Topic: How To Invest

Stock Pickers Digest Hotline – Friday, November 30, 2018

Article Excerpt

SHOPIFY INC., $202.24, symbol SHOP on Toronto, offers merchants of all sizes Internet-based software to design, set up and manage stores across multiple sales channels. They include permanent and temporary retail stores, but also web, mobile and social-media platforms. The software gives merchants a real-time snapshot of their entire business, including inventory, shipping and payments. Shopify has bought Swedish e-commerce start-up company Tictail. It has yet to disclose the purchase price. Like Shopify, Tictail aims to bring trendy products to the marketplace by helping businesses create an online presence. Tictail was founded in 2012 by four friends, including one who wanted to create the company after he watched his mother struggle to build an online shop for her ceramics. The Europe-based firm offers a marketplace that lets users shop for clothing, home decor and art. Small businesses around the world use Tictail’s e-commerce software to run their online stores. The startup has raised almost 29 million euros ($43.6 million Cdn.) in funding over the last…

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