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By
Reuters
Published
Apr 29, 2021
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Shopify revenue more than doubles on online boom

By
Reuters
Published
Apr 29, 2021

​Canada’s Shopify Inc, thumped first-quarter revenue estimates on Wednesday, as its e-commerce platform profited from the past year’s COVID-19 driven boom in online selling.


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The company’s revenue rose 110% to $988.6 million in the quarter, above analysts’ estimate of $865.5 million, according to IBES data from Refinitiv.

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