Shopify Wants to Help SMBs to Survive the Covid Crisis, CEO Says

The transcript discusses the challenges small businesses face with traditional funding sources and how Shopify is stepping in to provide support through capital advances and banking services. It highlights the impact of COVID-19 on small businesses, noting a shift to online sales and local e-commerce. The text also covers Shopify's partnership with Facebook to enhance e-commerce on social media platforms, emphasizing the potential for growth in this area.

How has the perception of local e-commerce changed during the pandemic?

What optimistic views does the speaker have regarding e-commerce on platforms like Facebook and Instagram?

What is the significance of social media in driving sales for small businesses?