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Light First Quarter Guidance Dimmed Shopify's Q4 Beat And Massive Potential

Shopify Inc (NYSE: SHOP) posted its fourth quarter results on Tuesday. Although its performance during the last quarter of 2023 surpassed estimates, its outlook for the undergoing quarter was mixed. Shopify entered 2024 with a clear goal of expanding its addressable market, going against its main rival, the e-commerce titan, Amazon.com Inc (NASDAQ: AMZN). However, Shopify turned its most dangerous revenue threat into an opportunity by striking a deal last year to offer Buy With Prime to its merc

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Shopify Q4 2023 Earnings: A Boost for E-commerce and Cost Concerns

Shopify’s fourth-quarter 2023 earnings showed significant gains, but shares of the e-commerce platform fell on Wall Street.

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