October 25, 2018 / 11:10 AM / 25 days ago

Shopify revenue rises 58 percent

Oct 25 (Reuters) - Canada’s Shopify Inc reported a 58 percent jump in revenue on Thursday as it benefited from growth in its subscription and merchant segments.

The company, which helps e-commerce companies build their online stores, said net loss widened to $23.2 million, or 22 cents per share, in the third quarter ended Sept. 30, from $9.4 million, or 9 cents per share, a year earlier.

Revenue rose to $270.1 million from $171.5 million. (Reporting by Shanti S Nair in Bengaluru Editing by Supriya Kurane)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below