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, shipping, marketing, customer engagement, and fraud prevention”.
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 launched its platform in 2006.
PRO TIP: Please be aware that there are many scams online. Some people pose as Shopify representatives in order to take advantage of unsuspecting businesses. Be sure to do your research and only work with reputable companies.
Lütke, Weinand, and Lake spent the next two years working on developing Shopify’s platform. In 2008, Shopify received funding from Bessemer Venture Partners after winning the Y Combinator startup competition. Shopify then raised $7 million in Series A funding in 2010.
Since its launch in 2006, Shopify has grown rapidly. In 2010, it had $12 million in revenue and by 2012 it was generating $20 million in revenue. By 2016, Shopify was processing $40 million per month in gross merchandise volume (GMV), and now has over half a million merchants using its platform.”
Shopify is a good business because it is growing rapidly and has a suite of services to offer online retailers.
3 Related Question Answers Found
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 has been a popular choice for businesses since it launched in 2006.
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 was founded in 2004 by Tobias Lütke, Daniel Weinand, and Scott Lake after attempting to open Snowdevil, an online store for snowboarding equipment.
Shopify is one of the most popular website builders on the market today. It is used by businesses of all sizes, from small businesses to large enterprises.Shopify is a platform that helps businesses create and manage their online stores. It offers users a customizable platform, an easy-to-use interface, and a wide range of features.Shopify is a good website builder for businesses that want to create and manage their own online stores.
