Shopify Inc (SHOP) Sector
Information Technology

(Current) $103.94
-0.89 (-0.85%) Open Price: 104.59

Shopify Inc. is a Canadian e-commerce company that provides a platform for businesses to create and manage their online stores. The company was founded in 2006 by Tobias Lütke, Daniel Weinand, and Scott Lake, who were seeking a better solution to build their own online snowboard store, Snowdevil. Frustrated with the available e-commerce platforms, they decided to create their own, which eventually led to the establishment of Shopify.

The Shopify platform allows businesses of all sizes to set up and customize their online stores without the need for extensive technical knowledge. It offers a wide range of features, including website design templates, inventory management, payment processing, shipping integration, and marketing tools. Additionally, Shopify provides a secure and scalable infrastructure to ensure smooth and reliable operations for its customers.

Today, Shopify is a leading player in the e-commerce industry, empowering over 1.7 million businesses in more than 175 countries to sell their products and services online. The company's user-friendly interface and extensive app ecosystem have made it popular among entrepreneurs and established retailers alike, contributing to its rapid growth and success.

In addition to its e-commerce platform, Shopify has expanded its services to include payment processing through Shopify Payments, point-of-sale systems with Shopify POS, and shipping and fulfillment solutions with Shopify Fulfillment Network. The company continues to innovate and introduce new features and services to support the evolving needs of online businesses and maintain its position as a leading e-commerce platform worldwide.

(11/19/24) $104.59
(11/21/24) $104.83
(11/21/24) (Qty.)7,247,581
(11/19/24) $103.27
(11/19/24) $105.38
(11/03/24) $77.70
(11/10/24) $115.62
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