Shopify President Discusses International Expansion Plans With Jim Cramer: 'Massive Area Of Growth For Us'
Portfolio Pulse from Benzinga Neuro
Shopify Inc (NYSE:SHOP) President Harley Finkelstein discussed the company's international expansion plans in an interview with CNBC's Jim Cramer, highlighting it as a key growth area. Finkelstein emphasized the importance of making international sales as seamless as local ones and mentioned Shopify's work with international clients like Suntory and On Running. The discussion follows Shopify's Q4 earnings report, which showed a 24% year-over-year revenue growth to $2.14 billion, beating estimates.
February 14, 2024 | 5:20 am
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Shopify Inc's President discussed plans for international expansion, emphasizing its importance for future growth. This follows a strong Q4 earnings report, with revenue growth beating estimates.
The emphasis on international expansion by Shopify's President, coupled with the recent positive earnings report, suggests a strategic focus on global market penetration. This could attract investor interest and potentially drive the stock price up in the short term, especially considering the company's performance exceeded expectations.
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