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Shopify and Its Merchants 'Remaining Resilient' Amid Escalating Tariff War: CFO

  • Shopify's shares increased by 22 percent to $213.11 during mid-morning trading on the Toronto Stock Exchange.
  • CFO Hoffmeister stated that Shopify hadn't seen 'any meaningful changes' in buyer behavior or cross-border activity.
  • Shopify reported a second-quarter profit of 69 cents per diluted share, compared to 13 cents a year earlier.
  • The firm has added high-profile merchants despite the impact of tariffs.
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16 Articles

City NewsCity News
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Shopify and its merchants 'remaining resilient' amid escalating tariff war: CFO

Tariffs don’t appear to be weighing on Shopify Inc. The Ottawa-based purveyor of e-commerce software reported a profit Wednesday of US$906 million in its latest quarter as its revenue grew by 31 per cent. The numbers belie the ongoing trade dispute, which poses a threat to businesses Shopify counts on for cash and stands to […]

·Toronto, Canada
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City News broke the news in Toronto, Canada on Wednesday, August 6, 2025.
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