Shopify Now Has an End-to-End Platform For Merchants, Logistics, and Consumers
E-commerce powerhouse Shopify (NYSE: SHOP) recently launched a new app called Shop, which builds on its app Arrive, designed to help shoppers track orders, and Shop Pay accelerated checkout. While Shop includes the ability to get package delivery updates, the real reason for the software launch is to make it easier for Shopify's customers -- the merchants utilizing its platform -- to connect with consumers.
In a nutshell, Shop allows a user to discover and create a feed of businesses, receive updates from said businesses, easily order and check out, and manage shipment and returns. With its debut, Shop now yields Shopify an end-to-end e-commerce solution covering merchant services, logistics, and a consumer-facing marketplace. Does it support the ludicrous premium on the stock? Probably not. No matter, though. Betting against this ambitious digital commerce empowerment company would be folly.
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Source Fool.com
