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Shopify President Says Legacy Brands Are Suffering

Shopify CEO Harley Finkelstein joins Emily Chang to talk about Black Friday and Cyber Monday trends, what to expect for holiday sales, the future of e-commerce, and why they’re bullish about 2022.

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Shopify CEO Harley Finkelstein joins Emily Chang to talk about Black Friday and Cyber Monday trends, what to expect for holiday sales, the future of e-commerce, and why they’re bullish about 2022.

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2 Comments

2 Comments

  1. YouTube Sucks

    December 1, 2021 at 12:46 am

    You misinterpreted the data. Independent brands do not believe they have pricing power. Legacy brands think they do. So as they jack up prices, they drive customers away to independent brands whose prices have been more consistent.

  2. Everyday Rants

    December 1, 2021 at 12:49 am

    Trying play the blame game

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Bloomberg Technology

Apple Soars Post-Earnings and Jobs Data Disappoints | Bloomberg Technology

Bloomberg’s Ed Ludlow breaks down Apple’s earnings including an upbeat forecast and record buyback. Plus, tech jumps and market traders re-up rate cut bets as US jobs data disappoints to the downside, and Coinbase’s CFO breaks down the company’s first quarter earnings. ——– “Bloomberg Technology” is our daily news program focused exclusively on technology, innovation…

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Bloomberg’s Ed Ludlow breaks down Apple’s earnings including an upbeat forecast and record buyback. Plus, tech jumps and market traders re-up rate cut bets as US jobs data disappoints to the downside, and Coinbase’s CFO breaks down the company’s first quarter earnings.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Bloomberg Technology

The Global Outlook for the Gaming Sector

It has been a hard week for the video game industry, with AMD warning of a slowing demand for chips powering game consoles and computers, and video game publisher Take Two planning to shut down subsidiaries in London and Seattle amid mass layoffs. In more positive news: Twitch, Amazon’s livestreaming platform for gamers, is going…

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It has been a hard week for the video game industry, with AMD warning of a slowing demand for chips powering game consoles and computers, and video game publisher Take Two planning to shut down subsidiaries in London and Seattle amid mass layoffs. In more positive news: Twitch, Amazon’s livestreaming platform for gamers, is going to launch a competitor to TikTok. Konvoy Managing Partner Jason Chapman joins Ed Ludlow on “Bloomberg Technology.”
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Coinbase Slips as Beat Fails to Impress After Rally

Coinbase shares slipped after a first-quarter results beat, as Mizuho noted the crypto trading platform’s strong year-to-date rally, signs of a transaction revenue drop in the coming months and potential regulatory risks. Still, Coinbase CFO Alesia Haas says the company is focused on long-term trends. She joins Bloomberg’s Sonali Basak and Ed Ludlow on “Bloomberg…

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Coinbase shares slipped after a first-quarter results beat, as Mizuho noted the crypto trading platform’s strong year-to-date rally, signs of a transaction revenue drop in the coming months and potential regulatory risks. Still, Coinbase CFO Alesia Haas says the company is focused on long-term trends. She joins Bloomberg’s Sonali Basak and Ed Ludlow on “Bloomberg Technology.”
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