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Data source: Shopify. Chart buy author. In the first nine months of 2024, Shopify's GMV and revenue both grew 23% year over year. It stopped disclosing its GPV growth on a quarterly basis in the ...
SHOP earnings call for the period ending September 30, 2024.
Shopify uses a metric called gross merchandise volume (GMV). On Nov. 12, Shopify reported financial results for the third quarter of 2024. Why Shopify Stock Skyrocketed 48% Last Month
[3] As of 2024, Shopify hosts 5.6 million active stores across more than 175 countries. [4] According to the company's yearly financial report for 2023, its total revenue reached $7.1 billion, and Gross Merchandise Volume (GMV) increased 20% to $235.9 billion over the prior year. [5] Shopify is the second largest publicly traded Canadian ...
The stock is also trading just below the analyst community's consensus 12-month price target of $119.70. Moreover, nearly half of those analysts rate the stock as a mere "hold" at this time.
Shop Pay (formerly Shopify Pay) is a checkout and payment method developed by Shopify. Users add shipping and billing information to a Shop account, which enables one-click checkout on online stores that offer Shop Pay. In 2024, Shopify reported that Shop Pay had over 150 million users worldwide. [1]
After completing his JD and MBA, Finkelstein worked at a law firm in Toronto for a year. In 2009, Finkelstein met with Tobias Lütke, the co-founder and CEO of Shopify, to discuss opportunities for the company, [10] and became one of the first merchants on Shopify. [14] Finkelstein was hired soon after and was named Shopify's Chief Platform ...
However, Shopify stock would need to return an average of about 45% per year through 2030 for its market cap to hit $1 trillion. That's a tall order for even a small-cap growth stock, let alone a ...
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related to: shopify 1$ 3 months