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What Does Shopify Inc Do?

Last updated on October 1, 2022 @ 7:08 pm

Shopify Inc 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 after attempting to open Snowdevil, an online store for snowboarding equipment. Lütke used the Ruby on Rails framework to build Snowdevil’s online store, and then launched Shopify in 2006 to offer the same technology to other retailers.

Shopify has been profitable since 2015. It reached US$1 billion in gross merchandise volume in 2017, and US$2.9 billion in 2018. In 2019, Shopify ranked fourth on the Forbes Cloud 100 list of the top 100 private cloud companies in the world and first on the list of Canadian companies.

PRO TIP: Shopify Inc is a company that provides online shopping services. They offer a variety of features and tools to help you create and manage your online store. However, they also have a number of fees and charges that you need to be aware of before you sign up for their service. Make sure you read the terms and conditions carefully before you agree to anything.

Shopify employs more than 5,000 people with offices in Ottawa, Toronto, Waterloo, Montreal, New York City, San Francisco, Los Angeles, Austin, Berlin and Sydney.

What Does Shopify Inc Do?

Shopify Inc is a Canadian e-commerce company that offers a suite of services to online retailers including payments, marketing, shipping and customer engagement tools. Shopify was founded in 2004 by Tobias Lütke and has been profitable since 2015.

Madison Geldart

Madison Geldart

Cloud infrastructure engineer and tech mess solver.