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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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