Founded in 2006 by Tobias Lütke, Daniel Weinand, and Scott Lake, Shopify Inc. is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario. The company's core mission is to make commerce better for everyone by providing a comprehensive e-commerce platform that includes payment processing, marketing, shipping, and customer engagement tools. Shopify serves a global market, supporting millions of merchants from small entrepreneurs to large enterprises with its online store and retail point-of-sale systems.
Notable figures affiliated with Shopify include CEO Tobias Lütke and President Harley Finkelstein. The company is publicly traded on both the TSX and NYSE under the ticker symbol SHOP. Shopify has achieved significant milestones, including generating a revenue of $7.06 billion and a net income of $132 million in 2023. Its impact on the e-commerce industry is profound, empowering millions of merchants worldwide and representing a significant percentage of total U.S. e-commerce transactions.
