Company type | Public |
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| |
ISIN | CA82509L1076 |
Industry | E-commerce |
Founded | 2006 Ottawa, Ontario, Canada |
Founders |
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Headquarters | Ottawa, Ontario , Canada |
Area served | Worldwide |
Key people |
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Services | Online shopping |
Revenue | US$7.06 billion (2023)[1] |
US$132 million (2023)[1] | |
Total assets | US$11.3 billion (2023)[1] |
Total equity | US$9.07 billion (2023)[1] |
Number of employees | c. 8,300 (2023)[2] |
Website | shopify |
Shopify Inc., stylized as shopify, is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario. Shopify is the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems.[3] The platform offers online retailers a suite of services including; payments, marketing, shipping and customer engagement tools.[4]
As of 2023, Shopify hosts 4.6 million stores across 175 countries.[5] According to the company's yearly financial report for 2023, its total revenue reached $7.1 billion. The Gross Merchandise Volume (GMV) for the fourth quarter alone saw a 23% increase, amounting to $75.1 billion.[6] With a market capitalization of $101.56 billion, Shopify is now the third largest publicly traded Canadian company.[7]