to customers if they choose.  Merchants will receive the full purchase price of the product …

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Shopify stock down after it suspends 2020 guidance due to coronavirus

Harley Finkelstein, COO, Shopify Scott Mlyn | CNBC Shopify suspended its full year 2020 guidance due to growing disruptions from the coronavirus pandemic, but said it expects first quarter revenue to be in-line with expectations. Shares of Shopify plunged 13% on Thursday morning. “Given the uncertainty surrounding the duration and magnitude of COVID-19, Shopify is suspending …

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Shopify: This generation has big holiday spending plans

A new survey from e-commerce platform Shopify reveals three categories of holiday shopper retailers should focus on. According to the survey, most consumers plan to spend the same or more on holiday gifts than in 2018, with millennials, parents, and online shoppers most likely to increase their spend. The majority of consumers say they will …

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Shares of Shopify drop on surprise loss, but Cramer says you’ll regret selling

Shares of Canadian e-commerce company Shopify dropped after reporting a surprise loss on earnings. The stock slipped 3.8% on Tuesday after Shopify posted an earnings loss of 25 cents in the third quarter, missing analysts’ estimates of 11 cents gain, according to FactSet. However, CNBC’s Jim Cramer said investors will regret selling Shopify as the …

Shares of Shopify drop on surprise loss, but Cramer says you’ll regret sellingRead More