Shopify posts quarterly loss of US$1.2 billion amid shift to 'offline channels'

Shopify Inc.’s president is arguing the company is in an ‘enviable’ position, even as it continues to express regret over misjudging the growth of the e-commerce market — a move that forced a dramatic number of job cuts Tuesday.
Source: ctv business
Shopify posts quarterly loss of US.2 billion amid shift to ‘offline channels’