Website Building » Shopify » How Many Shopify Acquired Companies?

How Many Shopify Acquired Companies?

Last updated on October 1, 2022 @ 9:20 pm

Shopify has been on a tear lately, with a string of acquisitions that show no signs of slowing down. In the past year alone, Shopify has acquired 6 companies:

1. Tictail: Tictail is a Swedish ecommerce company that allows small businesses to create online stores. It was founded in 2012 and had raised $22 million in funding before being acquired by Shopify in July of 2016.

2. Jet Cooper: Jet Cooper is a Canadian design agency that was founded in 2009. Shopify acquired Jet Cooper in August of 2016 for an undisclosed amount.

3. Tiny Hearts: Tiny Hearts is a Toronto-based mobile app development studio that was founded in 2010. Shopify acquired Tiny Hearts in November of 2016 for an undisclosed amount.

4. Oberlo: Oberlo is a Polish ecommerce company that allows businesses to find and sell products from AliExpress.com. It was founded in 2015 and had raised $2.5 million in funding before being acquired by Shopify in December of 2016.

5. TradeGecko: TradeGecko is a Singapore-based inventory management software company that was founded in 2012. Shopify acquired TradeGecko in January of 2017 for an undisclosed amount.

6. Recharge Payments: Recharge Payments is a UK-based payments company that allows businesses to accept recurring payments.

It was founded in 2014 and had raised $1 million in funding before being acquired by Shopify in February of 2017.

Shopify’s acquisitions show no signs of slowing down, with the company acquiring 6 companies in the past year alone.

PRO TIP: Shopify has acquired a number of companies over the years and continues to do so. While this can be seen as a positive thing, it can also be a cause for concern. Some of the companies that Shopify has acquired have gone on to fail, and this can often be traced back to the way that Shopify handled the acquisition. As such, it is important to be aware of the risks involved in Shopify acquiring a company. There have been a number of high-profile acquisitions by Shopify, and not all of them have been successful.

Shopify’s most recent acquisition was Recharge Payments, a UK-based payments company that allows businesses to accept recurring payments.

Shopify has also acquired Jet Cooper, a Canadian design agency, and Tiny Hearts, a Toronto-based mobile app development studio.

Oberlo, a Polish ecommerce company, and TradeGecko, a Singapore-based inventory management software company, are also among Shopify’s recent acquisitions.

Drew Clemente

Drew Clemente

Devops & Sysadmin engineer. I basically build infrastructure online.