Shopify Inc (Shopify) is a provider of cloud-based, multi-channel commerce platform. The company’s software allows merchants to design, manage and sell their products across multiple sales channels, including web and mobile store fronts, social media, physical retail locations, pop-up shops and marketplaces. It also enables merchants to manage products and inventory, establish customer relationships, process orders and payments, ship orders, and leverage analytics and reporting all from back office. The company offers its services to merchants of small and medium sized businesses and provides services under the brand name Shopify. It operates in the US, Ireland, Singapore and Canada. Shopify is headquartered in Ottawa, Ontario, Canada.
Headquarters
Canada
Address
Suite 200, 126 York Street, Ottawa, Ontario, K1N5T5
Website
www.shopify.com
Telephone
1 613 2412828
No of Employees
11,600
Industry
Technology and Communications
Ticker Symbol & Exchange
SHOP (NYSE)
Revenue (2022)
$5.6B
21.4%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-218.7%
(2022 vs 2021)
Market Cap*
$76.2B
Net Profit Margin (2022)
XYZ
-197.8%
(2022 vs 2021)
* As of and is in US$
Shopify Inc premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Single View of Business | Shopify |
| Back-Office Support | |
| Enables to Manage Products and Inventory | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | New Products/Services | In June, the company's Shop app introduced a new rewards program, Shop Cash. |
| 2023 | Contracts/Agreements | In May, the company signed an agreement with Ocado Group to acquire 6 River Systems. |
| 2023 | Divestiture | In May, the company sold its logistics arm to Flexport. |
Competitor Comparison
| Key Parameters | Shopify Inc | eBay Inc | Bigcommerce Holdings Inc | BASE Inc | Clover Network Inc |
|---|---|---|---|---|---|
| Headquarters | Canada | United States of America | United States of America | Japan | United States of America |
| City | Ottawa | San Jose | Austin | Minato-Ku | Mountain View |
| State/Province | Ontario | California | Texas | Tokyo | California |
| No. of Employees | 11,600 | 11,600 | 1,500 | 266 | - |
| 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; Director | Executive Board | 2008 | - |
| Jeff Hoffmeister | Chief Financial Officer | Senior Management | 2022 | - |
| Toby Shannan | Chief Operating Officer | Senior Management | 2010 | - |
| Jean-Michel Lemieux | Chief Technology Officer | Senior Management | 2015 | - |
| Joseph Frasca | Chief Legal Officer; Secretary | Senior Management | 2014 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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