Shopify eases concerns over fulfillment network changes, shares rebound

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Shopify eases concerns over fulfillment network...
 © CyprusMail 2022
Canada’s Shopify Inc (SHOP.TO) said on Monday proposed changes to its fulfillment network would help merchants on its ecommerce platform compete better with big retailers and would not reduce capacity, fueling a recovery in its shares.

Wall Street had raised concerns that the changes could mean big investments into Shopify’s fulfillment network and moving from a capital-light model to owning distribution centers, something investors will likely question in the current market environment.

Shopify provides infrastructure for retailers to set up their stores online and generates revenue...


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Article automatically added to our system on Tuesday, January 25, 2022

Shopify eases concerns over fulfillment network changes, shares rebound


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Article Tags: #shopify   #eases   #concerns   #fulfillment   #network   #changes   #shares   #rebound  


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