Shopify Scores a Black Friday and Cyber Monday Win
E-commerce solutions provider Shopify (NYSE: SHOP) recently announced that it processed over $1 billion in gross merchandise volume (GMV) on its platform from more than 500,000 merchants in 175 countries during the extended Black Friday and Cyber Monday weekend.
During its peak, Shopify merchants were processing more than $1 million in transactions per minute, and mobile sales accounted for 64% of all orders -- a 10% jump from 2016.
Image source: Getty Images.
Source: Fool.com
Shopify Inc Stock
€66.90
2.500%
Our community is currently high on Shopify Inc with 5 Buy predictions and 1 Sell predictions.
With a target price of 75 € there is a slightly positive potential of 12.11% for Shopify Inc compared to the current price of 66.9 €.
