Shopify generated around ************* U.S. dollars in total revenues in the fiscal year ending December 31st, 2023. Shopify's total revenue grew rapidly over the measured period, increasing by more than ************ since 2015. Shopify's evolution: From snowboard retailer to e-commerce powerhouse Shopify was founded in 2006, with the original purpose of being an online store selling snowboarding equipment. However, the founders quickly realized that the platform itself had more potential than the snowboarding business. Thus, they shifted focus and launched Shopify as an easy-to-use e-commerce platform for small and medium-sized businesses (SMBs). The company grew rapidly by offering flexible solutions, catering to a wide range of customers, from individual sellers to large enterprises. The revenue of the company reached, in subscriptions solutions alone, over 1,800 billion U.S. dollars worldwide by 2023 and a whopping seven billion in Merchant solutions. The Canadian company experienced exceptional growth, with its market cap rising to over 100 billion U.S. dollars in the same year, however, a decrease if compared to a previous peak two years prior.
Shopify expands YouTube partnership In 2024, Shopify has expanded its partnership with YouTube, allowing eligible Shopify Plus and Advanced sellers in the U.S. to join YouTube’s affiliate program. Through this program, sellers can have YouTube content creators promote their products. Sellers can manage the program, content, and analytics using the Google Merchant Center. Creators can promote products from brands like GoPure Beauty, BK Beauty, and HexClad. Additionally, YouTube is introducing a Chrome extension for creators in the affiliate program, enabling them to tag products in their videos and track potential earnings from promotions.

Shopify reported $2.36B in Sales Revenues for its fiscal quarter ending in March of 2025. Data for Shopify | SHOP - Sales Revenues including historical, tables and charts were last updated by Trading Economics this last July in 2025.

As of January 2025, the United States was the country with the most Shopify online stores by a significant margin, with almost *********** in total. The United Kingdom, Canada and Australia followed on the list, each with more than 100,000 stores respectively. Rounding out the top ten countries for Shopify online stores in January 2025 was Brazil and Italy.

Gain exclusive access to verified Shopify store owners with our premium Shopify Users Email List. This database includes essential data fields such as Store Name, Website, Contact Name, Email Address, Phone Number, Physical Address, Revenue Size, Employee Size, and more on demand. Leverage real-time, accurate data to enhance your marketing efforts and connect with high-value Shopify merchants. Whether you're targeting small businesses or enterprise-level Shopify stores, our database ensures precision and reliability for optimized lead generation and outreach strategies. Key Highlights: ✅ 3.9M+ Shopify Stores ✅ Direct Contact Info of Shopify Store Owners ✅ 40+ Data Points ✅ Lifetime Access ✅ 10+ Data Segmentations ✅ FREE Sample Data

The chart provides an insightful analysis of the estimated sales amounts for Photo & Video Services stores across various platforms. Custom Cart stands out, generating a significant portion of sales with an estimated amount of $4.09B, which is 77.93% of the total sales in this category. Following closely, WooCommerce accounts for $490.48M in sales, making up 9.35% of the total. Shopify also shows notable performance, contributing $410.39M to the total sales, representing 7.83%. This data highlights the sales dynamics and the varying impact of each platform on the Photo & Video Services market.

The chart provides an insightful analysis of the estimated sales amounts for Consumer Electronics stores across various platforms. Custom Cart stands out, generating a significant portion of sales with an estimated amount of $1.22T, which is 94.87% of the total sales in this category. Following closely, Shopify accounts for $28.88B in sales, making up 2.25% of the total. Salesforce Commerce Cloud also shows notable performance, contributing $14.41B to the total sales, representing 1.12%. This data highlights the sales dynamics and the varying impact of each platform on the Consumer Electronics market.

The chart provides an insightful analysis of the estimated sales amounts for Toys & Hobbies stores across various platforms. Salesforce Commerce Cloud stands out, generating a significant portion of sales with an estimated amount of $745.21B, which is 90.35% of the total sales in this category. Following closely, Shopify accounts for $30.21B in sales, making up 3.66% of the total. WooCommerce also shows notable performance, contributing $16.04B to the total sales, representing 1.94%. This data highlights the sales dynamics and the varying impact of each platform on the Toys & Hobbies market.

This chart illustrates the estimated sales amounts generated by stores on various platforms within Netherlands. Custom Cart shows a significant lead, with total sales amounting to $844.67B, which constitutes 91.97% of the region's total sales on platforms. Magento reports sales of $49.24B, accounting for 5.36% of the total platform sales in Netherlands. Shopify also holds a notable share, with its sales reaching $17.11B, representing 1.86% of the overall sales amount. This data provides a comprehensive view of the market dynamics in Netherlands, highlighting which platforms are driving the most sales.

This chart illustrates the estimated sales amounts generated by stores on various platforms within Japan. Custom Cart shows a significant lead, with total sales amounting to $75.85B, which constitutes 47.26% of the region's total sales on platforms. SAP Commerce Cloud reports sales of $37.55B, accounting for 23.40% of the total platform sales in Japan. Shopify also holds a notable share, with its sales reaching $33.00B, representing 20.56% of the overall sales amount. This data provides a comprehensive view of the market dynamics in Japan, highlighting which platforms are driving the most sales.

According to Cognitive Market Research, the global ECommerce Platform Market size is USD 9.3 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031. Market Dynamics of ECommerce Platform Market

Key Drivers of Ecommerce Platform Market

Rapid Digitalization and Smartphone Penetration: Increasing global internet access and the widespread use of smartphones are driving the growth of eCommerce. Consumers now enjoy the convenience of shopping through applications and mobile-optimized websites, compelling platform providers to improve mobile user experience, personalization, and speed.

Rise of Omnichannel Retailing: Retailers are seeking platforms that facilitate the integration of online, offline, mobile, and social commerce. eCommerce platforms that deliver a cohesive customer experience across various touchpoints are experiencing significant adoption, particularly among enterprises that prioritize customer retention and brand consistency.

Integration with AI and Analytics: Features powered by AI, such as recommendation engines, chatbots, dynamic pricing, and predictive inventory, enhance conversion rates and streamline operations. eCommerce platforms that incorporate advanced analytics attract businesses looking to foster smarter decision-making and personalized user engagement.

Key Restrains for Ecommerce Platform Market

Security Concerns and Data Breaches: eCommerce platforms are vulnerable to cyberattacks, phishing attempts, and payment fraud. Protecting sensitive customer information and transactions necessitates ongoing investment in compliance and cybersecurity, which can pose challenges for smaller enterprises.

High Competition and Market Saturation: The proliferation of eCommerce platforms results in intense pricing competition and customer turnover. Achieving differentiation is challenging, particularly for startups that are vying with established competitors such as Shopify, BigCommerce, and Adobe Commerce.

Complex Integration and Scalability Challenges: Businesses frequently encounter difficulties when attempting to integrate eCommerce platforms with ERP, CRM, and logistics systems. Rigid architecture or insufficient API compatibility can hinder scalability, prolonging time to market and escalating the total cost of ownership.

Key Trends in Ecommerce Platform Market

Social Commerce Integration: Ecommerce platforms are incorporating functionalities that enable direct sales through Instagram, Facebook, and TikTok. Shoppable posts, live video commerce, and collaborations with influencers are transforming product discovery and expediting the customer journey.

Headless and Composable Commerce Adoption: Businesses are increasingly opting for modular ecommerce configurations that utilize headless CMS and composable architecture. This movement facilitates quicker deployment, enhanced customization, and smooth integration across various channels while maintaining backend stability.

Sustainability-Driven Commerce Features: Consumers are placing a higher value on eco-friendly brands. Ecommerce platforms are now providing features such as carbon calculators, options for recycled packaging, and filters for sustainable products to meet buyer expectations and support brand ESG initiatives. Introduction of the ECommerce Platform Market

The Ecommerce Platform serves as a digital framework facilitating online transactions, encompassing both goods and services. Its market continues to surge, driven by factors such as rising internet penetration, mobile device adoption, and evolving consumer preferences towards convenient shopping experiences. With an array of offerings including payment solutions, management platforms, and end-to-end services, the sector caters to diverse e-commerce models like B2B and B2C. Amidst rapid digitization across industries such as Beauty & Personal Care, Fashion, and Consumer Electronics, the Ecommerce Platform's dynamic evolution underscores its pivotal role in shaping modern commerce.

This analysis presents a rigorous exploration of financial data, incorporating a diverse range of statistical features. By providing a robust foundation, it facilitates advanced research and innovative modeling techniques within the field of finance.

SHOP:TSX Shopify Inc.

Financial data:

• Historical daily stock prices (open, high, low, close, volume)

• Fundamental data (e.g., market capitalization, price to earnings P/E ratio, dividend yield, earnings per share EPS, price to earnings growth, debt-to-equity ratio, price-to-book ratio, current ratio, free cash flow, projected earnings growth, return on equity, dividend payout ratio, price to sales ratio, credit rating)

• Technical indicators (e.g., moving averages, RSI, MACD, average directional index, aroon oscillator, stochastic oscillator, on-balance volume, accumulation/distribution A/D line, parabolic SAR indicator, bollinger bands indicators, fibonacci, williams percent range, commodity channel index)

Machine learning features:

• Feature engineering based on financial data and technical indicators

• Sentiment analysis data from social media and news articles

• Macroeconomic data (e.g., GDP, unemployment rate, interest rates, consumer spending, building permits, consumer confidence, inflation, producer price index, money supply, home sales, retail sales, bond yields)

Potential Applications:

• Stock price prediction

• Portfolio optimization

• Algorithmic trading

• Market sentiment analysis

• Risk management

Use Cases:

• Researchers investigating the effectiveness of machine learning in stock market prediction

• Analysts developing quantitative trading Buy/Sell strategies

• Individuals interested in building their own stock market prediction models

• Students learning about machine learning and financial applications

Additional Notes:

• The dataset may include different levels of granularity (e.g., daily, hourly)

• Data cleaning and preprocessing are essential before model training

• Regular updates are recommended to maintain the accuracy and relevance of the data

This chart illustrates the estimated sales amounts generated by stores on various platforms within Jordan. WooCommerce shows a significant lead, with total sales amounting to $55.97M, which constitutes 42.93% of the region's total sales on platforms. Custom Cart reports sales of $33.37M, accounting for 25.59% of the total platform sales in Jordan. Shopify also holds a notable share, with its sales reaching $23.24M, representing 17.83% of the overall sales amount. This data provides a comprehensive view of the market dynamics in Jordan, highlighting which platforms are driving the most sales.

This chart illustrates the estimated sales amounts generated by stores on various platforms within Hong Kong. Magento shows a significant lead, with total sales amounting to $160.19B, which constitutes 54.04% of the region's total sales on platforms. Shopify reports sales of $71.52B, accounting for 24.13% of the total platform sales in Hong Kong. Salesforce Commerce Cloud also holds a notable share, with its sales reaching $44.20B, representing 14.91% of the overall sales amount. This data provides a comprehensive view of the market dynamics in Hong Kong, highlighting which platforms are driving the most sales.

In 2022, e-commerce and point-of-sales platform Shopify was estimated to have generated over five billion U.S. dollars in revenues. Content creators' platform OnlyFans followed with annual revenues of 2.5 billion U.S. dollars. Blockchain and social platform BitClout ranked third, with annual revenues of around one billion U.S. dollars. Impact.com, a website for influencers' recruiting and affiliate marketing, saw revenues of 233.6 million U.S. dollars in 2022. From recruiting and brand pairing to AI analysis of content libraries such as in the case of Jellysmack, internet personalities and creators have seen their opportunity for content monetization grow in the last years.

Shopify was the leading e-commerce platform in Denmark as of May 2025. The web-shop had a market share of ** percent and was followed by WooCommerce Checkout, which accounted for ** percent of the market. Around one in ten e-commerce websites used Wix Stores. What do Danes purchase online? Danes' favorite online purchases are clothes, sports, and leisure equipment. Nearly ***** in ten consumers bought these items in 2022, according to a survey. Similarly, over **** of respondents purchased event tickets via the internet. Online food delivery services, like takeout and restaurant-made meals, were also popular amongst online shoppers. A look at Nordic e-commerce Once shoppers returned to in-person stores after the height of the COVID-19 pandemic, e-commerce experienced a decline. In the Nordic countries, retail e-commerce generated roughly ** billion U.S. dollars in revenue in 2022. A decrease of nearly ***** billion euros compared to 2021. Comparing the year-on-year change, e-commerce revenue dropped ** percent between the fourth quarter of 2021 and the fourth quarter of 2022. Despite the current revenue dip, the long-term outlook for the e-commerce market in the Nordics remains positive.

The chart provides an insightful analysis of the estimated sales amounts for Coupons & Discounts stores across various platforms. Custom Cart stands out, generating a significant portion of sales with an estimated amount of $56.50B, which is 93.82% of the total sales in this category. Following closely, Magento accounts for $1.99B in sales, making up 3.31% of the total. Shopify also shows notable performance, contributing $1.04B to the total sales, representing 1.73%. This data highlights the sales dynamics and the varying impact of each platform on the Coupons & Discounts market.

This chart illustrates the estimated sales amounts generated by stores on various platforms within Thailand. Custom Cart shows a significant lead, with total sales amounting to $9.76B, which constitutes 77.20% of the region's total sales on platforms. Salesforce Commerce Cloud reports sales of $1.08B, accounting for 8.57% of the total platform sales in Thailand. Shopify also holds a notable share, with its sales reaching $785.71M, representing 6.21% of the overall sales amount. This data provides a comprehensive view of the market dynamics in Thailand, highlighting which platforms are driving the most sales.

This chart illustrates the estimated sales amounts generated by stores on various platforms within American Samoa. Shopify shows a significant lead, with total sales amounting to $1.00K, which constitutes 100.00% of the region's total sales on platforms. Ecwid reports sales of $0.00, accounting for <0.01% of the total platform sales in American Samoa. Wix also holds a notable share, with its sales reaching $0.00, representing <0.01% of the overall sales amount. This data provides a comprehensive view of the market dynamics in American Samoa, highlighting which platforms are driving the most sales.

In United Arab Emirates, the estimated sales amount across various store categories provides key insights into the market's dynamics. Apparel, as a prominent category, generates significant sales, totaling $48.81B, which is 46.96% of the region's total sales in this sector. Beauty & Fitness follows with robust sales figures, achieving $2.18B in sales and comprising 2.10% of the region's total. Computers contributes a considerable amount to the regional market, with sales of $79.31M, accounting for 0.08% of the total sales in United Arab Emirates. This breakdown highlights the varying economic impacts of different categories within the region, showcasing the diversity and strengths of each sector.

The chart provides an insightful analysis of the estimated sales amounts for Libraries & Museums stores across various platforms. WooCommerce stands out, generating a significant portion of sales with an estimated amount of $2.95B, which is 60.19% of the total sales in this category. Following closely, Custom Cart accounts for $927.25M in sales, making up 18.93% of the total. Shopify also shows notable performance, contributing $407.55M to the total sales, representing 8.32%. This data highlights the sales dynamics and the varying impact of each platform on the Libraries & Museums market.