Shopify Shares Dip

Shopify Inc., an ecommerce platform that enables merchants to sell products online, posted their slowest growth since their launch in 2015. Compared to the 90 percent growth in its first year as a public company, the 71% in revenue growth reflects a steady decline since the second quarter of 2016.

“In the short and mid-term our focus will be to continue to grow the number of merchants on our platform and our share wallet,” Chief Financial Officer Russ Jones says. “We think creating that bigger piece of pie positions us much better once we want to move more towards achieving longer-term profitability goals.”

Analysts seem to think the 4.9 percent drop in shares looked like a brief dip in the company’s impressive rise this past year. In their earnings release, the company says that its net loss narrowed to nearly $3-million, or 3 cents per share, in the three months prior to Dec. 31, from $8.9-million, or 10 cents per share the previous year.

Follow us on social media for the latest updates in B2B!

Image

Latest

Commerce media
A Look at the Rise of Commerce Media Networks: How Nift Helps Brands Own How Their Message Shows Up
July 2, 2025

As traditional digital advertising struggles to retain consumer trust, brands are exploring new, more authentic ways to connect with shoppers. Platforms like commerce media networks, which weave together commerce, content, and data, are emerging as powerful tools in this shift. Research from MG2 Advisory reveals that only about 37% of consumers feel brands genuinely…

Read More
Hospitality leadership
Heart-First Hospitality Leadership: How Saying ‘Yes’ Transforms Guest Experiences, Boosts Staff Morale, and Drives Business Results
July 2, 2025

As the hospitality industry emerges from years of pandemic-driven upheaval, hospitality leadership is evolving to meet new challenges. Leaders are looking for new ways to retain staff, elevate guest satisfaction, and drive revenue without burning out their teams. One trend gaining traction is the power of “Yes”: empowering employees to say yes more often,…

Read More
civic leadership
Mayor Gerard Hudspeth’s Civic Leadership Journey: What Politics Teaches About People
July 2, 2025

What does a mayor learn about human nature? In this episode of Professional Quotient: Conversations that Build Equity, host Jason Winningham sits down with Gerard Hudspeth, longtime mayor of Denton, Texas, and a respected figure in civic leadership. Drawing from his years in public service, Hudspeth explores how leading a city reveals the core…

Read More
sepsis
Debunking Sepsis Myths – Episode 1
July 1, 2025

In the first episode of The Michael Rothman podcast, we address misconceptions about sepsis in healthcare. Although it’s often claimed that sepsis accounts for nearly a third of hospital deaths, many of these deaths are linked to chronic conditions with sepsis as a secondary factor. The frequently cited statistic that delays in treating sepsis increase…

Read More