Shopify's Merchant Momentum Continues in 3Q -- Market Talk

Dow Jones
11/04

0806 ET - Business continues to flow through Shopify's merchant network, driving revenue growth in 3Q. Gross merchandise volume, which is the total value of merchandise sold through Shopify's platform, rose 32% to $92.01 billion, signaling strong merchant activity, platform engagement, and broader ecommerce momentum as shoppers continue to buy online. Since Shopify gets a cut of every transaction, the higher GMV helped boost revenue for its merchant solutions segment, its largest, by over 38%, contributing to a broader beat to both outlook and Wall Street expectations. (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

November 04, 2025 08:06 ET (13:06 GMT)

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