Shopify

Shopify Inc.
Company typePublic
ISINCA82509L1076
IndustryE-commerce
Founded2006 (2006)
Ottawa, Ontario, Canada
Founders
  • Tobias Lütke
  • Daniel Weinand
  • Scott Lake
Headquarters
Ottawa, Ontario
,
Canada
Key people
  • Tobias Lütke (CEO)
  • Harley Finkelstein (President)
ServicesOnline shopping
Revenue US$8.88 billion (2024)
US$2.02 billion (2024)
US$132 million (2024)
Total assets US$13.9 billion (2024)
Total equity US$11.6 billion (2024)
Number of employees
8,100 (2024)
Websiteshopify.com
Footnotes / references
[1]

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.[1] Major customers include Tesla, LVMH, Nestlé, PepsiCo, AB InBev, Kraft Heinz, Lindt, Whole Foods Market, Red Bull, and Hyatt.[2]

The company's software has been praised for its ease of use and reasonable fee structure.[3] It has been described as the "go-to e-commerce platform for startups".[4]

  1. ^ a b "Shopify Inc. 2024 Form 10-K Annual Report". U.S. Securities and Exchange Commission. February 11, 2025.
  2. ^ Novicio, Trish (April 8, 2021). "15 Biggest Companies That Use Shopify" – via Yahoo Finance.
  3. ^ "Shopify Pros and Cons". Network Solutions.
  4. ^ Cite error: The named reference goto was invoked but never defined (see the help page).