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What Does the Company Shopify Do?

Last updated on October 1, 2022 @ 7:09 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.”

The company also provides a platform for developers to create applications for merchants on the Shopify platform.

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 the available e-commerce products at the time, Lütke decided to build his own.

PRO TIP: The Company Shopify is a web development platform that enables businesses to create online stores. However, it is important to note that the Company Shopify is not a hosting service, meaning that businesses will need to find a separate hosting provider in order to use the platform. Additionally, businesses should be aware that the Company Shopify charges transaction fees for each sale made through an online store.

Shopify launched its platform in 2006. The company reports that it now has more than 800,000 merchants using its platform, with gross merchandise volume exceeding $55 billion.

What Does Shopify Do?

In short, Shopify is an ecommerce platform that helps businesses set up and run their online stores. Shopify offers a suite of services including payments, marketing, shipping and customer engagement tools to simplify the process of running an online store for small merchants.

How Did Shopify Get Started?

Shopify was founded in 2004 by Tobias Lütke, Daniel Weinand and Scott Lake after they attempted to open Snowdevil, an online store for snowboarding equipment. They were unsatisfied with the available e-commerce products at the time so Lütke decided to build his own.

How Many Businesses Use Shopify?

The company reports that it now has more than 800,000 merchants using its platform with gross merchandise volume exceeding $55 billion.

Madison Geldart

Madison Geldart

Cloud infrastructure engineer and tech mess solver.