Shopify expands multi-currency payouts to Australia and France
Eligible merchants on Advanced and Plus plans can now receive payments in multiple currencies via local bank accounts.
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In short: Shopify reported a 'monster' second quarter with 34% revenue growth and a massive surge in AI-driven orders, sending its stock soaring.
Eligible merchants on Advanced and Plus plans can now receive payments in multiple currencies via local bank accounts.
Markets using DDU automatically move to delivered duty paid, so customers pay duties and taxes at checkout instead of on delivery.
GMV grew 32% to $115.6B, gross profit rose 31%, and free cash flow margin reached 18%.
The new disclosure fields allow storing product-level data for U.S. import compliance, supporting the reference CPSC eFiling path. Global-e uses these inputs for smoother customs crossings.
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Shopify posted strong second-quarter results, but its high valuation has prompted caution.
Shopify has delivered a strong 112.3% gain over the past three years, while current valuation checks...
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