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Two Blokes Thu at 2:45 AM -
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Shopify's strong growth in B2B and international markets, along with new tools and expanded Shopify Payments, boosts revenue and merchant retention. Q1 FY25 revenue rose 27% YoY to $2.36 billion, with the merchant solutions segment contributing 74% of total revenue. Operating income doubled YoY to $203 million, but a $1.04 billion investment loss led to a net loss of $682 million.
