Excellent article in Seeking Alpha on Friday by Ramy Assaf (no connection to me). Unfortunately Im not able to provide a link.
Basically says 500k merchant target market is underestimating the potential in existing markets as evidenced by competitors disclosures and Shopify’s broader appeal, untapped global potential and recent linkup with Instagram.
Good reading for those who believe that ecommerce is the future.
If thats the case then Shopify is just getting started.
This is not a recommendation to buy or sell. Stocks are not suitable for all investors. Please do your own research.
Submitted October 16, 2017 at 08:21AM by InterestingNews1 http://ift.tt/2gdXRPO