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Company News

Shopify quarterly loss widens as operating expenses rise

Aug 1 (Reuters) - Canadian e-commerce software maker Shopify Inc reported a wider quarterly net loss, as operating expenses increased.

The Ottawa-based company’s net loss widened to $28.7 million, or 26 cents per share, in the second quarter ended June 30, from about $24.0 million, or 23 cents per share, a year earlier. (Reporting by Shradha Singh in Bengaluru; Editing by Shailesh Kuber)

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