Strong Shopify results show firm will forego quick profits for market share

Shopify signaled clearly Thursday that it’s prepared to sacrifice profits for now while it tries to grab a bigger share of the fast-growing market in electronic commerce software and related services.
While the company handily beat fourth-quarter forecasts for revenue and earnings, it also indicated it expected to incur operating losses in 2018 representing about 10 per cent of revenues — which may have contributed to a four-per-cent slide in its share price in early trading on the