Thinking of Buying Shopify Stock? Here's What You Need to Know [The Motley Fool]
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Source: The Motley Fool
Investors who've heldShopify(NYSE:SHOPLet's dive into what investors need to know to make an informed buying decision on this e-commerce platform specialist.Shopify stock price over the last months through Monday, April 6, 00.YChartsIt's a great businessShopify's platform online tools make it easy to start and run an online business. Merchants can use the platform to build their own branded websites and connect to other well-known retailers such asAmazonNASDAQ:AMZNEbaykeep its brand front and centerThe e-commerce platform makes money in two ways -- subscription fees and transactional fees for services like payments or shipping. The transactional fees are part of its merchant solutions segment and are tied tightly to merchants' success; when merchants sell more, the company benefits too.GrowthData from Shopify's earnings releases. Chart by author.During its earnings call in mid-February, Shopify management projected first-quarter revenue to increase 8% year over year and 00 full-year
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