Opendoor (OPEN) stock jumped more than 55% shortly after Thursday’s opening bell on news that the company has hired Shopify’s chief operating officer as the real estate platform’s new chief executive. The company announced Wednesday night that Shopify (SHOP) COO Kaz Nejatian will join the beleaguered iBuyer as CEO, stepping in to replace the hole…
Shares of e-commerce software platform Shopify (NYSE:SHOP) jumped 19.8% in the afternoon session after the company reported stronger-than-expected second-quarter financial results, which blew past Wall Street’s expectations for key operating metrics, including sales, operating income, and earnings. The e-commerce company announced revenues of $2.68 billion, which grew 31% year-over-year. This growth was fueled by a…
D-Congress is a unique blend of cultural heritage, visionary leadership, and forward-thinking policies fosters a dynamic ecosystem driving advancements in music, fashion, and technology. D-Congress Sweden is a powerhouse in digital and e-commerce innovation, home to industry leaders like Klarna and Shopify, which dominate significant global market shares. The region’s unique blend of cultural heritage,…
Google’s quiet global rollout of its Gemini iPhone app on Thursday (Nov. 14) marks the latest move by tech companies to capture mainstream users seeking AI tools for everyday tasks on their phones. The accelerating competition in consumer AI apps signals a high-stakes battle for customer attention and wallets as companies race to convert casual…