Shopify Business Not Seen Changed by Tariffs -- Market Talk

Dow Jones
02-11

1425 ET - Shopify may come out unscathed from a tariff situation, says RWM Commerce Consulting CEO Rick Watson. "I am not sure it significantly changes the game for Shopify or its merchants. They have not been overly advantaged or disadvantaged," he says. The company has come out in support of free trade, since 15% of its business is cross-border, they benefit more from fewer walls in place. "It's a similar statement to what you might have seen someone like eBay say in years past," he says. Watson notes that chaos in general is not good for any business, so it could create some corporate indecision in the short-term, but this should settle down at some point." (adriano.marchese@wsj.com)

 

(END) Dow Jones Newswires

February 10, 2025 14:25 ET (19:25 GMT)

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