Shopify | Solutional Webdesign Antwerpen

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Shopify is a prominent e-commerce platform, founded by Tobias Lütke and Scott Lake in 2006. It’s a powerful tool that enables over two million businesses across 175 countries to create their own online stores and sell products directly. The platform is renowned for its user-friendly interface and its flexible design system, “Liquid,” which was introduced in 2006. Shopify is built on Ruby on Rails framework, and its tech stack also includes JavaScript^[1] for client-side execution. The platform supports independent developers who wish to create apps or themes. Shopify went public in 2015 and is among the top 20 largest publicly traded companies in Canada. Over the years, it has expanded its services by acquiring companies and entering strategic partnerships. However, it has also faced legal challenges such as lawsuits and campaigns demanding its removal.

Terms definitions

1. ↑ JavaScript ( JavaScript ) JavaScript is a powerful programming language that was officially introduced in 1995, and it has undergone significant evolution since its inception. It started with its use in the Mosaic browser and Netscape, and later was adopted by Microsoft, leading to a browser war due to compatibility issues. JavaScript was standardized by Ecma International, leading to the release of ECMAScript, which has several versions. It is widely used in client-side scripting, with a majority of websites using it to enable dynamic content, animations, and more. JavaScript also powers server-side applications and embedded systems, thanks to the introduction of platforms like Node.js. Its execution relies on JavaScript engines, with the V8 engine being a prominent example. Despite being a trademark of Oracle Corporation, JavaScript is open-source and adheres to ECMAScript implementations, offering features like structured and imperative programming.

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Glossary

Shopify (Wikipedia)

Shopify Inc. is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario. Shopify is the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems. The Shopify platform offers online retailers a suite of services, including payments, marketing, shipping and customer engagement tools.

Shopify Inc.

Company type	Public
Traded as	TSX: SHOP (Class A) S&P/TSX 60 component NYSE: SHOP
ISIN	CA82509L1076
Industry	E-commerce
Founded	2006; 18 years ago (2006) Ottawa, Ontario, Canada
Founders	Tobias Lütke Daniel Weinand Scott Lake
Headquarters	Ottawa, Ontario , Canada
Area served	Worldwide
Services	Online shopping
Revenue	US$7.06 billion (2023)
Net income	US$132 million (2023)
Total assets	US$11.3 billion (2023)
Total equity	US$9.07 billion (2023)
Number of employees	c. 8,300 (2023)
Website	shopify.com

As of 2023, Shopify hosts 4.6 million stores across 175 countries. According to the company's yearly financial report for 2023, its total revenue reached $7.1 billion. The Gross Merchandise Volume (GMV) for the fourth quarter alone saw a 23% increase, amounting to $75.1 billion. With a market capitalization of $92.12 billion, Shopify is now the third largest publicly traded Canadian company.

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