This article is for Office 365 SharePoint environment and you received notification in your site where you have installed ShortPoint SPFx on, that there is a new update available. 

This type of upgrade does not require downloading anything from ShortPoint website or uploading anything to App Catalog. It will update ShortPoint directly from the site. 

Step 1: Open ShortPoint Dashboard App

Open Site Contents


In Classic Experience, click on ShortPoint

In Modern Experience, Click on ShortPoint

Step 2: Click Reinstallation & Upgrade

Step 3: Click Upgrade

Wait. Do not close the window!

You are done :)