Tobi Lutke

• Shopify CEO calls CRA request for Canadian stores’ records ‘overreach’

  Shopify CEO Tobi Lutke said he plans to fight after six years' worth of records for Canadian Shopify stores were requested by the CRA.

  Canada

  Jun 26, 2023
  
• Shopify stock soars as it cuts staff again. Here’s what to know

  Canada's Shopify Inc. says it will reduce its headcount by about 23 per cent and sell its logistics business to Flexport, a supply chain management company.

  Tech

  May 4, 2023
  
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• Shopify shares surge as execs chart path back to profitability following layoffs

  Shopify's shares surged on Thursday as its president said the e-commerce company will return to profitability following missed bets and layoffs earlier this year.

  Tech

  Oct 27, 2022
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• Shopify’s big e-commerce bet failed. What does that signal for retail’s future?

  Shopify says its big bet on e-commerce accelerating didn't pan out, leading to layoffs this week. What does that mean for the future of retail, post-pandemic?

  Consumer

  Jul 27, 2022
• Shopify posts US$1.2B net loss in 2nd quarter amid deep job cuts

  Shopify pointed to higher costs related a recent acquisition and increased pressure from inflation on the e-commerce market as dragging down earnings in the months to come.

  Tech

  Jul 27, 2022
• Shopify to lay off 10% of workforce after pandemic growth bet ‘didn’t pay off’: CEO

  Shopify is cutting 10 per cent of its global workforce, the Ottawa-based e-commerce giant announced Tuesday, after its pandemic growth plans failed to materialize.

  Tech

  Jul 26, 2022
• Shopify shareholders vote to protect CEO’s voting power, approve stock split

  Shopify shareholders voted to solidify founder and CEO Tobi Lutke's voting power for as long as he is at the company.

  Tech

  Jun 7, 2022
• Shopify’s explosive Q2 results show how retailers have adapted to COVID-19 pandemic

  An accelerated shift to e-commerce amid the novel coronavirus pandemic has boosted Shopify's revenues in the Ottawa-based tech company's second quarter.

  Money

  Jul 29, 2020
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• Shopify joins controversial digital currency group backed by Facebook

  The Ottawa-based e-commerce company said Friday it has become a member of the Libra Association, a non-profit organization Facebook co-founded to act as an authority for the currency.

  Tech

  Feb 21, 2020
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• Shopify to accelerate fulfilment rollout on strong demand, shares up on results

  Total revenue in the second quarter was $361.9 million, a 48 per cent increase from Q2 in 2018, and above the $350.4 million expected by analysts.

  Tech

  Aug 1, 2019