Insane opportunity for Shopify merchants!

• Insane opportunity for Shopify merchants!

• ShopCircle picks up $120M Series A

• Major news #3

Insane opportunity for Shopify merchants!

Mr Beast, YouTube’s biggest star, and Shopify are doing something unheard of for Shopify merchants.

Shopify has 1 minute of ad space in an upcoming Mr Beast video, and instead of advertising their own platform, they want to showcase one of their merchants instead.

For those living under a rock, Mr. Beast’s has over 182 million subscribers on YouTube, with an “average” video getting over 100 million views in the first week!

And in less than a month, the number crosses 115 million - that’s how many viewers the SuperBowl gets!

This is a once in a lifetime opportunity for Shopify merchants - we can wait to see who gets featured and what they do!

ShopCircle picks up $120M Series A

ShopCircle, a comprehensive software provider on Shopify, has raised $120 million in its Series A funding, bringing the total funding to $140 million.

ShopCircle has been steadily enhancing its portfolio with wide range of solutions for e-commerce brands, mainly through a robust acquisition process.

According to the PR announcement, they power over 100,000 merchants on Shopify through the 33 apps they have listed on their website. This comes on the back of an impressive 360% year-on-year growth, driven by the integration and strengthening of its extensive suite of back-end and customer-facing solutions.

Luca Cartechini, CEO and Co-Founder of Shop Circle says "Our vision has always been to create a comprehensive operating system for e-commerce brands, providing them with the necessary technology to excel in today's competitive market."

Companies like Bold, Avada, and Booster have been success stories on the Shopify app store with a portfolio of apps. Looking forward to seeing how Shop Circle evolves in the future!

Pulse Check ⚡️

1. Flexport, who recently acquired Shopify’s logistic division, have rescinded 75 job offers amid the departure of their CEO Dave Clark.

2. Reese Witherspoon has sold 70% stake in her Shopify brand Draper James to private equity.

3. Etsy announced a new “Share and Save” program which essentially asks sellers to be their own affiliates and save on Etsy’s fees.

That's a wrap for this week! Join us over on Twitter to chat about all things e-commerce. It's like attending the coolest virtual shopping party – no long lines, pushy salespeople, or shopping cart collisions in sight (@theshoppulse)