Company

Shopify

Official Name: Shopify Inc.

Headquarters: Ottawa, ON, Canada

Founded: 2006

Employees: 10,000

CEO: Mr. Tobias Lütke

show_chart TSX: SHOP

Market Cap

C$104.90 Billion

CAD as of April 1, 2022

US$83.80 Billion

history Market Cap History

Company Description

Shopify is an e-commerce company providing an e-commerce platform for online stores and retail point-of-sale systems. Founded in 2004, Shopify offers a range of services including payments, marketing, shipping, and customer engagement tools to more than 800,000 businesses in approximately 175 countries.

Shopify market capitalization evolution

Evolution of Shopify Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of Shopify Inc.

Detailed Description

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping and fulfillment, and securing working capital. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.

Wikipedia Introduction

Shopify Inc. 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. The Shopify platform offers online retailers a suite of services including payments, marketing, shipping and customer engagement tools. The company reported that it had more than 1,700,000 businesses in approximately 175 countries using its platform as of May 2021. According to BuiltWith, 1.58 million websites run on the Shopify platform as of 2021. According to W3Techs, 4.4% of the top 10 million websites use Shopify. The total gross merchandise volume exceeded US$61 billion for calendar 2019. As of 2022, Shopify is among the top 10 largest publicly traded Canadian companies by market capitalization. Total revenue for the full year 2021 was US$4.611 billion.

Source: Wikipedia, retrieved on March 31, 2022, 9:04 p.m.

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Product & Services

Online shopping

Key People

Founder(s): Tobias Lütke Daniel Weinand Scott Lake

Financials

Revenue: US$4.61 billion (2021)

Net income: US$2.91 billion (2021)


Total assets: US$13.34 billion (2021)

Total equity: US$11.13 billion (2021)

Stocks & Indices

Shopify Inc. has the following listings and related stock indices.


Stock: TSX: SHOP

Stock: NYSE: SHOP

Stock: BCBA: SHOP

Stock: BMV: SHOPN

Stock: Bovespa: S2HO34

Stock: FSX: 307

Details

Headquarters:

150 Elgin Street

8th Floor

Ottawa, ON K2P 1L4

Canada

Phone: 613 241 2828