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Shopify to spend $5 million a year "to kickstart demand in carbon removal"

Shopify to spend $5 million a year "to kickstart demand in carbon removal"
dezeen.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dezeen.com Daily Mail and Mail on Sunday newspapers.

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Shopify Announces First-Quarter 2021 Financial Results


Shopify Announces First-Quarter 2021 Financial Results
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Shopify reports in U.S. dollars and in accordance with U.S. GAAP
Internet, Everywhere (Newsfile Corp. - April 28, 2021) - Shopify Inc. (NYSE: SHOP) (TSX: SHOP), a leading global commerce company, announced today strong financial results for the quarter ended March 31, 2021.
More entrepreneurs around the world are choosing Shopify to launch and grow their businesses, and for good reason, said Harley Finkelstein, Shopify s President. Our singular focus is on making entrepreneurship easier, and making it easier for entrepreneurs to succeed. Merchant sales growth on our platform accelerated in the first quarter as merchants leveraged our modern commerce technology, which helps them compete in any retail environment and engage directly with their customers wherever they are. ....

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Shopify (NYSE:SHOP) - Shopify Revenues Accelerate But Growth Rate To Start Slowing


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The e-commerce boom of 2020 is continuing into 2021 and one of the first major e-tailers to announce Q1 earnings is confirming that.
Shopify (NYSE: SHOP) reported total revenue in Q1 of $988.6 million, 110% growth year-over-year, powered by a 137% growth in Merchant Solutions revenue of $668 million.
Subscription Solutions revenue climbed 71% to $320.7 million, the Canadian-based company said Wednesday morning.
Shopify s momentum continued into 2021 as digital commerce tailwinds remained strong and merchants took advantage of the range of capabilities offered by our platform, said Amy Shapero, Shopify s CFO, in a statement. We are focused on building a commerce operating system that will help shape the future of retail. Our merchant-first business model positions us to capture the massive opportunity presented by the growth of digital commerce, benefiting both our merchants and Shopify. ....

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