Future Tech

Shopify revenue more than doubles on online boom

Tan KW
Publish date: Thu, 29 Apr 2021, 12:02 AM
Tan KW
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Future Tech

Canada's Shopify Inc, thumped first-quarter revenue estimates on Wednesday, as its e-commerce platform profited from the past year's COVID-19 driven boom in online selling.

The company's revenue rose 110% to $988.6 million in the quarter, above analysts' estimate of $865.5 million, according to IBES data from Refinitiv.

 


  - Reuters

 

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