Shopify Announces Plans To Bolster Its Warehouse And Delivery Network
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In an age where seemingly everything is bought and sold on Amazon, Shopify has done the impossible. By providing a platform for merchants, brands, and traditional retailers to bring their stores into the internet age, the Canadian e-commerce upstart has found a way to compete.
But its earnings call on Wednesday came with projections of slowing growth, accelerating its stock's recent tumble. To revive the platform, President Harley Finkelstein came with a plan: Shopify must Amazon-ify its business.
Source Fool.com