Retail

Anyone looking for a snapshot of how the COVID-19 pandemic is fuelling an e-commerce boom need look no further than Shopify’s recently released Q2 2020 financials. The platform witnessed a 71% jump in new store creation compared to the previous quarter this year. Every leading performance indicator was up in high double, or even triple, digits compared to Q2 2019 including sales (97%), gross merchandise volume (119%), merchant solutions revenue (148%), and adjusted per-share earnings (950%). Read Full Story