UBS analysts highlight Shopify's point-of-sale (POS) business as a key growth driver, currently making up 12% of its gross merchandise volume (GMV) and potentially reaching 20% by 2035. The in-store POS segment is seen as underappreciated, with a large addressable market since physical retail volumes exceed e-commerce globally. UBS projects the POS business could add 3-5 percentage points to Shopify's 10-year GMV growth rate and 1-2 percentage points to its gross profit growth. Shopify's current US in-store POS market share is small but expected to grow, especially among mid-market and enterprise merchants, supported by recent deployments like Estée Lauder brands.
Digital agency 9thCO completed a major digital transformation for DNRS, moving from a fragmented WordPress setup to a unified composable architecture. This upgrade centralizes user management, integrates key business tools like CRM and scheduling, an...
Jefferies upgraded Shopify to Buy from Hold, raising its price target to $160 due to strong early Q2 performance and a revamped partner program. The firm expects Shopify to exceed growth forecasts with a 27% increase in gross merchandise volume (GMV)...
President Trump announced a 20% reimbursement fee on all cargo passing through the Strait of Hormuz to cover U.S. military protection costs, causing oil prices to rise over 4%. SK Hynix and Samsung Electronics shares plunged after SK Hynix's U.S. deb...
