x18 - Shopify’s earnings climb by 28 percent in 2023

Shopify’s earnings climb by 28 percent in 2023

Shopify, the Canadian platform for developing and maintaining e-commerce platforms had a 26 percent increase in revenue, reaching US $ 7.1 billion, while profits increased by 28 percent to US $ 3.5 billion.

The sales volume of Shopify-managed e-commerce platforms climbed by 20 percent during the year, reaching US $ 235 billion, representing a US $ 38.7 billion gain over the previous year, which saw just 12 percent growth. Read more about the study…

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