OTTAWA —
The Ottawa-based e-commerce technology company says its basic plan will now cost
Existing merchants that switch their plan from monthly to yearly terms will keep the current, lower monthly prices before the new rates take effect on
In a blog post announcing the changes, vice-president of product and chief operating officer
He sees the company is increasing its prices so that it can maintain the same value to merchants.
The changes come after Shopify laid off about 1,000 workers last year in the wake of its stock tumbling and customers moving back to pre-pandemic shopping habits.
This report by The Canadian Press was first published
Companies in this story: (TSX:SHOP)
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