Cathie Wood
@CathieDWood
Founder, CEO and CIO @ARKinvest. Thematic portfolio manager for disruptive innovation, mom, economist, and women's advocate. Disclosure:
Joined February 2014
522 Following 2.8M Followers
AI-driven commerce is helping the long tail of $SHOP’s merchants, as 75% of those sales are benefiting merchants below the top 100.
$SHOP is proof that agentic commerce is here to stay.
> AI traffic to merchants is up 3x YoY. Orders from AI search are up 3x YoY. New buyer order rates are 2x those on agentic channels vs other channels.
> Sidekick, Shopify's AI assistant for merchants, logged 34M conversations, with daily active merchants up 3.6x YoY and 36k custom apps created with Sidekick vs 12k in 1Q.
> AI searches powered by Shopify catalog convert 2x more than those using scraped data, and 75% of AI attributed orders came outside of top 100 categories.
AI is going to change how we shop and how merchants sell, and Shopify is powering that agentic commerce engine.
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