Shopify

Extracted Attributes

• Type

  Canadian multinational e-commerce company

• Founder

  Tobias Lütke

• Employees

  8300

• Company Name

  Shopify Inc.

• Headquarters

  Ottawa, Ontario, Canada

• Key Features

  User-friendliness, competitive pricing, drag-and-drop editor, caters to developers, cloud-based, hosted platform, 24/7 support, AI for commerce

• Products/Services

  Platform for online stores, retail point-of-sale systems, payments, marketing, shipping, customer engagement tools, online store builder, cloud-based platform, mobile app

• Total Revenue (2021)

  $4.611 billion

• Customers (as of 2024)

  Over 5 million

• Total Revenue (Q2 2024)

  $2 billion

• Websites Powered (2021)

  1.58 million

• Transaction Location (2024)

  57% in the United States

• Transactions Processed (2024)

  $292.3 billion

• Businesses using platform (as of May 2021)

  More than 1.7 million across approximately 175 countries

• Percentage of Top 10 Million Websites (2021)

  4.4%

Timeline

• Shopify Inc. was founded by Tobias Lütke. (Source: Wikidata, Web Search)

  2006-01-01

• Shopify's platform powered 1.58 million websites. (Source: Summary, DBPedia)

  2021

• Shopify's total revenue for the year was $4.611 billion. (Source: Summary, DBPedia)

  2021

• The Shopify platform was utilized by more than 1.7 million businesses across approximately 175 countries. (Source: Summary, DBPedia)

  2021-05

• Shopify ranked among the top 20 largest publicly traded Canadian companies by market capitalization. (Source: Summary, DBPedia)

  2022-07

• Shopify serves over 5 million customers. (Source: Summary, Wikipedia)

  2024

• Shopify facilitated $292.3 billion in transactions. (Source: Summary, Wikipedia)

  2024

• Shopify reported total revenue of $2 billion. (Source: Web Search)

  2024-Q2

Shopify

Shopify Inc., stylized as shopify, is a Canadian multinational e-commerce company headquartered in Ottawa that operates a platform for retail point-of-sale systems. The company has over 5 million customers and processed $292.3 billion in transactions in 2024, of which 57% was in the United States. Major customers include Tesla, LVMH, Nestlé, PepsiCo, AB InBev, Kraft Heinz, Lindt, Whole Foods Market, Red Bull, and Hyatt. The company's software has been praised for its ease of use and reasonable fee structure. It has been described as the "go-to e-commerce platform for startups".

Web Search Results

• What Is Shopify and How Does It Work?

  Shopify is an e-commerce platform that helps you start an online store, manage payments, and monitor your business growth. In Q2 of 2024, Shopify reported total revenue of $2 billion, an increase of 21 percent from Q1 . Additionally, e-commerce sales in the United States reached $289.2 billion in the first quarter of 2024 . [...] Shopify functions as an e-commerce site where you can sell products. The company helps you set up an attractive site and offers a point of sale (POS) automatically when you set up your site. This allows you to accept full or partial payments, credit or debit cards, and gift cards. If you have a brick-and-mortar store, you can combine your transactions in your physical store with your online store using Shopify’s POS system, integrating your physical store into your digital store. [...] Since Shopify is cloud-based, you can use the Shopify app to monitor your store, transactions, inventory, and more from anywhere, as long as you have an internet connection. Shopify offers simple plans to get you started but has many services to customize your store to fit your business, including custom storefronts, third-party apps, and even Shopify experts who can build custom solutions. Once you have your products, sales, and operational tasks in place on Shopify, you can then grow your

• What is Shopify? — How It's Used, and How It Works

  Shopify is an app that lets you create your own online store. The platform lets ecommerce beginners build an online store via a user-friendly interface and a drag-and-drop editor — you don’t need any technical skills to use Shopify. However, Shopify also caters for developers, because it provides extensive access to store code. [...] 2 comments ### Transcript: Introduction What is Shopify? And how does it work? In this video I’m going to answer these questions. Stay tuned as I explain exactly what Shopify is and highlight its key pros and cons. Shopify: an overview OK, let’s start with a quick overview of the platform. Shopify is an app that lets you create your own online store. The platform was created in Canada in 2006 by German-born entrepreneur Tobias Lütke, who realized that an ecommerce [...] advantages of using Shopify. One — it’s easy to use. It’s easy to use Shopify has been designed for a non-technical audience. You don't need to install any software on your computer to use it — all you need is a web browser and Internet access. The interface is user friendly, and you can use Shopify to build a very professional-looking store without needing to code. Two — the templates are well-designed. The templates are well-designed There's a good selection of free and

• What Is Shopify and How Does It Work? (2025)

  Shopify is a commerce platform that helps you sell online and in person. Entrepreneurs, retailers, and global brands use Shopify to process sales, run stores, and grow their businesses. With Shopify, you can start your first ecommerce website or manage a world-leading retail business. Start your business journey with a free trial. ## How Shopify works Shopify’s tools and products work together as a unified system to help you sell to people everywhere. ### Build an online store [...] With Shopify, you can sell everywhere your customers are, including through an online store, on the Shop App, in person at a retail store, on marketplaces such as Amazon and Etsy, on social media channels like TikTok and Instagram, and via wholesale. Shopify is a cloud-based and hosted platform, which means you can safely access your admin and data from any compatible device with an internet connection. JH by Joe Hitchcock Published on Mar 5, 2025 Share article [...] Businesses of all sizes choose Shopify for its flexibility and the ability to manage a wide array of commerce tasks from a single admin. With Shopify, you can launch a business, create a dedicated space for your brand, and sell across multiple platforms, including in person and on social media. As your business expands, Shopify grows with you, offering features for large enterprises and eliminating the need for costly migration to another platform. ### Is Shopify free?

• Shopify

  Shopify: The All-in-One Commerce Platform for Businesses Skip to Content Shopify logo - Solutions Start - Start your business. Build your brand - Create your website. Online store editor - Customize your store. Store themes - Find business apps. Shopify app store - Own your site domain. Domains & hosting - Explore free business tools. Tools to run your business Sell - Sell your products. Sell online or in person - Check out customers. [...] Shopify takes the complexity out of international selling, from delivering products faster and more affordably with Shopify Shipping to localizing your experience with Shopify Markets. Desktop and mobile ### Take care of business #### Manage everything in one place From back office to front of store, you’re always in control with the fully centralized Shopify Admin. #### Run your store from anywhere Do it all right from your pocket with the full-featured Shopify mobile app. [...] Shopify puts your store within 50 milliseconds of every shopper on the planet, with the capacity to handle even the most epic product drops. ### Shopify keeps you at the cutting edge Our fleet of 4000+ world-class developers never stops leveraging the latest tech to make your business stronger, faster, and more successful. #### AI designed for commerce

• Online Store Builder—Create One Quickly - Shopify

  Shopify is the best ecommerce website platform for small, medium and large businesses. Gain full control over your entire website through your very own Content Management System that lets you change the navigation, site content, images and so much more. #### Blog to your heart’s content Not only does your Shopify plan come with a complete ecommerce platform, but also a blog! [...] A commerce solution for growing digital brands Enterprise The composable stack for enterprise retail All Products Explore all Shopify products & features Help and support Get 24/7 support How-to guides Read in-depth business guides Business Courses Learn from proven experts Shopify blog Business strategy tips What is Shopify? How our commerce platform works Shopify Editions New, innovative Shopify products Founder Stories Learn from successful merchants Branding

• Country

  Canada

• Founder

  Tobias Lütke

• Employees

  8,300

• Instance Of

  Q783794

• Headquarters

  Ottawa

• Inception Date

  1/1/2006

Shopify Inc. is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario. Shopify is 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 July 2022, Shopify is among the top 20 largest publicly traded Canadian companies by market capitalization. Total revenue for the full year 2021 was US$4.611 billion.