News Formal

E-commerce company Shopify reports Q1 loss, revenue up 23% from year ago

  • 📰 SooToday
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 85%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

OTTAWA — Shopify Inc. reported a loss in its latest quarter as its revenue increased 23 per cent compared with a year ago. The e-commerce software company, which keeps its books in U.S.

OTTAWA — Shopify Inc. reported a loss in its latest quarter as its revenue increased 23 per cent compared with a year ago.

The result for the quarter compared with a profit of US$68 million or five cents US per diluted share in the same quarter last year.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Coupang Revenue Climbs 23%, Though Farfetch Deal Erodes EarningsCoupang Inc.’s quarterly revenue rose 23%, helping the company remain profitable despite an influx of rivals into one of Asia’s most competitive markets.
Source: BNNBloomberg - 🏆 83. / 50 Read more »