Shopify Subscription Revenue Jumps 72 Percent to $43.7 Million in Q2

Ecommerce platform Shopify reports double and triple digit gains in revenue and sales volume, but also a net loss of $8.4 million. Serving small and medium-sized businesses, this 10-year year old company continues to grow, now serving more than 300,000 merchants in 150 countries and with sales totally $20 billion. Can this company sustain itself if it continues to report hefty losses?

Shopify Subscription Revenue Jumps 72 Percent to $43.7 Million in Q2 Read More »