Latest News Updates From Simran Jagdev

Business, Technology

Shopify Rally Continues After Sales, Outlook Beat Estimates

Shopify Inc. shares continued their rally Aug. 1 after the Canadian e-commerce company reported second-quarter sales that beat analysts’ average estimate and gave a more optimistic full-year outlook.

August 1, 2019
Business, Technology

Shopify Nips at Amazon With Hassle-Free Shipping for Small Firms

Same-day shipping is becoming more common for online shoppers, but for smaller merchants it can be a logistical nightmare. That’s where Shopify Inc. can step in, says Ric Kostick, CEO of 100% PURE.

July 23, 2019
Business, Logistics

Purolator to Spend $759 Million for Faster Deliveries in Canada

Courier company Purolator Inc. will invest more than C$1 billion over the next five years to build a shipping hub in Toronto, upgrade its fleet and enhance its retail network in Canada to reach more customers.

June 25, 2019
Business, Technology, Logistics

Shopify Sets Up Fulfillment Network in US, Just Like Amazon

Shopify Inc. plans to spend $1 billion to set up a network of fulfillment centers in the United States to help merchants using its e-commerce platform deliver products more quickly and cheaply, much the way Amazon.com does.

, June 19, 2019