Shopify sees slowing revenue growth, higher spending; shares tank

An employee works at Shopify’s headquarters in Ottawa, Ontario, Canada, October 22, 2018. REUTERS/Chris Wattie/File Photo

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Feb 16 (Reuters) – Canada’s Shopify Inc (SHOP.TO) on Wednesday forecast a slowing pace of revenue growth in the first half of the year, and said it was ramping up spending on a network of fulfillment centers,…

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News Source: https://www.reuters.com/technology/shopify-beats-holiday-quarter-revenue-estimates-2022-02-16/

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