Shopify Scores a Black Friday and Cyber Monday Win

E-commerce solutions provider Shopify (NYSE: SHOP) recently announced that it processed over $1 billion in gross merchandise volume (GMV) on its platform from more than 500,000 merchants in 175 countries during the extended Black Friday and Cyber Monday weekend.

During its peak, Shopify merchants were processing more than $1 million in transactions per minute, and mobile sales accounted for 64% of all orders -- a 10% jump from 2016.

Image source: Getty Images.

Source: Fool.com