Shopify Inc is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario.
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37 Facts About Shopify
2.
Shopify is the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems.
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3.
The Shopify platform offers online retailers a suite of services including payments, marketing, shipping and customer engagement tools.
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4.
Shopify was founded in 2006 by Tobias Lutke and Scott Lake after attempting to open Snowdevil, an online store for snowboarding equipment.
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5.
Shopify created an open-source template language called Liquid, which is written in Ruby and used since 2006.
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6.
In June 2009, Shopify launched an application programming interface platform and App Store.
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7.
In 2010, Shopify started its Build-A-Business competition, in which participants create a business using its commerce platform.
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8.
Shopify was named Ottawa's Fastest Growing Company by the Ottawa Business Journal in 2010.
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9.
Shopify received $7 million from an initial series A round of venture capital financing in December 2010.
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10.
In February 2012, Shopify acquired Select Start Studios Inc, a mobile software developer, along with 20 of the company's mobile engineers and designers.
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11.
Shopify announced the launch of an iPad-centric point of sale system.
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12.
Shopify received $100 million in Series C funding in December 2013.
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13.
Shopify earned $105 million in revenue in 2014, twice as much as it raised the previous year.
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14.
In February 2014, Shopify released "Shopify Plus" for large e-commerce businesses with access to additional features and support.
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15.
Shopify Capital was initially piloted to merchants within the US and allowed merchants to receive an advance on future earnings processed through their payment gateway.
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16.
In November 2016, Shopify partnered with Paystack which allowed Nigerian online retailers to accept payments from customers around the world.
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17.
On November 22,2016, Shopify launched Frenzy, a mobile app that improves flash sales.
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18.
On December 5,2016, Shopify acquired Toronto-based mobile product development studio Tiny Hearts.
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19.
In January 2017, Shopify announced integration with Amazon that would allow merchants to sell on Amazon from their Shopify stores.
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20.
Shopify has since released additional technology for brick and mortar retailers, including a point-of-sale system with a Dock and Retail Stand similar to that offered by Square, and a tappable chip card reader.
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21.
In September 2018, Shopify announced plans to locate thousands of employees in Toronto's King West neighborhood in 2022 as part of "The Well" complex, jointly owned by Allied Properties REIT and RioCan REIT.
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22.
Shopify's software is used for in-person cannabis sales in Ontario since becoming legal in 2019.
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23.
In January 2019, Shopify announced the launch of Shopify Studios, a full-service television and film content and production house.
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25.
In May 2019, Shopify acquired Handshake, a business-to-business e-commerce platform for wholesale goods.
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26.
In June 2019, Shopify announced that it would launch its Fulfilment Network.
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27.
On September 9,2019, Shopify announced the acquisition of 6 River Systems, a Massachusetts-based company that makes warehouse robots.
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28.
On February 21,2020, Shopify announced plans to join the Diem Association, known as Libra Association at the time.
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29.
On March 11,2020, during the COVID-19 pandemic, Shopify announced it will shift its entire workforce to remote work.
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30.
In November 2020, Shopify announced a partnership with Alipay to support merchants with cross-border payments.
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31.
On June 11,2021, Shopify announced its acquisition of Primer, an AR app on the App Store that allows users to preview home improvement items digitally.
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32.
On March 22,2022, Shopify introduced Linkpop, a product to create a branded, social marketplace through which merchants can advertise and market their products via links to be added on social media channels.
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33.
On May 5,2022, Shopify announced their acquisition of Deliverr, a San Francisco, California-based ecommerce fulfilment startup, for US$2.
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34.
In February 2021, Shopify unveiled that the company has formed a new esports organization called Shopify Rebellion, and has put together a professional StarCraft II team to compete in international tournaments.
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35.
In December 2021, a group of publishers including Pearson Education, Inc, Macmillan Learning, Cengage Learning, Inc, Elsevier Inc, and McGraw Hill sued Shopify claiming that it had failed to remove listings and stores selling pirated copies of their books and learning materials.
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36.
In September 2020, Shopify confirmed a data breach in which customer data from fewer than 200 merchants was stolen.
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37.
Shopify identified two "rogue members" of its support team to be responsible.
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