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SHOP - Shopify Inc News Story

C$1308.36 -14.2  -1.1%

Last Trade - 14/08/20

Sector
Technology
Size
Large Cap
Market Cap £91.93bn
Enterprise Value £88.86bn
Revenue £1.59bn
Position in Universe 1st / 2682

BRIEF-Shopify Announces Shopify Balance And Shop Pay Installments

Wed 20th May, 2020 5:45pm
May 20 (Reuters) - Shopify Inc  SHOP.TO :
    * SHOPIFY ANNOUNCES MAJOR PRODUCT LAUNCHES AND UPDATES AT
VIRTUAL
EVENT REUNITE, INCLUDING SHOPIFY BALANCE AND SHOP PAY
INSTALLMENTS
    * SHOPIFY INC - AVERAGE DAILY LOCAL ORDERS ON SHOPIFY FOR
SIX
WEEKS ENDING APRIL 24 GREW 176%, COMPARED TO PRIOR SIX WEEKS
    * SHOPIFY - PLAN TO OFFER MERCHANTS CASHBACK AND DISCOUNTS
ON
EVERYDAY BUSINESS SPENDING LIKE SHIPPING & MARKETING
    * SHOPIFY - WITH SHOPIFY BALANCE THERE WILL BE NO MONTHLY
FEES OR
MINIMUM BALANCES
    * SHOPIFY - SHOPIFY BALANCE, BUSINESS ACCOUNT AND CARD BUILT
FOR
INDEPENDENT BUSINESSES, WILL LAUNCH IN EARLY ACCESS LATER THIS
YEAR IN U.S.
    * SHOPIFY - TO LAUNCH SHOP PAY INSTALLMENTS LATER THIS YEAR
& BE
AVAILABLE TO U.S. MERCHANTS ELIGIBLE FOR SHOPIFY PAYMENTS
    * SHOPIFY - AS OF MARCH 20, SELLING GIFT CARDS AVAILABLE TO
ALL
MERCHANTS, AND SHOPIFY HAS SEEN MORE MERCHANTS UTILIZING THIS
FEATURE THAN EVER BEFORE
    * SHOPIFY INC -  ANNOUNCES SHOP PAY INSTALLMENTS, SHOPIFY'S
NEW
"BUY NOW, PAY LATER" OPTION
    * SHOPIFY INC - SHOPIFY IS PARTNERING WITH FACEBOOK

Source text for Eikon:  urn:newsml:reuters.com:*:nBw301J0sa
Further company coverage:  SHOP.TO 

 ((Reuters.Briefs@thomsonreuters.com;))
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