UPDATE 1-Shopify to buy warehouse technology provider for $450 mln [Reuters]
Shopify Inc. Class A Subordinate Voting Shares (SHOP)
Last shopify inc. class a subordinate voting shares earnings: 2/12 07:00 am
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Source: Reuters
UPDATE 1-Shopify to buy warehouse technology provider for $450 mln (Adds investor and analyst comments) Sept 9 (Reuters) - Shopify Inc said on Monday it would buy warehouse technology provider 6 River Systems Inc for about $450 million, as it looks to accelerate growth of its fulfillment network. Shopify unveiled plans in June to spend $1 billion to run a warehousing network in the United States to take on the likes of Amazon.com Inc and eBay Inc. The deal underscores how e-commerce companies and investors increasingly view robotics as key to keeping up with shoppers’ expectations for reliable and fast delivery. The news follows Amazon’s acquisition of Canvas Technology earlier this year, which has built autonomous carts that move goods around warehouses. Boston area-based 6 River sells a self-driving cart system called “Chuck” that guides workers through warehouse aisles to pick customer orders in the most systematic way possible. “When the picker is done, they just press a button, a
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News
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- Is Trending Stock Shopify Inc. (SHOP) a Buy Now? [Yahoo! Finance]Yahoo! Finance
- It's time to look past the Magnificent Seven and invest in these standout Canadian tech stocks [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Shopify Inc. (SHOP): Among ARK Invest's Top Stock Picks for 2024 [Yahoo! Finance]Yahoo! Finance
SHOP
Earnings
- 8/7/24 - Beat
SHOP
Sec Filings
- 11/15/24 - Form 144
- 11/13/24 - Form 144
- 11/13/24 - Form 144
- SHOP's page on the SEC website