Shopify
Shopify Inc. 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. The Shopify platform offers online retailers a suite of services, including payments, marketing, shipping and customer engagement tools.
| Company type | Public |
|---|---|
| |
| ISIN | CA82509L1076 |
| Industry | E-commerce |
| Founded | 2006 Ottawa, Ontario, Canada |
| Founders |
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| Headquarters | Ottawa, Ontario , Canada |
Area served | Worldwide |
| Services | Online shopping |
| Revenue | US$7.06 billion (2023) |
| US$−1.4 billion (2023) | |
| US$132 million (2023) | |
| Total assets | US$11.3 billion (2023) |
| Total equity | US$9.07 billion (2023) |
Number of employees | c. 8,300 (2023) |
| Website | shopify |
The company reported that it had more than 2 million businesses in approximately 175 countries using its platform as of December 2022, geographically dispersed as follows: 55% of North America, 25% of Europe, the Middle East and Africa, 15% of Asia Pacific, Australia and China and 5% of Latin America (Mexico and South America). According to BuiltWith, 1.58 million websites run on the Shopify platform as of 2021. According to W3Techs, 4.4% of the top 10 million websites use Shopify. The total gross merchandise volume exceeded US$197 billion for calendar 2022. As of July 2022, Shopify is among the top 20 largest publicly traded Canadian companies by market capitalization.