Canada’s Shopify posts smaller-than-expected third-quarter loss

(Reuters) – Canadian e-commerce software maker Shopify Inc reported a smaller-than-expected quarterly loss on Wednesday as more merchants used its software platform to set up and manage online stores. Merchants use Shopify's software platform to design, set up and manage their stores across sales channels including the web, mobile devices, social media and brick-and-mortar outlets. The company's clients include Procter & Gamble Co, Tesla Motors Inc and the New York Stock Exchange.

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