Entrepreneur switches to AI-powered e-commerce

This is a Shopify news story, published by Yahoo Finance, that relates primarily to Wong news.

Shopify news

For more Shopify news, you can click here:

more Shopify news

Wong news

For more Wong news, you can click here:

more Wong news

tech industry trends news

For more tech industry trends news, you can click here:

more tech industry trends news

Yahoo Finance news

For more news from Yahoo Finance, you can click here:

more news from Yahoo Finance

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best tech news, business news, entertainment news, and much more. If you like tech industry trends news, you might also like this article about

Shopify

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest more capabilities Shopify news, Shopify Plus news, tech industry trends news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

Shopify Magic

Reuters

•

Technology

How Canada's Shopify is weaving AI 'magic' to pull in merchants

Summary

Nutrition label

78% Informative

Shopify's AI suite, " Shopify Magic ", is reshaping the e-commerce landscape by equipping small businesses with automation tools once exclusive to retail giants.

The number of stores registered on Shopify increased by 20% in the July-September quarter .

The company's revenue is expected to jump 27.3% when the company reports its holiday quarter results on Tuesday .

Shopify's payment partnerships with companies such as PayPal pose a risk, analysts have said, as they could generate lower transaction fees. "You can only trend up by that magnitude for so long. There's definitely a flattening and so there's definitely going to be a little investor anxiety that we're somewhat capped on margins," Wong said. (Reporting by Deborah Sophia in Bengaluru ; Editing by Aditya Soni and Sriraj Kalluvila ).

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful