Shopify's Growth Is Picking Back Up and It Just Partnered With 3 Tech Giants to Keep the Momentum Going

Shopify (NYSE: SHOP) is a software company serving e-commerce businesses. And it's one of the most important players in the world. Over just the last four quarters, its software has facilitated more than $270 billion in gross merchandise volume -- the dollar value of all transactions combined.That certainly gives Shopify a large slice of the e-commerce software pie. And as competitive as business can be, one would think that Shopify has ascended with a ruthless push to get ahead of its rivals. But in reality, the company has a long history of seeking out partnerships whenever possible, even if it's with direct competitors.It's somewhat counterintuitive. But Shopify's management believes that the best way to grow its business is by offering its customers as many options as possible. And to offer more options than it could on its own, it finds ways to partner.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool