Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Nikkei 225 Hits Record High Above 56,000 After Japan Election Boosts Market Confidence 
Anta Sports Expands Global Footprint With Strategic Puma Stake 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Instagram Outage Disrupts Thousands of U.S. Users 
Yen Slides as Japan Election Boosts Fiscal Stimulus Expectations 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Shopify, the Canadian e-commerce company headquartered in Ottawa, Ontario, teamed up with Microsoft Corp. and Oracle Corp. to help improve its platform and help merchants have smoother and more efficient business operations.
With Shopify’s move to partner with Microsoft and Oracle, business owners operating on its platform can now use the Enterprise Resource Planning (ERP) tools on Shopify’s app. Aside from Infor, the ERPs include Microsoft Dynamics 365 Business Central and Oracle NetSuite.
According to Reuters, prior to the partnership with tech companies, business owners were only relying on a third-party app for their ERP tools when transacting via Shopify. They use the app for inventory management systems, financial trackers, and others.
With Microsoft and Oracle on board, Shopify can double the stakes on its fast-growing trade business. On the other hand, the tech firms can also strengthen their hold on a cloud market dominated by providing support and services to the Canadian e-commerce platform.
“At Shopify, we support businesses during all stages of their journeys, from the first sale to full scale. Regardless of their size, maturity or complexity, merchants can thrive and grow with confidence on Shopify,” Shopify’s vice president, Mark Bergen, said in a blog post. “With the launch of the Global ERP Program, we are demonstrating our investment in supporting our enterprise merchants.”
He went on to say, “We are excited to partner with Microsoft, NetSuite, Infor, Acumatica, and Brightpearl to bring together the best in commerce with the best in ERP and together, we are driving a reinvention of enterprise commerce by giving our merchants the power to manage the complexity of their business operations at scale.”
Microsoft Business Applications and Platform’s corporate vice president, Charles Lamanna, added that working with Shopify to incorporate their Microsoft Dynamics 365 Business Central will be able to help business owners with delivering great experiences to their customers.
Finally, Shopify said that over 10,000 merchants are using its enterprise platform, Shopify Plus. With the new global ERP system integrated into its app store, the workflow will be so much easier and faster for everyone.
