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Shopify surged 17% following a strong Q2 result: Is it a smart buy?
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$Shopify (SHOP.US)$/$Shopify Inc (SHOP.CA)$ went up 17% following the strong Q2 result. Check Q2 Financial Highlights. Gross Merchandise Volu Show More
$Shopify (SHOP.US)$/$Shopify Inc (SHOP.CA)$ went up 17% following the strong Q2 result. Check Q2 Financial Highlights.

Gross Merchandise Volume (GMV) surged by 22% to reach $67.2 billion (compared to Q2 2023). Revenue also saw a notable uptick, rising by 21% to $2.0 billion, reflecting a 25% year-over-year growth after accounting for the divestiture of the logistics enterprises.

"Our Q2 results make it clear, Shopify is rapidly strengthening its position as a leading enabler of global commerce and entrepreneurship," said Harley Finkelstein, President of Shopify.

🎙️Discussion: Given recent market trends, what's your outlook on the future of Shopify?
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