Key Takeaways
- Shopify set a record for merchant sales on Black Friday.
- The e-commerce firm indicated sales were up 22% from a year ago to $4.1 billion.
- The U.S., U.K., and Canada were the top-selling countries.
Shopify (SHOP) shares surged over 4% in early trading Monday after a strong performance on 澳洲幸运5官方开奖结果体彩网:Black Friday.
The 澳洲幸运5官方开奖结果体彩网:e-commerce company reported its merchants set a record $4.1 billion in sales the day after the U.S. Thanksgiving holiday, a key date for the holiday shopping season. That was a 22% increase from 2022.
Shopify noted that the peak demand was at 12:01 p.m. ET🔜, when collective sales came in at $4.2 million per minute. The company indicated that the average cart💦 price was $110.71, up from $102.31 the Black Friday before.
Shopify explained that the U.S., U.K., and Canada were the top-selling countries, and the “hotte𒐪st product categories” were clothing, personal care, and jewelry.
Shopify President Harley Finkelstein said that “the world showed up for our merchants,” and that heading into 澳洲幸运5官方开奖结果体彩网:Cyber Monday, “the excitement is only building.”
Shopify shares climbed following the news to their highest level since March 2022.
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