Thrive Capital Invests $100M in Shopify Inc.

Thrive Capital has invested approximately $100 million in Shopify (SHOP) as a bet on AI-powered commerce growth. The investment comes amid strong Q1 results for Shopify, including 34% revenue growth and an eightfold increase in traffic to its stores due to AI adoption. However, shares fell 8% after the company issued a lukewarm forecast.

By Fatima Gulzar Sat, May 23, 2026 at 7:49 AM GMT+3 2 min read · Yahoo Finance · May 23, 2026, 04:49 UTC

Thrive Capital Invests $100M in Shopify Inc.

Tickers: $SHOP

Topics: AI E-commerce Funding Retail Tech

Read the full article at Yahoo Finance

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