Gross merchandise volume, or the total volume of merchandise sold on the platform, rose 22% to $56.2 billion during the quarter.
The solid earnings beat comes after Shopify, which makes tools for companies to sell products online, has sharpened its focus on costs.
The sale included Deliverr, the last-mile delivery company Shopify acquired for $2.1 billion last May.
During the quarter, Shopify announced a partnership with Amazon that allows its merchants fast and free Prime delivery on their storefronts off Amazon.
Shopify also invested in online marketplace Faire as part of a deal that will make it the recommended wholesale platform for Shopify merchants.
Persons:
Shopify, Gross, FactSet, Jeff Hoffmeister
Organizations:
Amazon