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What Company Owns Shopify?

Last updated on October 1, 2022 @ 1:29 pm

Shopify is a Canadian e-commerce company headquartered in Ottawa, Ontario. It is also the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems. Shopify offers online retailers a suite of services “including payments, marketing, shipping and customer engagement tools to simplify the process of running an online store for small merchants.

Shopify was founded in 2004 by Tobias Lütke, Daniel Weinand, and Scott Lake after attempting to open Snowdevil, an online store for snowboarding equipment. Unsatisfied with existing e-commerce products available at the time, Lütke and his team decided to build their own platform.

Shopify launched its platform in 2006. In 2010, Shopify started its own App Store. In 2015, Shopify was featured as one of Canada’s Top 100 Employers in The Globe and Mail.

In 2019, Shopify ranked first on Deloitte’s Technology Fast 500™ list as the fastest growing company in North America. As of August 2019, Shopify has over 800,000 merchants using their platform who collectively have sold over $155 billion using Shopify.

Shopify is a Canadian e-commerce company headquartered in Ottawa, Ontario.

Shopify was founded in 2004 by Tobias Lütke, Daniel Weinand, and Scott Lake after attempting to open Snowdevil, an online store for snowboarding equipment.

Unsatisfied with existing e-commerce products available at the time, Lütke and his team decided to build their own platform.

PRO TIP: Shopify is a publicly traded company on the Toronto Stock Exchange (TSX) and is a component of the S&P/TSX Composite Index. As of May 2020, Shopify had a market capitalization of $41.1 billion.

Shopify is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario. It is also the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems.

Shopify launched its platform in 2006.

In 2019, Shopify ranked first on Deloitte’s Technology Fast 500™ list as the fastest growing company in North America.

What Company Owns Shopify?

Shopify is a public company so it does not have one sole owner. Instead it is owned by shareholders who have invested in the company.

Kathy McFarland

Kathy McFarland

Devops woman in trade, tech explorer and problem navigator.