NYSE: SHOP

E-commerce platform Shopify said a lack of government stimulus will hold down revenue growth in 2021.

Shopify reported 46% revenue growth but failed to impress investors as it missed Q3 expectations.

Faisal Masud, CEO of headless commerce provider Fabric, says e-commerce is still in the early innings, but individual brand growth could be held back by traditional commerce platforms.

Vendoo’s technology allows resellers to list items on multiple marketplaces like eBay, The Real Real and Poshmark while streamlining the listing process.

Shopify reported Q1 2021 earnings that nearly equaled Q4 2020 and accelerated 110% over Q1 2019, but it also said that the growth rate should slow throughout the remainder of the year.