Q: SHOP Been a shareholder since it was $15.00 and as I understand Shopify focus is on personal clients, and although different from Amazon platform, which seems to conflict with Amazons over objective. I recently understand that Amazon "Jeff" has recently redeemed a large amount of shares. I am wondering if he is planning a takeover of Shopify. What are 5I thoughts on this and could it happen?
5i Research Answer:
In no way would expect AMZN to make a move on SHOP. While it might 'like' to, there is no way the government would allow such concentration of power at one company if it did so. AMZN essentially 'needs' SHOP to be a strong competitor so that it can so anti-trust regulators there is competition within the sector.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in AMZN.