Shopify reported first-quarter financial results today but the big news was its pivot in logistics. One year after investing billions and weeks after continuing to defend the move, the company is ...

Shopify's management had ambitious goals in the past, expanding their business lines into a wide range of areas, including logistics. Their rationale for entering the logistics sector was an attempt ...

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 ...

The digital retail platform agreed to sell off the two component businesses that made up Shopify Logistics, Shopify CEO Tobias Lütke announced in a blog post Thursday. Though some employees will ...

Shopify is selling most of its logistics business to freight unicorn Flexport in an all stock deal. The sale ends a nearly four-year effort to compete with Amazon's fulfillment services. Some saw the ...

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 ...

Internet, Everywhere--(Newsfile Corp. - June 6, 2023) - Shopify Inc. (NYSE, TSX: SHOP), a provider of essential internet infrastructure for commerce, announces that it has completed the previously ...

“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 ...

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 ...

TORONTO, ON - May 4: The Shopify logo is pictured outside the The Well building on Spadina Ave. in Toronto. Toronto Star/Lance McMillanMay-04-2023 (Lance McMillan/Toronto Star via Getty Images) ...

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 ...

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 ...