Employees at Shopify’s headquarters in Ottawa.

Chris Wattie | Reuters

Canadian e-commerce company Shopify beat Wall Street estimates for second-quarter revenue on Wednesday, as more brick-and-mortar retailers listed on its online platform to boost their sales during coronavirus-led lockdowns.

Revenue, for the second quarter ended June 30, rose about 97% to $714.3 million from a year earlier, beating the average analyst expectation of $513.83 million, according to Refinitiv IBES data.

Source link

Write A Comment