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Shopify Draws Inspiration From Amazon

TheMotleyFool 
0 0 30.08.17
Shopify Draws Inspiration From AmazonPhoto, wide shot, wide-angle lens, Retail store, Midday, harsh overhead sunlight, directional sunlightt, photo by Peter Lik: https://img.midjourneyapi.xyz/temp/add1012b-1b24-4eb2-aba0-77ab52c7f8ad.png
 

The e-commerce platform company, Shopify (NYSE: SHOP), has an amazing growth story. Since 2012, the company has grown its customer base 12 times, and its revenues 21 times, which has powered its stock to over 300% gains since its IPO. While the company has aspects of its business in common with Amazon (NASDAQ: AMZN), now it seems to have one more: The flywheel. Read on for details about how Shopify's business is creating a virtuous cycle that powers its growth for the long term.

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Source: Fool.com

Amazon.com Inc. Stock

€241.35
0.210%
The Amazon.com Inc. stock is trending slightly upwards today, with an increase of €0.50 (0.210%) compared to yesterday's price.
Currently there is a rather positive sentiment for Amazon.com Inc. with 208 Buy predictions and 7 Sell predictions.
With a target price of 258 € there is a slightly positive potential of 6.9% for Amazon.com Inc. compared to the current price of 241.35 €.
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