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SHOP — Shopify News Story

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Shopify gains on Meta AI-powered shopping deal

BUZZ-Shopify gains on Meta AI-powered shopping deal

** US listed shares of e-commerce firm Shopify SHOP.O extend gains, up 6.53% at $146.80

** Co announces it is partnering with Meta Platforms META.O on AI-powered shopping

** SHOP and META plan to allow the Facebook parent's personal AI agent, Muse, to complete purchases on behalf of users across Shopify's store network, the cos said on Monday

** SHOP closed 7.3% higher on Monday after the announcement

** Including session moves, SHOP down about 8% this year, META up about 13%


(Reporting by Prathik Jayaprakash in Bengaluru)

((Prathik.Jayaprakash@thomsonreuters.com))

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