HomeBusinessShopify beats holiday-quarter revenue estimates

Shopify beats holiday-quarter revenue estimates

Canadian e-commerce big Shopify Inc on Wednesday beat revenue estimates for the vacation quarter, with progress in its on-line enterprise exhibiting little signal of slowing as extra individuals store from the consolation of their houses.

Revenue for the fourth quarter ended Dec. 31 was $1.38 billion, in contrast with $977.7 million a yr earlier. Analysts had been anticipating $1.33 billion, in accordance with Refinitiv knowledge.

(Reporting by Nivedita Balu in Bengaluru)

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