Shopify (TSX: SHOP)
Shopify Return vs. S&P
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Shopify Company Info
Shopify, Inc. operates a cloud-based commerce platform designed for small and medium-sized businesses. Its software is used by merchants to run business across all sales channels, including web, tablet and mobile storefronts, social media storefronts, and brick-and-mortar and pop-up shops. The firm's platform provides merchants with a single view of business and customers and enables them to manage products and inventory, process orders and payments, build customer relationships and leverage analytics and reporting. It focuses on merchant and subscription solutions. The company was founded on September 28, 2004 and is headquartered in Ottawa, Canada.
News & Analysis
Why Facebook Has a Better Shot at E-Commerce This Time
Online shopping is seeing a surge amid the pandemic, presenting Facebook with a big opportunity if it can succeed in a market that has long been out of its reach.
Facebook Launched Facebook Shops to Make It Easier to Sell Products On Its Platforms
Facebook is pushing into e-commerce in a big way, enabling small businesses to directly sell products from Facebook and Instagram.
Valuation
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