Channelnews : The Company Powering Thousands Of Online Retailers In Australia Reports Profit Fall Despite Big Revenue Surge

channelnews : The Company Powering Thousands Of Online Retailers In Australia Reports Profit Fall Despite Big Revenue Surge

Shopify, whose ecommerce software underpins some of Australia’s biggest retailers as well as thousands of small online stores, says consumer spending remains resilient across its global platform — despite persistent inflation and economic uncertainty. In Australia, major brands including JB Hi-Fi, The Good Guys, Bing Lee, and Myer use Shopify’s systems, alongside more than 3,400...

Shopify Stock Skyrockets on Holiday Hopes Despite Profit Squeeze – What’s Next for SHOP?

Shopify’s logo. The e-commerce platform has seen explosive growth in sales (Q3 revenue up 32% YoY) but faces questions about rising costs and rich valuation. Its stock is up ~60% in 2025, and the company is forecasting a strong holiday quarter reuters.com reuters.com. Sources: Reuters reuters.com reuters.com reuters.com; Reuters (OpenAI partnership) reuters.com reuters.com; Reuters (Estée Lauder partnership) nasdaq.com nasdaq.com; 24/7 Wall St 2…