Shopify says it is suspending its financial outlook for the year because of the uncertainty stemming from COVID-19.
The Ottawa-based e-commerce company says momentum in the first two months of the year will enable it to achieve first-quarter revenue and adjusted operating income that’s within or ahead of expectations.
Shopify will report results for the period that ended March 31 on May 6.
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Ontario SMEs gain access to cutting-edge cybersecurity training
uOttawa Professor Guy-Vincent Jourdan says he initially never would have guessed a year ago he’d be concocting simulated social media feeds and made-up news broadcasts. But that was before becoming
SAIRYŌ brings global cultural and business events to life with augmented and virtual reality
Attending a live event will never be the same, thanks to SAIRYŌ. That’s because the Ottawa-based startup, a pioneering livestreaming platform that recently emerged from stealth mode, is revolutionizing how
The company says it has taken steps to support merchants and protect shareholders, including extended 90-day free trials to all new standard plan signups and local curbside pickup and delivery for merchants. Internally, Shopify was among the first local firms to move its operations fully remote.
Early signs from its analysis of how the novel coronavirus is affecting merchants’ operations indicates that brick-and-mortar businesses are pivoting to online with the dropoff in foot traffic.
Shopify says it terminated thousands of merchants charging unfair prices or making false claims about COVID-19-related items such as face masks or hand sanitizers.
