Tech
Shopify reviews Q1 income up 25% YoY to $1.5B, above $1.43B analyst estimates, GMV up 15% to $49.6B, and plans to chop 20% of its employees; SHOP jumps 14%+ (Ilya Banares/Bloomberg)
Ilya Banares / Bloomberg:
Shopify reviews Q1 income up 25% YoY to $1.5B, above $1.43B analyst estimates, GMV up 15% to $49.6B, and plans to chop 20% of its employees; SHOP jumps 14%+ — Shopify Inc. minimize jobs for the second time in lower than a 12 months and agreed to promote nearly all of its logistics enterprise to Flexport Inc …
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