Day: February 21, 2018

Shopify Grows Subscription Revenue 67 Percent in Q4

Auto-renew Subscription, Business Operations, Business Services, Business Strategy, Consumer Services, Customer Service, FInance, News, Payment Processing, Product Development, SaaS and Cloud Services, Subscription Apps / Dana E. Neuts

Shopify (NYSE: SHOP) had a good Valentine’s Day, reporting its fourth quarter financials on February 15. The cloud-based e-commerce platform reported strong financials, including total revenue of $222.8 million, a 71 percent increase year-over-year. Of that total, Subscription Solutions revenue was $93.9 million, representing a 67 percent increase. The Ontario-based company credits rapid growth in monthly recurring revenue (MRR) for the big numbers. Merchant Solutions revenue was $128.9 million, a 74 percent increase, driven primarily by growth in the company’s Gross Merchandise Volume (GMV).

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STATPACK: Streaming in the U.S.

Business Strategy, Consumer Services, Entertainment and Streaming, Research, Research and Benchmarks, Subscriber Only / Subscription Insider

The Streaming market is growing, with Subscription Streaming accounting for 70% of the $13.66 digital home entertainment market in 2017. Understand the latest streaming trends, usage, and more, for Music, Radio, Video, Television streaming services in this latest Subscription Insider STATPACK. STATPACKS are charts and data that you can use for your market and budget planning, creating your business plan or even competitive analysis. Download the 102-page PowerPoint with 46 charts and graphs (with three embedded excel charts) to access our trend data and statistics focused on Streaming trends in the US.

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Insight to drive subscription growth

February 21, 2018

Shopify Grows Subscription Revenue 67 Percent in Q4

STATPACK: Streaming in the U.S.

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