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2024-04-17 04:13:03

Shopify

Canadian e-commerce company
Canadian e-commerce company
Shopify is a multinational e-commerce company based in Ottawa, Ontario. Its platform offers services like payments, marketing, and shipping. With 4.6 million stores in 175 countries, Shopify's revenue in 2023 was $7.1 billion.
2004
Shopify's Origins as Snowboarding Equipment Store
Shopify started as an online store selling snowboarding equipment by friends Tobias Lutke, Daniel Weinand, and Scott Lake. Tobias Lutke built an e-commerce platform using Rails after being frustrated with existing solutions like Yahoo! Stores.
2006-06
Founding of Shopify
Shopify was founded in June 2006 by Tobias Lütke and Scott Lake after they were dissatisfied with existing e-commerce products and decided to build their own platform using Ruby on Rails. The platform was initially launched as Shopify after starting as an online store for snowboarding equipment.
2007
Retailers on Shopify’s platform net a combined total of $100 million in sales
In 2007, retailers using Shopify's platform generated a total of $100 million in sales.
2009-06
Launch of Shopify API and App Store
In June 2009, Shopify introduced an application programming interface (API) platform and App Store, allowing developers to create applications for Shopify online stores and sell them on the platform. This move expanded the capabilities and offerings of Shopify's e-commerce ecosystem.
2010-12
Shopify received $7 million in series A round of venture capital financing
In December 2010, Shopify secured $7 million in its initial series A round of funding.
2011-10
Shopify's Series B round raised $15 million
In October 2011, Shopify raised $15 million in its Series B funding round.
2012
Shopify Named Canada's Smartest Company by Profit Magazine
In 2012, Profit Magazine recognized Shopify as 'Canada's Smartest Company'. By the end of the same year, Shopify, which initially had 150 employees, expanded to 40,000 stores operating in 90 countries and generating $740 million in sales.
2013-06
Shopify acquires Jet Cooper
In the summer of 2013, Shopify acquired Jet Cooper, a design and user experience agency based in Toronto, to expand operations in Toronto and enhance design and UX capabilities.
2013-08
Shopify acquired Jet Cooper
In August 2013, Shopify acquired Jet Cooper, a design studio based in Toronto.
2013-12
Shopify $100 million Series C round
In December 2013, Shopify raised $100 million in a Series C round. The funding was used to shift the company's focus from e-commerce to a broader commerce platform.
2014
Shopify Shows Impressive Growth in 2014
During 2014, Shopify showcased remarkable growth with 140,000 stores and $3.7 billion in sales. The company also experienced significant expansion in the field of mobile commerce.
2015-09-04
Launch of A Brief History of Shopify
On September 4, 2015, the publication 'A Brief History of Shopify' was launched, providing insights into the origins and evolution of the popular e-commerce platform.
2016
Integration with Facebook Messenger
Shopify integrated with Facebook Messenger in 2016, enabling businesses to engage with customers in real-time. This move enhanced customer communication and support.
2017-01
Shopify announced integration with Amazon
In January 2017, Shopify revealed integration with Amazon to enable merchants to sell on Amazon through their Shopify stores.
2019-04
Shopify integration with Snapchat
In April 2019, Shopify partnered with Snapchat, allowing Shopify merchants to purchase and manage Snapchat Story ads directly through the Shopify platform.
2020-02-21
Shopify joins Diem Association
On February 21, 2020, Shopify announced plans to join the Diem Association, previously known as the Libra Association. This move was made during the COVID-19 pandemic.
2020-03-11
Shopify shifts to remote work
Amid the COVID-19 pandemic, on March 11, 2020, Shopify announced that it would transition its entire workforce to remote work.
2021-01-13
Affirm's IPO impacts Shopify
Following Affirm's IPO on January 13, 2021, Shopify's 8% stake in Affirm surged in value to $2 billion, showcasing the financial implications for Shopify.
2021-06-11
Shopify acquires Primer
On June 11, 2021, Shopify announced the acquisition of Primer, an AR app that enables users to digitally preview home improvement items, marking a strategic move for the company.
2021-06-29
Shopify removes revenue share for app developers
Shopify made a significant decision on June 29, 2021, by eliminating the 20% revenue share for app developers earning less than US$1 million annually, impacting the developer community.
2022-03-22
Shopify introduces Linkpop
On March 22, 2022, Shopify launched Linkpop, a product aimed at creating a branded social marketplace for merchants to promote their products through social media links, enhancing their marketing strategies.
2022-04-11
Shopify acquires Dovetale
In April 2022, Shopify made headlines by acquiring Dovetale, an influencer marketing startup based in New York, signaling Shopify's interest in expanding its marketing capabilities.
2022-04-12
Shopify participates in carbon dioxide removal commitment
On April 12, 2022, Shopify, along with other major companies, announced a $925 million commitment towards carbon dioxide removal technology development, showcasing their environmental responsibility.
2022-04-28
Shopify Design & Development News
On April 28, 2022, Shopify released news related to design and development. The specifics of the news were not provided in the input.
2022-07-26
Shopify announces layoffs
On July 26, 2022, Shopify CEO announced layoffs affecting approximately 10% of the workforce due to growth rate challenges, marking a significant internal restructuring for the company.
2023-11-14
EComposer Launches #1 Drag & Drop Page Builder for Shopify
On November 14, 2023, EComposer launched the #1 Drag & Drop Page Builder for Shopify, enabling users to create professional websites without coding. The platform offers over 100 design elements and 300 templates, empowering users to build their dream online store.
2023-12-04
Create Code-Free Custom Shopify Themes for Beginners
A tutorial on creating custom Shopify themes without the need for coding, aimed at beginners looking to personalize their online store.
2023-12-31
How To Edit Pages On Shopify: A User-Friendly Editing Guide
A guide on how to edit pages on Shopify in a user-friendly manner, providing step-by-step instructions and tips for beginners.
2024-02-01
How To Create A Romantic Shopify Landing Page For Valentine
EComposer Team guides on creating a romantic Shopify landing page for Valentine's Day on February 1, 2024.
2024-03-01
Best Landing Page & Website Design Ideas for International Women's Day
EComposer Team presents the best landing page & website design ideas for International Women's Day on March 1, 2024.
2024-03-04
Top 8+ Best Streetwear Shopify themes for online store
EComposer Team shares the top 8+ best streetwear Shopify themes for online stores on March 4, 2024.
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Shopify

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Shopify

Canadian e-commerce company
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