Shopify, the independent cross-border e-commerce platform, reported Q1 2021 results, reporting revenue of US$989 million, up 110% compared with last year. Net profit gain of US$1.258 billion (including a US$1.3 billion unrealized gain on the company's equity investment in Affirm), compared to a net loss of US$31.4 million in the same period last year; and gross profit of US$558.7 million, up 117%.
As of March 31, 2021, the company's regular income (MRR) was US $89.9 million, up 62% year on year; GMV was 37.3 billion US dollars, up 114% year on year; Total GPV was $17.3 billion, accounting for 46% of GMV in the quarter, compared with $7.3 billion or 42% in the same period last year.
【Source text: by report】
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