With business booming in the midst of the pandemic, e-commerce enabler Shopify is now worth more than eBay, Best Buy, Etsy, Nordstrom, Macy's, Foot Locker, L Brands and Urban Outfitters—combined.
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Shopify, suddenly worth $117b, is one of the biggest pandemic winners
Shopify’s chief operating officer, Harley Finkelstein, said the Ottawa-based company threw out all of its 2020 plans when the pandemic hit. “The entire company simply pivoted as quickly as we could to focus on, ‘How do we help small businesses?’,” he said in an interview.
