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. Shopify was originally written in Ruby on Rails by Lütke.
He has stated that he “was looking for a platform that would give [him] complete control over the look and feel of [his] website”, but could not find anything suitable. Lake spent three months building a Java-based platform which failed to gain traction, after which Lütke decided to rebuild his store using Ruby on Rails.
As of March 2020, Shopify has more than 1 million active users, including 625,000 merchants using their platform to run their businesses with over $155 billion worth of merchandise sold. In 2019, Shopify had gross merchandise volume (GMV) of $41.1 billion US dollars. This made Shopify the second largest ecommerce platform in terms of GMV just behind Alibaba Group’s Taobao marketplace with $768 billion US dollars in GMV in 2019.
Shopify has been growing rapidly since its initial public offering in 2015. In 2019, it surpassed Walmart as the most valuable retailer in Canada after its stock quadrupled in value.
PRO TIP: The market share of Shopify is not known and may vary. Shopify may not be the best platform for your business. Do your research and talk to other businesses to see if Shopify is the right platform for you.
What Is the Market Share of Shopify?
Shopify’s market share is growing rapidly.
9 Related Question Answers Found
When it comes to ecommerce platforms, Shopify is one of the most popular options out there. It’s easy to use, has a lot of features, and is trusted by some of the world’s biggest brands. But how big is the market for Shopify?
Shopify is a platform for businesses of all sizes to create an online store. It offers users a customizable platform, an easy-to-use checkout process, and a wide range of features. Shopify is one of the most popular ecommerce platforms on the market today.
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, three entrepreneurs who wanted to start their own online business but were frustrated by the lack of easy-to-use ecommerce tools.
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 businesses and entrepreneurs.”
In 2006, Shopify was founded by Tobias Lütke, Daniel Weinand, and Scott Lake, who were looking to build an online store for snowboarding equipment.
Shopify is a platform for businesses of all sizes to create an online store. It offers users a customizable platform, an easy-to-use checkout process, and a wide range of features. Since its launch in 2004, Shopify has helped businesses around the world grow and scale.
Shopify is a platform that allows users to create and manage a business online. The platform offers a wide range of features, such as an eCommerce platform, a payment gateway, and a host of other features. Shopify has a Target price of $14.99 per share.
Shopify is a platform for businesses of all sizes to create an online store. There are three different levels of Shopify: Basic Shopify, Shopify, and Advanced Shopify. Each level has different features and benefits.
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 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, who were operating Alaveteli, an online forum platform written in Ruby on Rails.
