Canada, Ottawa based e-commerce site Shopifyis known as a platform that offers people the opportunity to open their own online store. Apart from these virtual store opportunities, it is an establishment that also has retail point of sale systems.
The e-commerce giant company, which has experienced a big boom due to the pandemic period, announced the results of the last third quarter. The findings did not satisfy the company. The data obtained during the stagnation period before the critical shopping season was below the expectations of the analysts.
The NBA is Shopify’s first address in NFT sales
Shopify now sells NFT products. The company put these digital products on sale through its stores. Its first investor is the Chicago Bulls.
Shopify revenue dropped in 2021
The flurry of sellers at the height of the pandemic pushed retail stores to use e-commerce more widely. In this period Shopify, provided a great income thanks to the infrastructure it provides to users to set up an online store. However, the easing of the pandemic and the fact that people start to go out more often drags e-commerce brands to wobble.
analysts, Shopify He said he expects small businesses that are growing steadily to decline with his guidance. The Canadian-based company announced that they expect revenue this year to gradually increase. However, the growth 2020 He added that it would not be possible to exceed the increases in the previous year.
September 30In the third quarter results, which ended in , the company’s expected increase 46 percent There was less growth. Refinitiv per share, 81 cents adjusted profit. This is what analysts $1.18 still below the estimate.
2020The company, which nearly tripled in USA shares traded on the stock exchange, Thursday on the pre-market trading platform 4 and a half percent fell. A widely watched figure for the performance of the e-commerce industry. gross volume of goods (Gross merchandise volume – GMV) in the last third quarter 35 percent with an increase $41.8 billion took place as
Shopify, to help sellers provide better sales management TikTok with companies such as Affirm, AmazonPay and Paypal established partnerships with payment providers such as More merchants joined the platform, and subscription solutions grew revenue in the quarter. 37 percent by increasing $336.2 milliontook it out.
You ShopifyWhat do you think about these ups and downs in ‘s income? You can share your ideas with us in the comments.