Shopify

Shopify Inc.
Company type	Public
Traded as	TSX: SHOP (Class A); S&P/TSX 60 component; Nasdaq: SHOP; Nasdaq-100 component;
ISIN	CA82509L1076
Industry	E-commerce
Founded	2006; Ottawa, Ontario, Canada
Founders	Tobias Lütke; Daniel Weinand; Scott Lake;
Headquarters	Ottawa, Ontario, Canada
Key people	Tobias Lütke (CEO); Harley Finkelstein (President);
Services	Online shopping
Revenue	US$8.88 billion (2024)
Operating income	US$2.02 billion (2024)
Net income	US$132 million (2024)
Total assets	US$13.9 billion (2024)
Total equity	US$11.6 billion (2024)
Number of employees	8,300 (2023)
Website	www.shopify.com
	Footnotes / references;

Shopify Inc., stylized as shopify, headquartered in Ottawa, Ontario, operates an e-commerce platform for retail point-of-sale systems that offers payments, marketing, shipping, inventory management, transaction management, and customer engagement tools. 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]

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

[10K-1] "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.

[goto-4] Cite error: The named reference goto was invoked but never defined (see the help page).

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