Tag Archives: shop

Amazon.com Selects Shopify For Online Store Services

Shopify (SHOP) stock surged Thursday after Amazon.com (AMZN) selected the company to be its preferred platform for helping small and midsize retailers build and manage online stores. The move is part of a plan that Amazon announced in March to ultimately shut down its Amazon Webstore business, which provides a similar service. Shopify stock was up 21%, near 35, in midday trading on the stock market today. Based in Ottawa, Canada, Shopify raised

Shopify Market Opportunity Seen In $10 Billion Range

Several analysts initiated coverage of e-commerce company Shopify (SHOP) following the end of its IPO quiet period, giving the e-commerce company positive reviews. Shopify provides a cloud-based e-commerce platform that businesses use to build websites and sell goods across multiple sales channels, including online, mobile and social media. Shopify says that it powers over 165,000 businesses worldwide and processes nearly $4 billion in credit

IPO Stock Watch: Shopify, Baozun Rally Post-IPO

The stocks of e-commerce companies Shopify (SHOP) and Baozun (BZUN) both showed solid gains Tuesday, following their initial public offerings last week. China-based Baozun, which helps brand partners execute e-commerce strategies, rose 14% to 12.67 in heavy volume on the stock market today. China e-commerce leader Alibaba Group (BABA) holds an 18% stake in the company. Baozun priced at 10, below its expected range of 12 to 14. It offered 11