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Shopify Inc (Shopify) is a provider of essential internet infrastructure for commerce, offering an all-in-one platform that facilitates starting, running, and growing a business. The company's main activities include providing a comprehensive, multi-channel commerce platform that supports online storefronts, physical retail spaces, and various sales channels. Shopify's major products and services include subscription solutions, merchant solutions, and integrated payment processing through Shopify Payments. Shopify offers solutions for order and inventory management, shipping, finances, funding, and workflow automation. The company serves a wide range of industries by enabling sales online, in-store, and across various channels. Shopify's distribution network includes partnerships with various channel partners and a presence in the Shopify App Store. The company serves a global market with merchants in the US, Europe, the Middle East, Africa, Asia Pacific, Australia, China, Canada, and Latin America. Shopify is headquartered in Ottawa, Ontario, Canada.
Headquarters
Canada
Address
Ground Floor, 151 O'Connor Street, Ottawa, Ontario, K2P2L8
Website
www.shopify.com
Telephone
1 613 2412828
No of Employees
7,600
Industry
Technology and Communications
Ticker Symbol & Exchange
SHOP (NASD)
Revenue (2024)
$11.6B
30.1%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-39%
(2024 vs 2023)
Market Cap*
$155.0B
Net Profit Margin (2024)
XYZ
-53.2%
(2024 vs 2023)
* As of and is in US$
Shopify Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| - | - | - |
| Commerce Platform | Subscription Plans | Shopify |
| Apps and Themes | Payment Processing | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In April, Shopify Rebellion partnered with Follett Higher Education to introduce a national collegiate Rocket League tournament to connect students through competition, community, and campus pride. |
| 2026 | Contracts/Agreements | In March, the company partnered with Klaviyo to help global brands unify customer data across regions and deliver consistent, localized customer experiences worldwide. |
| 2025 | Contracts/Agreements | In November, the company, along with Leap and Simon, partnered to announce the opening of Bombas' retail store in Austin, Texas, the US. |
Competitor Comparison
| Key Parameters | Shopify Inc | eBay Inc | Commerce.Com Inc | BASE Inc | Clover Network LLC |
|---|---|---|---|---|---|
| Headquarters | Canada | United States of America | United States of America | Japan | United States of America |
| City | Ottawa | San Jose | Austin | Minato-Ku | Sunnyvale |
| State/Province | Ontario | California | Texas | Tokyo | California |
| No. of Employees | 7,600 | 12,300 | 1,079 | 401 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Tobias Lutke | Chief Executive Officer; Chairman | Executive Board | 2008 | - |
| Jeff Hoffmeister | Chief Financial Officer | Senior Management | - | - |
| Darryl Arvai | Vice President; Controller | Senior Management | - | - |
| Gail Goodman | Director | Non Executive Board | 2016 | - |
| Kevin Scott | Director | Non Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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