Browsing: SHOP

According to one estimate, the ecommerce market in Southeast Asia will generate $226 billion of gross merchandise value in 2026. TikTok Shop already accounts for a sizable chunk of that GMV, but ByteDance‘s ecommerce hub is looking to increase the size of its market share. With the launch of a standalone Shop app, TikTok will position itself to compete more…

Shopify SHOP reported third-quarter 2026 adjusted earnings of 49 cents per share, beating the Zacks Consensus Estimate by 8.89%. The figure increased 44.1% year over year. Revenues jumped 31.6% year over year to $3.74 billion and surpassed the consensus mark by 0.46%. The upside reflected broad-based Gross Merchandise Volume (GMV) growth and higher payments penetration.…