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What Industry Is Shopify In?

Last updated on January 12, 2023 @ 9:39 am

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 friends and classmates at the University of Waterloo. Weinand, a computer science student, originally built the platform to launch Lütke’s online snowboard store Snowdevil.ca. Shopify was launched as a platform in 2006.

The company has been profitable since 2009 and reported US$72 million in revenue in 2012. In 2015, Shopify acquired Boltmade, a web design and development agency based in Kitchener-Waterloo.

Shopify has been involved in several high-profile partnerships with major companies, including Google, Twitter, Apple Inc., and Facebook.

Shopify is in the business of e-commerce and providing merchants with tools to run their businesses online. This includes an e-commerce platform, payments processing, marketing tools, shipping solutions, and customer engagement tools. Shopify has been profitable since 2009 and continues to grow.

PRO TIP: The industry that Shopify is in is constantly changing and evolving. As such, it is important to stay up-to-date on the latest industry news and developments. Failure to do so could result in your business being left behind.
Kathy McFarland

Kathy McFarland

Devops woman in trade, tech explorer and problem navigator.