The e-commerce boom of 2020 is continuing into 2021 and one of the first major e-tailers to announce Q1 earnings is confirming that. Shopify (NYSE: SHOP) reported total revenue in Q1 of $988.6 million, 110% growth year-over-year, powered by a 137% growth in Merchant Solutions revenue of $668 million.
Subscription Solutions revenue climbed 71% to $320.7 million, the Canadian-based company said Wednesday morning.
“Shopify’s momentum continued into 2021 as digital commerce tailwinds remained strong...
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