Shopify's Ottawa headquarters are seen here on May 29, 2019.
The stock price of the Ottawa-based online merchant platform was up $67.17 or 6.94 per cent to $1,034.42 Wednesday as its results beat analyst expectations, vaunting its market capitalization to $121.26 billion — and ahead of RBC’s $120.5 billion. Watch: The Bank of Canada is urging retailers to keep accepting cash during the pandemic. Story continues below.Demand has forced Shopify to reorient its priorities and standards as it rolls out new features and shelves previous plans.
The company has rolled out newer options such as curbside pickup, while also suspending its brand campaign and shifting its marketing team towards producing online tutorials such as how merchants could start selling gift cards and where they can access government assistance programs.