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Tag Archives: Shopify stock

Shopify’s revenue jumps 25 per cent, driving a return to profit in Q3

Descrease article font size Increase article font size Canada’s Shopify returned to a profit in the third quarter, driven by strict cost controls and adoption of artificial intelligence to attract more merchants to its services, sending its U.S. shares 18 per cent higher before the bell. The company has launched …

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Shopify CEO calls CRA request for Canadian stores’ records ‘overreach’

The CEO of Shopify is vowing to fight a request from the Canada Revenue Agency asking the e-commerce company to provide it with six years’ worth of merchant records. “I don’t particularly want a fight with the CRA (Canada’s tax authority)- but we got asked to backchannel them six years of records …

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