Shopify reported strong third-quarter results, with net income rising to $462 million, or 36 cents per share, from $264 million, or 20 cents per share, compared to the prior year. The ecommerce platform attributed the growth to a significant increase in merchant solutions volume. Revenue also saw an upward trajectory, reflecting robust activity among its merchant base.
Source: Wall Street Journal US Business · Summarized by HeadlinesBriefing