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Internet, Everywhere--(Newsfile Corp. - July 8, 2022) - Shopify Inc. (NYSE, TSX: SHOP), a provider of essential internet infrastructure for commerce, today announced that it has completed its acquisition
Shopify will be acquiring Deliverr for $2.1 billion in a cash-and-stock deal as it aims to create a strong end-to-end logistics platform
The company had announced its results for the first quarter of the year. It also reported that the company would buy Deliverr for $2.1 billion in stocks .
SHOP earnings call for the period ending March 31, 2022.
Shopify shares were pummelled as the Canadian e-commerce software firm fell short of estimates for revenue and profit