LikeFolio data shows Shopify demand is holding at extremely high levels, and recurring usage mentions are accelerating (Shop Pay).
Shopify Purchase Intent mentions increased +120% YoY in 20Q4. This is a slight deceleration vs. Q2 and Q3, but makes sense due to Covid-onboarding spark.
Transaction mentions are strong indicator of continued (and accelerated) adoption of payment services -- mentions of consumers using Shopify Pay increased +163% YoY and just capped off a record high Holiday Season.
Consumer Happiness is extremely high, 84% positive -- and actually improved during massive adoption spark. Pretty remarkable