Shopify Reports Record-Setting Black Friday Sales

Shopify Reports Record-Setting Black Friday Sales

In a press release Saturday, Shopify (NYSE: SHOP) announced that merchants using its e-commerce platform achieved record global sales of $2.4 billion on Black Friday alone. Shopify also released other metrics to illustrate the early success of its holiday shopping season. A report from Adobe (NASDAQ: ADBE) Analytics found that online spending during Black Friday jumped nearly 22%, according to a report by CNBC.