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 after attempting to open Snowdevil, an online store for snowboarding equipment. Lütke used the open source eCommerce software osCommerce to launch Snowdevil, but was frustrated by its lack of flexibility. As a result, he decided to develop his own solution.
In 2006, Shopify launched its platform as a hosted solution. In 2009 it raised $7 million in Series A funding from Bessemer Venture Partners and FirstMark Capital. In 2011 it raised $15 million in Series B funding from Felicis Ventures and Georgian Partners.
In 2012 Shopify acquired Select Start Studios Inc., rebranding it as Shopify Studios. In 2013 Shopify acquired Jet Cooper, a Toronto-based design studio specializing in branding, design and user experience consulting for clients such as Google, Adidas, Samsung and Red Bull.
Shopify has been profitable since 2015. In 2016 it generated $670 million in revenue and processed over $40 billion worth of transactions. In 2017 it processed over $60 billion in transactions and is predicted to generate $1 billion in revenue.
PRO TIP: Shopify is a platform for businesses of all sizes to create an online store. It is not a publicly traded company and does not have a net worth. Be wary of any websites that claim to know the net worth of Shopify, as they are likely inaccurate.
What Is Shopify Net Worth?
Shopify is estimated to be worth around $9 billion as of 2019.
10 Related Question Answers Found
Shopify 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 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 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 Plus is the enterprise version of Shopify, a leading ecommerce platform. Shopify Plus is a fully hosted, cloud-based ecommerce solution that offers businesses of all sizes the ability to sell online. It includes all the features of Shopify, plus additional features and support designed for businesses with high-volume sales.
Option value is the amount by which the price of a call option exceeds the price of the underlying asset. In other words, option value is the intrinsic value plus the time value. The intrinsic value is the amount by which the strike price of an option is in-the-money.
In this article, we will be discussing whether or not Shopify plus is worth the investment. We will start by giving you a brief overview of Shopify Plus, and then we will provide you with our verdict on whether or not it is worth it for you to upgrade to the platform. What is Shopify Plus?
Shopify is a popular eCommerce platform that allows businesses of all sizes to create an online store. The platform offers a wide range of features, including a customizable eCommerce platform, payment processing, and a vast community of users. In order to calculate a good profit margin for Shopify, it is important to consider a few key factors.
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 Partners is an account type that allows agencies and developers to create and manage multiple Shopify stores from a single Partners account. This type of account also gives access to exclusive Partner features, such as early access to new Shopify features and discounts on Shopify Apps. Shopify Partners is ideal for agencies or developers who manage multiple Shopify stores, as it provides a centralised location from which to manage all stores.
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 choice for businesses that are looking for an all-in-one solution to create an online store. It is simple to use and has a wide range of features that will suit most businesses.
Shopify is one of the most popular eCommerce platforms on the market. It is used by small businesses and large enterprises alike. Shopify is a turn-key solution that provides everything you need to create and run an online store.
