Shopify

Not to be confused with Spotify.

Shopify Inc.
Company typePublic
ISINCA82509L1076
IndustryE-commerce
Founded2006; 18 years ago (2006)
Ottawa, Ontario, Canada
Founders
Headquarters
Ottawa, Ontario
,
Canada
Area served
Worldwide
Key people
ServicesOnline shopping
RevenueIncrease US$7.06 billion (2023)[1]
Increase US$132 million (2023)[1]
Total assetsIncrease US$11.3 billion (2023)[1]
Total equityIncrease US$9.07 billion (2023)[1]
Number of employees
c. 8,300 (2023)[2]
Websiteshopify.com

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 POS (point-of-sale) systems. [3] The platform offers retailers a suite of services, including payments, marketing, shipping and customer engagement tools.[4]

As of 2024, Shopify hosts 5.6 million active stores across more than 175 countries.[5]

According to the company's yearly financial report for 2023, its total revenue reached $7.1 billion, and Gross Merchandise Volume (GMV) increased 20% to $235.9 billion over the prior year.[6] Shopify is the second largest publicly traded Canadian company.[7]

  1. ^ a b c d "Shopify Inc. 2023 Annual Report (Form 40-F)". U.S. Securities and Exchange Commission. February 13, 2024. Archived from the original on February 14, 2024.
  2. ^ "Shopify Inc. 2023 Annual Information Form". U.S. Securities and Exchange Commission. February 13, 2024.
  3. ^ "The History of Shopify - Radiant". byradiant.com. January 10, 2022. Retrieved October 8, 2024.
  4. ^ McLeod, James. "Shopify holds a healthy chunk of pot sales' upside, says COO." The Financial Post. October 30, 2018, p. 2.
  5. ^ "Shopify Usage Statistics". BuiltWith. Retrieved April 12, 2024.
  6. ^ "Shopify Announces Fourth Quarter and Full Year 2023 Financial Results". Shopify. Retrieved April 12, 2024.
  7. ^ "Largest Companies in Canada by Market Cap". CompaniesMarketCap. Retrieved April 12, 2024.