Amazon.com (AMZN) reported in February that its advertising business had grown to $31 billion in sales, up from only $4 billion in 2017.Investors should buy Shopify (SHOP), though. Let me explain.

Shopify said total sales of $7.5 billion on its platform, both in person and online, were a record for the firm and up 19% from last year—more than inflation.

E-commerce software platform Shopify (NYSE:SHOP) announced in Q4 CY2024, with sales up 31.2% year on year to $2.81 billion. The company expects next quarter’s revenue to be around $2.33 billion ...

E-commerce software platform Shopify (NYSE:SHOP) reported Q1 CY2025 results , with sales up 26.8% year on year to $2.36 billion. Guidance for next quarter’s revenue was optimistic at $2.56 ...

Shopify offers similar integrated sales channels through Amazon, BuzzFeed, Facebook, Pinterest, Facebook Messenger. Shopify said more than 60 percent of its merchants sell in two or more channels.

In technical terms, Shopify is a subscription-based software-as-a-service (SaaS) sales platform. Shopify offers four standard store subscription plans with fees starting at $29 per month.

Shopify Inc.’s recent expansion into physical distribution is looking prescient, as surging digital sales during the coronavirus pandemic boost demand for the e-commerce technology company’s ...