Shopify, Duolingo Report Strong Third Quarter Results
- 1Shopify recorded a GMV of $119 billion last quarter, achieving a 30% year-over-year GMV growth rate.
- 2CEO Harley Finkelstein noted a 2.6x increase in AI traffic for Shopify merchants and a 3.3x increase in orders compared to last year.
- 3Duolingo recorded a 29% growth rate in daily active users (DAU) last quarter, reaching approximately 65 million daily active users.
So what's the key point?
Shopify saw its sales volume grow by 30%, and Duolingo reached 65 million daily users. Both companies reported improved performance.
Source The Motley Fool +1 · View original ↗
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