Changes for page Shopify

Last modified by Asif Farooqui on 2021/09/06 11:07
From version < 8.1 >
edited by Asif Farooqui
on 2021/09/06 11:05
To version < 9.1 >
edited by Asif Farooqui
on 2021/09/06 11:06
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54 54  The company generate subscription solutions revenues primarily through the sale of subscriptions to its platform, including variable platform fees, as well as through the sale of subscriptions to its Point-of-Sale ("POS") Pro offering, the sale of themes, the sale of apps, and the registration of domain names.
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57 57  === Merchant Solutions ===
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59 59  The company offer a variety of merchant solutions to augment those provided through a subscription to address the broad array of functionality merchants commonly require, including accepting payments, shipping and fulfillment, and securing working capital. The company believe that offering merchant solutions creates additional value for merchants, saving them time and money by making additional functionality available within a single centralized commerce platform, and creates additional value for Shopify by increasing merchants’ use of its platform.
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66 66  The company's merchant solutions revenues are directionally correlated with the level of GMV that merchants facilitated through its platform. The company's merchants typically process additional GMV during the fourth quarter holiday season. As a result, Shopify has historically generated higher merchant solutions revenues in its fourth quarter than in other quarters. While the company believe that this seasonality has affected and will continue to affect its quarterly results, its rapid growth has largely masked seasonal trends to date, as has the impact of the COVID-19 pandemic in 2020. As revenue from its merchant solutions offerings has grown faster than revenue from subscription solutions, its business may become more seasonal in the future and historical patterns in its business may not be a reliable indicator of its future performance.
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69 69  = Financial Highlights =
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