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Is Shopify Public?

Last updated on October 2, 2022 @ 4:27 am

Shopify is a public company. It is listed on the New York Stock Exchange and trades under the ticker symbol “SHOP.”

As of June 2019, Shopify has a market capitalization of $19.6 billion.

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. ”

PRO TIP: Shopify is a publicly traded company on the Toronto Stock Exchange (TSX) and is a member of the S&P/TSX 60, an index of the largest companies on the Toronto Stock Exchange.

Shopify was founded in 2004 by Tobias Lütke, Daniel Weinand, and Scott Lake after attempting to open Snowdevil, an online store for snowboarding equipment. Lütke used the open source web application framework Ruby on Rails to build Snowdevil’s online store, and then launched Shopify in 2006 to sell it as a SaaS product.

In 2015, Shopify announced that it had processed more than $30 billion in gross merchandise volume (GMV) through its platform. And as of June 2019, Shopify has over 800,000 merchants using its platform across 175 countries and is trusted by brands such as Tesla, Budweiser, Red Bull, LA Kings, Kylie Cosmetics, and many more.

Is Shopify Public?

Yes, Shopify is public.” As of June 2019, Shopify has a market capitalization of $19.

Drew Clemente

Drew Clemente

Devops & Sysadmin engineer. I basically build infrastructure online.