Shopify is selling its logistics unit to supply chain technology company Flexport, the companies announced Thursday. Stream NBC 5 for free, 24/7, wherever you are. The sale marks a reversal for ...

Shopify is laying off approximately 20 percent of its employees and leaving its logistics ambitions behind as the e-commerce giant embarks on a massive overhaul—selling off its Deliverr e-commerce ...

Today, Shopify is quietly evolving into something much larger: the infrastructure layer for modern retail operations. If ...

May 4 (Reuters) - Shopify Inc SHOP.TO has divested the logistics arm it built over the past few years, in a reversal of its strategy of aggressively investing in fulfillment networks, the Canadian ...

By 2030, Shopify could evolve from a storefront builder into the commerce layer of the internet. Merchant services, including payments and financing, are growing faster than subscription services.

“Shopify finds it useful to talk about the difference between main quests and side quests internally,” said Shopify CEO Tobias Lütke in a letter to employees explaining the changes. “The main quest of ...

Shopify (NASDAQ: SHOP) will announce its earnings for the third quarter of 2025 on Nov. 4. The stock of the Canadian ...

Shopify's nearly four-year foray into fulfillment came to an abrupt end Thursday when the company announced Flexport would buy most of its logistics assets in exchange for a 13% stake in the global ...

San Francisco-based Flexport is buying Shopify Logistics in an all-stock deal. Here's why. San Francisco-based Flexport is acquiring Shopify's logistics division in a push to expand into last-mile ...

Insiders and analysts expect a major shakeup to Shopify's logistics strategy. The company has changed strategies at least twice since it rolled out the concept in 2019. Shopify reports earnings before ...

Shopify's logistics business was dwarfed by its overall business. Second-quarter results showed strong growth. The stock still trades at an expensive premium. A few days ago, we got our first look ...

Amazon.com Inc. and Shopify Inc. have struck a deal to allow merchants who pay for Shopify’s e-commerce tools to use Amazon’s logistics network. The two companies, which both sell e-commerce software ...