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BTCC / BTCC Square / Global Cryptocurrency /
Shopify Stock Surges on Strong Earnings and Upbeat Guidance

Shopify Stock Surges on Strong Earnings and Upbeat Guidance

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-08-09 21:45:01
0
BTCCSquare news:

Shopify shares rallied sharply after the e-commerce platform reported better-than-expected Q2 results and raised its outlook, defying earlier tariff concerns. Revenue jumped 31% to $2.68 billion, surpassing analyst estimates, while gross merchandise volume grew at an identical pace to $87.8 billion.

International markets drove the expansion, with European GMV surging 49%. The company's Shop App saw transaction volume explode 140% year-over-year, aided by AI-powered features. Payment processing revenue climbed 37% as Shopify Payments expanded to 60 new countries in 2024 alone.

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