Shopify: Get Ready For A Potential Bull Run In 2023

fizzik
2023-04-07

SHOP is weaving their web through the commerce enablement world with:

1) their direct in-house solutions

2) their massive 3rd party developer ecosystem who they charge ZERO% to $1 Mil/year in revenue, which turbo charges innovation & incentivizes developers to steer a tidal wave of the best merchants to SHOP.

3) their investments into many such companies like Stripe, who indirectly helps Shopify reach much further through the commerce world, builds their moat, causes their competitors to use them indirectly, and probably gives Shopify a voice with those companies about innovating solutions together, kind of like an activist shareholder.

4) they are building majority ownership into many standalone companies that help them offer solutions directly to their competitors customers….like 6 River Systems (the likes of Lockheed Martin is a 6 River Systems customers), and many more.

SHOP is crushing their so called competitors and it’s funny Amazon is a customer of a Shopify partially owned business. $Shopify(SHOP)$

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
14