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Shopify Tumbled 16% in Morning Trading after Warning on Decelerating Growth

Tiger Newspress2022-02-16

Shopify tumbled 16% in morning trading after warning on decelerating growth.For Q4, Shopify's (SHOP) revenue increased 41% to $1.38B with subscriptions solutions revenue up 26% to $351M and merchant solutions revenue 47% higher to $1.03B. GMV rose 31% to $54.1B. Monthly recurring revenue at the end of the quarter was $102M to top $100M for the first time.

Looking ahead, Shopify (SHOP) expects the year-over-year revenue growth rate to be lower in Q1 of 2022 as part of a pandemic reset with consumers. New terms with apps and theme developers are also noted to have caused differences from last year's first quarter.

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Comment61

  • Ken7979
    ·2022-02-17
    Still good for the long term..
    Reply
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  • Lawkoh93
    ·2022-02-17
    Hiaz...[Cry] 
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  • JaydenSee
    ·2022-02-17
    🐮cr[Miser] 
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  • ZenInv
    ·2022-02-17
    A hidden market trend now showing?
    Reply
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  • CL777
    ·2022-02-17
    Ok
    Reply
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  • Success88
    ·2022-02-17
    Noted 
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  • ty91
    ·2022-02-17
    Ok
    Reply
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  • WJ77
    ·2022-02-17
    😓
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  • bobbylim
    ·2022-02-17
    Hmm
    Reply
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    Fold Replies
    • Kazren
      Ok
      2022-02-17
      Reply
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    • J999
      another one
      2022-02-17
      Reply
      Report
  • Chris1368
    ·2022-02-17
    Ok
    Reply
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  • Arelis
    ·2022-02-17
    Good
    Reply
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  • eda
    ·2022-02-17
    pls like, thx
    Reply
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  • 天财寻者
    ·2022-02-17
    Oh.. Covid linked revenue losing steam? 
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  • Natasha美珍
    ·2022-02-17
    Like please
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  • weekendnote
    ·2022-02-17
    Ok
    Reply
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  • LifeLearner
    ·2022-02-17
    buy the dip
    Reply
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  • WinnerSG
    ·2022-02-17
    Oh wow now Shopify's turn to get whacked [Gosh] 
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  • Doris11
    ·2022-02-17
    Like please
    Reply
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  • Gladys8jk
    ·2022-02-17
    Ok
    Reply
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  • Sunny0809
    ·2022-02-17
    Ok
    Reply
    Report
 
 
 
 

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