iflix
Bloomberg - Shopify CEO on Investing MandA Competition

Bloomberg - Shopify CEO on Investing MandA Competition

  • TV-G
  • 2019
  • 7mins
Oct.31 -- Shopify the Canadian e-commerce company's shares are down about 20% after reaching a peak in August. The stock fell another 3.8% on Tuesday after reporting an unexpected quarterly loss as it increased spending to expand its customer network and fulfillment centers. Tobi Lutke the company's CEO said they're working on the fair market value of the business and are not too concerned with the day to day stock price movements when he spoke to Bloomberg's Caroline Hyde at the Sooner Than You Think Conference in Brooklyn.