in October 2019 to approximately 1.3 million by July 2020, according to analysts at Baird cited by The Journal. The influx of merchants and emphasis on ecommerce caused Shopify's revenues to climb 97% YoY in Q2 and will boost Shopify's performance in the years to come if it can retain its new clients.
And Shopify still has ample opportunity to recruit businesses as the pandemic stretches on. Thirty percent of US retail small- and medium-sized businesses by the US Census Bureau reported that their use of online platforms to offer goods had picked up as of late August 2020 relative to March 13, 2020, and Shopify has surely benefited from this group. But 36% of responding US retail SMBs still didn't use online platforms, giving Shopify more merchants to bring to its platform.
WILL THEY PAY THEIR TAX
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:
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside Akon City, the $6 billion smart city Akon is building in Africa - Business InsiderAkon, the pop star behind hits like 'Smack That,' is masterminding a $6 billion smart city in Africa backed by a shadowy investor. Inside Akon City, where everything will be funded by 'Akoin' and the singer hopes to reinvent his legacy. Shadowy investor He better confer with TI before doing that. Completely filthy, well done, looks fking awesome! Akon
Source: BusinessInsider - 🏆 729. / 51 Read more »
We went inside a West Bank factory to see how people make soap out of olive oil - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Meet Business Insider's 10 execs transforming the advertising and media industries - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Top Senate Republican says more coronavirus relief may not come until after election - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Here's why successful leaders keep innovation top of mind even now - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. ING_news Hi everyone, I would like to ask for help for someone very special to me, My dog , he has been diagnosed with Parvo and his hind leg has been very swollen preventing him from walking in addition to having a high fever Please help in Donating and share🙏🏽
Source: BusinessInsider - 🏆 729. / 51 Read more »