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


Telephone 1 613 2412828

No of Employees 10,000

Industry Technology and Communications

Ticker Symbol & Exchange SHOP (NYSE)

Revenue (2022) $4.6B 57.4% (2022 vs 2021)

EPS XXX

Net Income (2022) XXX 812.2% (2022 vs 2021)

Market Cap* $64.6B

Net Profit Margin (2022) XXX 479.3% (2022 vs 2021)

* As of and is in US$

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IT Services Contracts

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Shopify Inc’s likely spend across technology areas enabling you to understand the digital strategy.

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Products and Services

Services Brands
Single View of Business Shopify
Back-Office Support
Enables to Manage Products and Inventory
XXX
XXX
XXX
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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 January, the company announced the launch of Commerce Components by Shopify (CCS).
2022 Contracts/Agreements In December, the company and BigCommerce merchants partnered with Fast Simon to use Fast Simon’s AI-based merchandising, search, and personalization suite to power eCommerce stores.
2022 Contracts/Agreements In December, the company and Bridgeline Digital entered into a partnership to offer its prescriptive marketing dashboard, eCommerce360.
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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 10,000 10,800 1,337 211 -
Entity Type Public Public Public Public Private
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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 XX
Non Dignissim Eros Proin vel Convallis 2023 XX
Non Dignissim Eros Proin vel Convallis 2023 XX
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