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  • Photo: Shopify Inc.

03.11.2020

Artikel Nummer: 33911

Shopify Canada in the black with record Q3


The wave of e-commerce has also advanced the business of Shopify, a proprietary e-commerce platform for online stores and retail point-of-sale systems.

 

In Q3/2020, the Ottawa-based company, which keeps its books in USD currency, posted revenues of USD 767.4 million, a significant leap of 96% compared to the same period last year (USD 390.5). Shopify's earnings were at USD 191.1 million, compared to a loss of USD 72.8 million in Q3/2019.

 

Harley Finkelstein, who just became president in September, commented: “We believe these changes in the landscape will endure as consumers’ new shopping behaviours stick and become the new normal.” (sh)

www.shopify.com

 

 

 

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