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Shopify Revenue Jumps 97 Percent as E-Commerce Skyrockets

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Shopify nearly doubled total revenue in the second quarter to $714.3 million, a 97 percent increase from the year-ago period, showing that the e-commerce giant has perhaps been one of the biggest beneficiaries of the combined global non-essential store closures and overall shift toward online spending. Second-quarter gross merchandise volume (GMV) sold on the platform…

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