Shopify is a publicly traded e-commerce company headquartered in Ottawa, Canada. It is also the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems.
Shopify was founded in 2004 by Tobias Lütke, Daniel Weinand, and Scott Lake, who were then students at the University of Waterloo. [8] In 2012, Shopify acquired a small team of developers from the start-up Jet Cooper. [9]
Shopify has been in business since 2006 and has been profitable every year since 2012. In Q2 2019, Shopify reported $1.58 billion in total revenue, an increase of 47% from $1.07 billion in Q2 2018.
PRO TIP: Is Shopify a Buy or Sell?
This question is a bit like asking “Is a stock a buy or sell?” The answer to that question depends on a number of factors, including the current market conditions, your investment goals, and your personal risk tolerance.
That being said, Shopify is currently trading at around $150 per share. If you’re considering buying shares of Shopify, you should first consult with a financial advisor to see if it’s a good fit for your portfolio.
[10] 96% of Shopify’s revenue comes from recurring subscriptions to its platform, with the other 4% coming from merchant solutions such as payments and point of sale. [11]
Shopify is a platform for businesses of all sizes to create an online store. Shopify offers three different plans: Basic Shopify, Shopify, and Advanced Shopify. Basic Shopify starts at $29 per month. Shopify starts at $79 per month.
Advanced Shopify starts at $299 per month. All plans come with a 14-day free trial. [12]
Shopify is a buy because:
- It is a publicly traded company
- It is profitable every year
- It has three different plans
- All plans come with a 14-day free trial
9 Related Question Answers Found
Shopify is one of the most popular ecommerce platforms on the market. It allows businesses of all sizes to create an online store and sell their products to customers around the world. While Shopify does have some competition from other ecommerce platforms, it still remains one of the top choices for businesses looking to sell online.
Shopify is one of the hottest stocks on the market today, and for good reason. The company has been growing at an incredible pace, and its platform is used by some of the biggest brands in the world. Shopify is a buy for those who are looking for long-term growth potential.
Shopify Inc. 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 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 (SHOP) 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 great platform for businesses of all sizes to get their online presence started. It’s easy to use and can be customized to fit your business’ needs. Plus, there are a ton of features and tools available to help you grow your business.
Shopify is a marketplace. It’s a platform that enables businesses to create their own online stores. Shopify is simple to use, especially if you’re already familiar with eCommerce platforms like Amazon or eBay.
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 a good option for businesses that are looking to create an online presence and sell products or services online. The platform is easy to use and offers a wide range of features that can be customized to fit the needs of any business.
Shopify is one of the most popular ecommerce platforms on the market today. It is a hosted solution, which means that you don’t have to worry about hosting your own website or managing server updates. Shopify takes care of all of that for you.
