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Shopify

Shopify

Shopify is an Ottawa-based cloud-based, multi-channel commerce platform designed for small and medium-sized businesses, founded in 2004 by Tobias Lütke.

Shopify Inc. is a Canadian multinational 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 has two segments: subscription solutions (43% of fiscal 2018 revenue) and merchant solutions (57% of fiscal 2018 revenue). The subscription solutions segment allows Shopify merchants to conduct e-commerce on a variety of platforms, including the company's website, physical stores, pop-up stores, kiosks, social networks, and Amazon. Merchant solutions are add-on products for the platform that facilitate e-commerce and include Shopify Pay, Shopify Shipping, and Shopify Capital.

Shopify has said their platform was engineered for reliability and scale, making enterprise-level technology available to businesses of varying sizes.The company reported that it had more than 1,000,000 businesses, including brands such as Tesla, Red Bull, Nestle, GE and Kylie Cosmetics, in approximately 175 countries using its platform as of June 2019. They reported total gross merchandise volume exceeding $41.1 billion for the calendar year 2018.

Timeline

September 14, 2021
Shopify ranks second this year on the 2021 TSX30, the Toronto Stock Exchange’s program.
July 16, 2021
Shopify officially launches Shopify Inbox, new centralized chat product for merchants.
May 20, 2020
Shopify announces a new merchant debit card and support for payment installment plans.
May 19, 2020
Shopify partners with Facebook to launch new online storefront tool.
May 11, 2020
Shopify launches what it called "a fully rebuilt and reimagined" Shopify POS.
April 28, 2020
Shopify launches consumer-facing shopping assistant app.
March 31, 2020
Shopify releases its financial results for Q1 2020.
August 14, 2019
Shopify launches first native chat function for merchants.
2019
Shopify releases a host of new features to its suite of e-commerce products.
December 11, 2013
Shopify raises a $100,000,000 series C round from Bessemer Venture Partners, Felicis Ventures, FirstMark Elite, Georgian Partners, Insight Partners and OMERS Ventures.
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Funding rounds

People

Name
Role
LinkedIn

Aaron Brady

Senior Production Engineer

Alaine Mackenzie

Senior Content Strategy Lead

Alex Topalov

Lead Developer

Amy Shapero

Chief Financial Officer

Andre Lyver

Director of Engineering

Andy Kwiatkowskiv

Senior Production Engineer

Anna Lambert

Director of Talent Acquisition

Arati Sharma

Director, Marketing

Atlee Clark

Director of Applications

Ben Morris

Developer Lead

Bonnie D'Amico

Senior Lead, Affiliates

Bram Sugarman

Director of Corporate Development and Strategic Partnerships

Brandon Chu

General Manager and Director of Product

Brittany Forsyth

Senior Vice President of Human Resources

Casandra Campbell

Content Marketing Lead

Cassie Kaiser

User Experience Research Lead

Chris Sauve

Front-End Developer Technical Lead

Craig Miller

CPO

Cynthia Savard Saucier

Director of User Experience

Daniel Molnar

Data Engineer

Daniel Patricio

Senior Product Manager

Daniel Weinand

Founder

Daniella Niyonkuru

Production Engineer

Dario Mungoi

Senior Android Developer

David Stubbs

Senior Product Designer

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Further reading

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Documentaries, videos and podcasts

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Companies

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News

Title
Author
Date
Publisher
Description
Meagan Simpson
September 21, 2021
BetaKit
Shopify has reportedly beaten Amazon in online traffic, according to data showing all Shopify-powered sites surpassed Amazon in unique visitors last quarter.
Josh Scott
September 16, 2021
BetaKit
The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe.
Charles Mandel
September 14, 2021
BetaKit
Shopify ranked second this year on the 2021 TSX30, the Toronto Stock Exchange's program showcasing the 30 top-performing stocks over a three-year period.
Charles Mandel
September 9, 2021
BetaKit
Two unicorns, Shopify and Israeli ecommerce marketing startup Yotpo, have signed a multi-year partnership, with Shopify also making an investment.
By The Associated Press
August 24, 2021
AP NEWS
TikTok users will soon be able to buy stuff directly through the short videos on the app -- something they had only been able to do through ads until now. Canadian e-commerce company Shopify said Tuesday that businesses will be able to add a shopping tab to their TikTok profiles to create a "mini-storefront" that links directly to their online store for checkout.
The Associated Press
August 25, 2021
CTVNews
TikTok users will soon be able to buy stuff directly through the short videos on the app via Canadian e-commerce company Shopify-- something they had only been able to do through ads until now.
The Associated Press SAN FRANCISCO
August 24, 2021
ABC News
TikTok users will soon be able to buy stuff directly through the short videos on the app
Josh Scott
August 24, 2021
BetaKit
TikTok and Shopify plan to expand their partnership, allowing consumers to browse and discover products from Shopify merchants directly through TikTok's app.
Sarah Perez
August 24, 2021
TechCrunch
TikTok is moving into e-commerce. The company announced this morning an expanded partnership with e-commerce platform Shopify, as well as a pilot test of TikTok Shopping among select Shopify merchants across the U.S., U.K., and Canada in the weeks to come. The social video platform first announced its plans to partner with Shopify last October, [...]
Josh Scott
July 29, 2021
BetaKit
The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe.
Alex Wilhelm
July 28, 2021
TechCrunch
Like Microsoft and Apple in the wake of their after-hours earnings reports, Shopify shares are having a muted reaction to the better-than-expected results.
Douglas Soltys
July 28, 2021
BetaKit
Canadian ecommerce giant Shopify announced its first-ever $1 billion revenue quarter today driven primarily by soaring gross merchandise volume (GMV).
Mary Ann Azevedo
July 27, 2021
TechCrunch
The NBA's Chicago Bulls launched its first-ever NFTs -- including digital artwork of NBA championship rings -- by launching an online store on Shopify.
Michael McSweeney
July 26, 2021
The Block
Shopify's president said Monday that the e-commerce company is directly supporting the sale of non-fungible tokens (NFTs) for its merchants, though the offering's scope appears limited at this time.
Meagan Simpson
July 21, 2021
BetaKit
Shopify is among of group of investors in the recent financing round for United States-based customer relationship software company Loop.
Josh Scott
July 16, 2021
BetaKit
Shopify has officially launched Shopify Inbox, a free, new platform product that unifies the company's existing chat tools.
Josh Scott
June 29, 2021
BetaKit
Shopify has announced a series of changes to its platform designed to give developers more early revenue and creative control over their brands and stores.
Sarah Perez
June 29, 2021
TechCrunch
Following similar moves by Apple, Google, and more recently Amazon, among others, e-commerce platform Shopify announced today it's also lowering its cut of developer revenue across its app marketplace, the Shopify App Store, as well as the new Shopify Theme Store. The news was announced today alongside a host of other developer-related news and updates [...]
Josh Scott
June 24, 2021
BetaKit
The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe.
Sarah Perez
June 15, 2021
TechCrunch
E-commerce platform Shopify announced this morning its one-click checkout service known as Shop Pay will become available to any U.S. merchant that sells on Facebook or Google -- even if they don't use Shopify's software to power their online stores. That makes Shop Pay the first Shopify product offered to non-Shopify merchants, the company notes. [...]
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References

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