Shopify Inc. is a Canadian multinational e-commerce company that provides an all-in-one platform for businesses of all sizes to sell their products and services online. The company was founded in 2006 by Tobias Lütke, Daniel Weinand, and Scott Lake in Ottawa, Canada. It went public in 2015 and is listed on the New York Stock Exchange (NYSE: SHOP) and the Toronto Stock Exchange (TSX: SHOP).
Shopify offers tools to help merchants set up and run their online stores, including website design and development, payment processing, inventory management, shipping, and marketing. The company also offers a variety of integrations with third-party apps and services, allowing merchants to customize their online stores and streamline their business operations.
As of 2021, Shopify has over 1.7 million businesses in more than 175 countries using its platform, generating over $307 billion in total sales. The company has a global workforce of over 8,000 employees, with offices in Canada, the United States, the United Kingdom, Ireland, Australia, New Zealand, Singapore, and Japan.
Shopify has been recognized as one of the fastest-growing companies in North America, ranking second on the 2020 Deloitte Technology Fast 50™ list. The company has also been named one of the best places to work in Canada and the United States by various publications, including Glassdoor and Forbes.
In addition to its e-commerce platform, Shopify has expanded its offerings to include a point-of-sale (POS) system for in-person sales and a business-to-business (B2B) platform for wholesalers and manufacturers to sell to other businesses. The company has also launched a new digital wallet, Shop Pay, to provide customers a faster and more secure checkout experience.
Overall, Shopify’s mission is to improve commerce by providing a simple, affordable, and powerful platform for businesses to sell online and reach new customers worldwide.
