Shopify reports Black Friday Cyber Monday weekend sales up 19% y/y

Shopify announced earlier a record-setting Black Friday Cyber Monday weekend, with sales of $7.5B from independent businesses worldwide. That’s a 19% increase in sales from the $6.3B during Shopify’s Black Friday Cyber Monday weekend in 2021, or 21% on a constant currency basis, Shopify said in a statement. More than 52 million consumers globally purchased from brands powered by Shopify this year, an 18% increase from 2021, it added. "This year, Black Friday Cyber Monday showed us once again that consumers are voting with their wallets to support the independent brands they love," said Harley Finkelstein, President of Shopify. "We saw record level shopping happening across all channels this weekend, proving businesses that meet their customers where they are, whether that’s online or in-person, will earn their loyalty in return." Reference Link