Shopify GMV grows to almost $50 bn

An overview of Shopify's Gross Merchandise Volume (GMV) growth in Q1 2023.

According to Shopify’s Q1 Earnings report for 2023, their Gross Merchandise Volume (GMV) has grown to $49.6bn. This represents a jump of $6.4bn or a 15% increase year-on-year. Shopify’s total revenue, which is generated largely from fees and not direct sales,...

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