The Traderszone Network

Published in TZ Latest News 9 March, 2017 by The TZ Newswire Staff

Shopify Results in 3 Charts

Shopify Inc. (NYSE: SHOP) recently reported its first full-year results since the company went public in May of 2015. It grew its revenue 90% year over year, and the gross merchandise volume, the amount of merchant orders processed on the platform, by 99%. This e-commerce enabler is worth looking into, as its market cap of $5.35 billion is small in comparison to tech-titanĀ Amazon‘s $405 billion valuation; it may provide an opportunity to invest at an early stage into a high-growth company taking advantage of the move to online shopping.

read more