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Is Shopify a Legitimate Business?

Last updated on October 2, 2022 @ 4:23 am

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 was founded in 2004 by Tobias Lütke, Daniel Weinand, and Scott Lake after attempting to open Snowdevil, an online store for snowboarding equipment. Unsatisfied with the existing e-commerce products at the time, Lütke, Weinand, and Lake instead built their own.

PRO TIP: Please be aware that there are many scams online. Some people pose as legitimate businesses in order to take your money. Be sure to do your research before giving any personal information or money to a website or company.

Since its launch in 2006, Shopify has grown quickly. In 2010, it was reported that Shopify had over 10,000 active stores using their platform.

By 2016 that number had grown to over 300,000 active stores. And as of Q3 2019, Shopify has 1 million active users.

Shopify is a platform for businesses of all sizes. It offers an easy-to-use platform with a wide range of features and tools. And it’s scalable so businesses can grow as their needs change.

Is Shopify a Legitimate Business?

Yes, Shopify is a legitimate business. It is a public company traded on the New York Stock Exchange (NYSE: SHOP) and it has been in business since 2004. Shopify is used by businesses of all sizes around the world and it offers a wide range of features and tools.

Morgan Bash

Morgan Bash

Technology enthusiast and Co-Founder of Women Coders SF.