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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]
In April 2017, Shopify announced the checkout feature called Shopify Pay. [5] Later that same year, the company announced a new package tracking app, Arrive, which tracked customer orders from brands on the platform and other online shopping sources.
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The company was founded in 2013 by Victor Helgeland and Ed Hallen. [9] Both Bialecki and Hallen had previously worked at Applied Predictive Technologies. [8]In August 2022, e-commerce company Shopify announced it was making Klaviyo the recommended email solution partner for its Shopify Plus merchant platform, with a US$100,000,000 strategic investment into the company.
Shopify (NYSE: SHOP) seeks to be the one-stop shop for businesses of all sizes to create a web presence that helps build a successful retail company. 2 Brilliant Growth Stocks to Buy Now and Hold ...
In May 2023, Shopify sold its logistics service to Flexport in exchange for 13% of the company. [14] Clark resigned in September 2023 after one year in the role to founder and then executive chair Ryan Petersen. [15] Ryan Petersen regained the CEO position after the departure of Clark. [16]