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Canada's Shopify forecasts revenue above estimates, shares surge

Americas 1 source 1 country 🔦 Under-reported 54m ago

Canadian e-commerce company Shopify has forecasted current-quarter revenue above Wall Street estimates, driven by strong demand and platform growth. The positive outlook prompted a significant surge in the company's shares.

The upbeat financial projection underscores the resilience of Shopify's business model amid broader economic uncertainties, reflecting continued merchant adoption and robust transaction volumes across its digital commerce ecosystem.

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Read the full story at the source Channel NewsAsia · SG
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