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Deciding between Amazon and Shopify There are valid arguments for investing in either of these companies. Shopify's 26% year-over-year Q3 revenue increase was faster than Amazon's 11% growth.
Looking at total spending from its e-commerce merchants, Shopify is estimated to have more than 10% market share of e-commerce sales in the United States, while Amazon's is around 40%.
For now, Amazon remains a far larger company, boasting a market cap of over $2.2 trillion versus Shopify's market cap of approximately $140 billion. Shopify (NYSE: SHOP) stock may have finally ...
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Shopify is the name of its proprietary e-commerce platform for online stores and retail POS (point-of-sale) systems. The platform offers retailers a suite of services, including payments, marketing, shipping and customer engagement tools. [3] As of 2024, Shopify hosts 5.6 million active stores across more than 175 countries. [4]
Amazon.com, Inc., [1] doing business as Amazon (/ ˈ æ m ə z ɒ n / ⓘ, AM-ə-zon; UK also / ˈ æ m ə z ə n /, AM-ə-zən), is an American multinational technology company engaged in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. [5]
Amazon employs more than 1.5 million people, while Shopify has less than 10,000 employees. In other words, the former runs a heavy business model (with huge assets and human capital), but the ...
Amazon is also in the process of building a retail hub of operations center in Nashville, Tennessee. On August 21, 2019, Amazon opened its largest campus in the world at Nanakramguda in Hyderabad, India. It is the first Amazon-owned campus located outside the United States and features the single largest Amazon-owned building in the world.
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