Shopify is a Canadian e-commerce company headquartered in Ottawa, Ontario. It is also the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems. Shopify offers online retailers a suite of services “including payments, marketing, shipping and customer engagement tools to simplify the process of running an online store for small merchants.
Shopify was founded in 2004 by Tobias Lütke, Daniel Weinand, and Scott Lake. In 2010, Shopify started its own payment gateway called “Shopify Payments” to accept credit card payments. The company also launched an affiliate program called “Shopify Partners” to recruit developers and designers who build themes and apps for its platform.
As of September 2020, Shopify had more than 1 million active stores in 175 countries and regions, with total gross merchandise volume exceeding $41 billion.
PRO TIP: Shopify is a publicly traded company on the Toronto Stock Exchange (TSX:SH). As of September 2020, its market capitalization is $41.8 billion.
The company’s share price has been on a tear in 2020, up over 175% year-to-date as of September 4. This recent run-up in the stock price has investors wondering if now is a good time to buy Shopify stock.
Before making any investment decisions, it’s important to do your own research and consult with a financial advisor.
Is it a good time to buy Shopify stock?
The stock market is always fluctuating, so it’s hard to say whether any particular time is the best or worst time to buy a specific stock. However, Shopify’s stock has been on the rise in recent years as the company has continued to grow and innovate.
In general, buying stocks when they are low and selling when they are high is a good strategy for making money in the long run. So if you believe that Shopify will continue to be a leader in the e-commerce space, then now might be a good time to buy its stock.
8 Related Question Answers Found
Shopify (SHOP) is an e-commerce platform that enables businesses of all sizes to create an online store. It offers a customizable platform, an easy-to-use checkout process, and a wide range of features. Shopify’s platform is based on three pillars: simplicity, flexibility, and scalability.
Shopify stock is up over 400% in the past year, and continues to be one of the hottest stocks on the market. But is it a good buy? Shopify is a leading ecommerce platform that enables businesses of all sizes to create an online store.
Shopify (SHOP) is a Canadian e-commerce company headquartered in Ottawa, Ontario. It is also the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems. Shopify offers online retailers a suite of services “including payments, marketing, shipping and customer engagement tools to simplify the process of running an online store for small merchants.
Shopify, one of the hottest tech companies in Canada, is considering a stock split. The e-commerce platform provider is said to be mulling over the move in order to make its shares more accessible to a wider range of investors, according to sources familiar with the matter. Shopify has been on a tear lately, with its stock price more than doubling in the past year.
Shopify is a platform for businesses of all sizes to create an online store. It offers users a customizable platform, an easy-to-use checkout process, and a wide range of features.Shopify is a good option for businesses that are looking to create an online presence and sell products or services online. The platform is easy to use and offers a wide range of features that can be customized to fit the needs of any business.
Shopify (SHOP) went public in 2015 and has since then delivered stellar returns to investors. The stock is up almost 600% since its IPO, and it doesn’t show any signs of slowing down. With a market cap of over $60 billion, Shopify is now the largest e-commerce platform in North America.
Shopify is a good growth stock. The company’s share price has quadrupled since its initial public offering in 2015, and its revenue has more than doubled every year since 2013. Shopify’s merchant base has also grown rapidly, from about 100,000 in 2014 to over 1.2 million in 2018.
Shopify is a publicly traded company on the New York Stock Exchange (NYSE) and Toronto Stock Exchange (TSX) with the ticker symbol SHOP. As of June 2020, Shopify had a market capitalization of over $41 billion. Shopify is a leading ecommerce platform with over one million active users in 175 countries.
