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Flexport unveils ecommerce tools as returned CEO aims to regain profitabilityCompanies ranging from Shopify to Walmart have launched their own ecommerce platforms to compete with industry leader Amazon.com. Sellers w...
Shopify sells shipping service firm Deliverr, other assets amid narrowing ambitionsMost of Shopify's fulfillment assets will be acquired by logistics provider Flexport in an all-stock deal that also includes the sale of th...
Shopify's revenue growth slowest in seven years, shares plungeShopify's first-quarter revenue rose 22% to $1.2 billion, a far cry from nearly 100% growth during the early days of the pandemic. Analysts...
Shares of Shopify plunge by 15%, company plans to acquire DeliverrShopify missed predictions by 23% as it announced its quarterly report. It also declared that it will buy a start-up Deliverr for $2.1 bill...
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