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Shopify beats holiday-quarter revenue estimates

ReutersFeb 11, 2025 12:03 PM

- Shopify SHOP.TO topped market estimates for sales in the holiday quarter on Tuesday, on the back of healthy consumer spending and the company rolling out AI features that have attracted more sellers to its e-commerce platform.

The Canadian company reported revenue of $2.81 billion for the fourth quarter ended December 31, compared with analysts' average estimate of $2.73 billion according to data compiled by LSEG.

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