THE LEX COLUMN: Shopify’s robot deal set to push some buttons

THE LEX COLUMN: Shopify’s robot deal set to push some buttons 🔒

It takes a brave company to challenge Amazon’s vast e-commerce business. But Shopify, the second-largest online shopping company in US markets, has a $1bn plan in motion. Adding warehouse and delivery services to its existing business makes some sense. This week it bought a robot company. Shopify’s shareholders, however, should expect a painful fight.

Best known as a way for online brands such as Kylie Jenner’s make-up to sell to buyers, Shopify has managed to stay largely in the shadows since launching in 2004. Rather than sell stock and direct shoppers to its own website, it enables merchants to use its technology tools under their own brands, while it earns recurring revenue. As businesses grow, Shopify’s subscriptions do too. In the three years to 2018 these have more than tripled. Premium rates are $2,000 a month.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

BDliveSA /  🏆 12. in ZA

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

I want to pay but Jo’burg won’t let meFIFTH COLUMN: It seems the City of Johannesburg doesn’t want me to pay my electricity bill.
Läs mer »

LUKANYO MNYANDA: ECB easing not necessarily a guide for Lesetja KganyagoLUKANYO MNYANDA: ECB easing not necessarily a guide for Lesetja Kganyago 🔒
Läs mer »

LUKANYO MNYANDA: ECB easing not necessarily a guide for Lesetja KganyagoLUKANYO MNYANDA: ECB easing not necessarily a guide for Lesetja Kganyago LukanyoMnyanda 🔒
Läs mer »

TOM EATON: I mean, really, is Mbeki serious?The former president now asks why criminality is out of control in this country
Läs mer »

Makhura sets up commission of inquiry to curb Gauteng taxi violenceThe commission will be chaired by justice Jeremiah Buti Shongwe, who will be assisted by Rudolph Lungile Mabece and Hula Mismang.
Läs mer »

‘Keeping up with the Zumas’ set to air soon | IOL NewsSouth Africans, get ready. Former president Jacob Zuma and his family will soon be on your TV screens when they make their debut in a reality TV show.
Läs mer »