Magento

This article is about the e-commerce software. For the colour, see Magenta. For the x-men antagonist, see Magneto.
Magento
Developer(s)Magento, Inc.
Initial releaseMarch 31, 2008; 16 years ago (2008-03-31)[citation needed]
Stable release
2.4.7-p1[1] / 2024-06-11[±]
Repository
Written inPHP
TypeContent management system, shopping cart software
LicenseOSL v3, AFL v3
Websitemagento-opensource.com

Magento is an open-source e-commerce platform written in PHP. Magento source code is distributed under Open Software License. Magento was acquired by Adobe Inc in May 2018 for $1.68 billion.[2][3]

More than 150,000 [4] online stores have been created on the platform. The platform code has been downloaded more than 2.5 million times, and $155 billion worth of goods were sold through Magento-based systems in 2019.[5] As of April 2021, Magento holds a 2.32% market share in global e-commerce platforms.[6]

Roy Rubin, the former CEO of Varien, sold a share of the company to eBay, which eventually completely acquired and then sold the company to Permira;[7] Permira later sold it to Adobe.[2][3][8]

  1. ^ "Releases - magento/magento2". github.com. Retrieved 28 June 2024.
  2. ^ a b "Magento Purchased by Adobe". Bloomberg News. 2018-05-18. Retrieved 2020-05-15.
  3. ^ a b Miller, Ron (2018-05-21). "Adobe to acquire Magento for $1.68B". TechCrunch. Verizon Media. Retrieved 2019-03-05.
  4. ^ "Magento Usage Statistics". trends.BuiltWith.com. Retrieved 2022-07-29.
  5. ^ "Magento Statistics, Market Share, Adoption, and Growth in 2019". Hosting Tribunal. 2019-02-18. Retrieved 2019-09-27.
  6. ^ "Top global e-commerce platforms market share 2021". Statista. Retrieved 2022-05-26.
  7. ^ "Magento sold by eBay: Opace on whether Magento can shine as a private company". 2015-11-12.
  8. ^ Cite error: The named reference :1 was invoked but never defined (see the help page).