Shopify Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Tobias Lutke
- Full Time Employees
- 7,600
- Sector
- Technology
- Industry
- Software - Application
- Address
- 151 O'Connor Street Ottawa ON Canada K2P 2L8
- IPO Date
- May 20, 2015
- CIK
- 0001594805
- Website
- shopify.com
- Similar Companies
- Business
- Shopify Inc. is a Canadian multinational e-commerce technology company headquartered in Ottawa that provides a comprehensive commerce platform enabling businesses to start, grow, market, and manage retail operations globally. Its main products and services include its flagship Shopify platform, which supports online stores and physical retail point-of-sale (POS) systems; payment processing services through Shopify Payments; inventory and order management tools; shipping solutions via Shopify Shipping; and a broad marketplace for apps and themes to customize storefronts. Additionally, Shopify offers enterprise solutions through Shopify Plus, marketing tools like Shop Campaigns for customer acquisition, and domain registration services. The company serves over 5 million merchants across more than 175 countries, including major clients such as Tesla, LVMH, Nestlé, and PepsiCo, facilitating transactions exceeding $292 billion in 2024. Recent major company changes reflect a strategic shift towards artificial intelligence (AI) integration and a focus on core e-commerce technology. Shopify has divested its logistics operations by selling Deliverr and 6 River Systems to logistics firms Flexport and Ocado Group, respectively, while taking a significant equity stake in Flexport and naming it as its official logistics partner. Leadership restructuring in 2025 emphasizes operational efficiency and deeper AI adoption, highlighted by the promotion of Jess Hertz to COO to streamline execution and promote AI-powered merchant tools such as Shopify Magic and Sidekick, which automate product descriptions, customer support, and marketing functions. Shopify also launched an AI store setup tool to facilitate custom-designed themes and continues to expand its global footprint with renewed investments in AI and B2B ecommerce as key growth drivers. Founded in 2004, Shopify operates primarily in the software application and technology industry, targeting a diverse range of merchants from startups to large enterprises globally. It delivers services through a scalable cloud-based commerce platform that integrates retail sales across web, mobile, social media, and physical stores. Shopify is listed on the NASDAQ under ticker SHOP and continues to innovate within the ecommerce ecosystem by prioritizing merchant success, global expansion, and AI-driven commerce technology.
Company News
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Shopify Can Win Big With AI Agents. Why It May Take Time.
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Shopify (SHOP) Laps the Stock Market: Here's Why
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Shopify stock has crossed a crucial resistance: will the rally persist?
Wall Street Analysts Think Shopify (SHOP) Is a Good Investment: Is It?
Shopify Inc. (SHOP) is Attracting Investor Attention: Here is What You Should Know
Shopify vs. Uber Technologies: Which Technology Stock Is a Better Buy in 2026?
Shopify to Announce Third-Quarter 2026 Financial Results
Why Shopify Stock Rallied Today
Shopify Stock Rises Amid Piper Sandler's Bullish Take on Agentic Shopping
Shopify Is All In on AI (and Likes the Results)
Meta's Muse AI: Good or Bad for E-Commerce? Shopify and Amazon Are Taking Opposite Approaches.