By
Reuters
Reuters
Published
Apr 29, 2021
Apr 29, 2021
Shopify revenue more than doubles on online boom
By
Reuters
Reuters
Published
Apr 29, 2021
Apr 29, 2021
Canada’s Shopify Inc, thumped first-quarter revenue estimates on Wednesday, as its e-commerce platform profited from the past year’s COVID-19 driven boom in online selling.

The company’s revenue rose 110% to $988.6 million in the quarter, above analysts’ estimate of $865.5 million, according to IBES data from Refinitiv.
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