• The Valuation Is Already Pricing In a Lot of Good News Shopify trades at a price-to-earnings ratio of roughly 87 times recent earnings — meaning investors pa

• The Valuation Is Already Pricing In a Lot of Good News Shopify trades at a price-to-earnings ratio of roughly 87 times recent earnings — meaning investors pay $87 for every $1 of current profit. Neither company has disclosed financial terms of the partnership or a timeline for broad availabilit…