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Canada's Shopify Inc. says it will reduce its headcount by about 23 per cent and sell its logistics business to Flexport, a supply chain management company.
Canada’s Shopify Inc. says it will reduce its headcount by about 23 per cent and sell its logistics business to Flexport, a supply chain management company.
E-commerce company proposes ‘founder share’ giving CEO Tobi Lütke 40% of voting power
The company's forecast indicated the e-commerce boom seen during the peak of the COVID-19 pandemic was cooling as more shoppers return to stores.
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No Canadian banks were listed in the release, although Shopify sometimes adds a Canadian dealer to its underwriting syndicates in a secondary role