Shopify falls short of earnings expectations, confirms acquisition of Deliverr

Shopify Inc. said sales and profit in the first quarter fell far short of analyst expectations. The Canadian ecommerce company also lowered guidance for the rest of the year, as the platform provider struggles to add new merchants. Shopify is contending with consumers returning to physical stores and rising inflation, as well as labor shortages, […] The post Shopify falls short of earnings expectations, confirms acquisition of Deliverr appeared first on Digital Commerce 360.