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0.000263991552270275 0.0018479408658923 0.000791974656811012 0.000791974656811012 0.000791974656811012 0.000791974656811012 0.000791974656811012 0.000791974656811012
Stock impact report

Canadian tech rises again as Shopify becomes the second-most valuable company in Canada [CNBC]

eBay Inc. (EBAY) 
Last ebay inc. earnings: 4/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.ebayinc.com
Company Research Source: CNBC
Employees at Shopify's headquarters in Ottawa.Chris Wattie | ReutersI'm old enough to remember whenBlackBerryMany Canadians also remember the arrival ofAppleThe rest, as they say, is history.Now, there's a new Canadian tech kid in town: Tobias Lutke'sAmazonShopify has also had one of the hottest rallies of the year, as companies look to bolster their e-commerce capabilities to make up for plunging retail sales as the coronavirus pandemic forces stores to shut down and people to stay home. Shares have surged 65 percent over the last month, trouncing  the performance of another investor darling, Zoom, which has been hit by privacy and security concerns.Shopify is now the second largest company in by market capitalization, its value surpassing CA$100 billion. It's bigger than all the Canadian banks but one --Royal Bank of eBayFarfetchEtsySome analysts are understandably a little wary.Shopify's revenue in 2019 was less than CA$8 billion. RBC's was CA$46 billion. And while RBC notched nea Show less Read more
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