Shopify surges 12% after crushing 2nd-quarter revenue expectations
. "We are committed to transferring the benefits of scale to our merchants, helping them sell more and sell more efficiently, which is especially critical in this rapidly changing environment."
In addition to revenue, new stores created on the Shopify platform surged 71% in the second quarter from a year earlier, the company reported. At the same time, gross merchandise volume jumped 119% on the year. Shares of the Canadian e-commerce company have been on a tear this year as the coronavirus pandemic changes how consumers shop. The company has gained
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