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Thrive Capital Invests $100 Million in Shopify
Bloomberg Tech·
Joshua Kushner's Thrive Capital has acquired a stake in e-commerce giant Shopify, signaling a significant investment in a publicly traded company. This move represents a notable departure from Thrive's typical venture capital strategy, which usually focuses on early-stage private enterprises. The investment underscores continued confidence in Shopify's platform and its potential for future growth within the evolving digital commerce landscape.
Tickers
$SHOP
Tags
funding
fintech
e-commerce
Original Source
Bloomberg Tech — bloomberg.com