Shopify stock rose 6% following the announcement that they're partnering with Walmart to expand their marketplace.
- Wall-Mart will be adding 1,200 sellers to the Shopify marketplace this year alone.
- This is major news for dropshippers because they will be able to seamlessly connect to Facebook and IG shops to market their store.
- Setting up a business will be quick on the front-end with Shopify. With Walmart's user base and logistics , the backend will be even easier. This will create more entrepreneurial opportunities for individuals.