Tag: Shopify

Shopify revenue skyrockets as businesses rush online during pandemic

Jennifer Goula
Shopify revenue - Shopify app on phone

The online and mobile commerce platform was losing money a year ago and is now exploding in popularity. Shopify revenue has taken off, reporting $36 million in profits for the second quarter of 2020. This represents double what it had been taking in during the same quarter in 2019. The company has been widely benefiting from the COVID-19 lockdowns as businesses rushed online. The Canadian company said that it had earned 29 cents per diluted share during its second quarter which ended at the close of June. Comparatively, during the…

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Shopify digital commerce firm makes permanent shift to work-from-home

L. Green
Shopify digital commerce - Shopify online - computer

CEO announces the intention to default to working from home even when offices reopen. The Shopify digital commerce company, the most valuable firm in Canada, announced through a tweet from its CEO that it would be “digital by default” moving forward. By this, he meant that even after offices in the locked down country reopen, it plans to keep as many of its employees working from home as possible. At the same time, despite the federal or provincial rulings, it is keeping offices closed until 2021. CEO of the Shopify…

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Geolocation for QR Codes is a game changer with Solyo

QR Code Press
Geolocation for QR Codes

Solyo.io introduces a revolutionary QR Code Marketing Platform. Solyo.io makes any product smarter and enables brands of all size to engage richer conversations with their customers, at the right moment of need. Tailored experience for each moment of need In-store, QR codes powered by Solyo, will present pre-sales information such as in-store coupons, product presentation, product authentication or product ratings. By detecting the store where the QR code is scanned, a coupon specific to each store is being presented : One QR code enable hundreds of retailers. At-home, the very…

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Shopify Black Friday sales break records at $1 million per minute

Jesse Collins
Black friday sales mobile commerce optimized

At the peak of the day, merchants selling over this multi-channel commerce platform broke their previous records. Shopify has released its initial Black Friday sales figures, revealing that it has broken all its previous records. The platform, which is currently used by more than 500,000 merchants, cumulatively topped all their previous records. Last year’s sales peak had been $555,716 per minute and was left behind by this year’s $1,000,000 per minute. This most recent Black Friday sales success was interpreted by Shopify as a demonstration of the importance of that…

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Shopify is first to use commerce side of Facebook’s social media marketing

Sam Lambert
Facebook social media mobile marketing buy button

The company has now become the initial user of the conversational shopping feature with Messenger integration. Shopify Inc. has now decided to lead the way when it comes to the upgraded commerce opportunity offered by Facebook’s social media marketing over its multi-channel cloud-based platform that has been created for small and medium sized businesses. It has now integrated with the new Facebook Messenger Platform for offering live customer support. It will also enhance social media marketing through push notifications and offer automatic order confirmations, shipping updates and a great deal…

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