Shopify warns of more losses ahead as slowing e-commerce hurts earnings outlook
Shopify’s first outdoor brick-and-mortar location in Los Angeles.HO/The Canadian Press Shopify Inc. SHOP-T posted a massive second-quarter loss and warned of more operating losses ahead as the Ottawa-based technology provider grapples with an e-commerce slowdown that led it to cut 10% of its global workforce this week. The company, which provides tools for businesses and …
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