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October 07, 2015 6:16 PM ET

Internet Software and Services

Company Overview of Shopify Inc.

Company Overview

Shopify Inc. provides a cloud-based commerce platform for small and medium-sized businesses. Its platform provides merchants with a single view of their business and customers in various sales channels, including Web, tablet and mobile storefronts, social media storefronts, and brick-and-mortar and pop-up shops; and enables them to manage products and inventory, process orders and payments, build customer relationships, and leverage analytics and reporting. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was founded in 2004 and is headquartered in Ottawa, Canada.

150 Elgin Street

8th Floor

Ottawa, ON K2P 1L4


Founded in 2004

780 Employees



Key Executives for Shopify Inc.

Shopify Inc. does not have any Key Executives recorded.

Shopify Inc. Key Developments

Shopify Inc. Launches its New Credit Card Reader

Shopify Inc. announced the launch of its new credit card reader that will allow Shopify merchants in the U.S. to securely accept chip and pin, tap, and swipe credit and debit cards as well as contactless payment technologies like Apple Pay. The new card reader is designed for Shopify POS, the company's iPad and iPhone point of sale system used by merchants in retail and pop up stores. Ordering the new credit card reader will allow merchants to prepare for the credit card industry's October 1, 2015 EMV liability shift. Shopify is currently accepting pre-orders, with card readers to ship in fourth quarter 2015. All U.S.-based merchants that pre-order the new card reader will be enrolled in Shopify's Liability Shift Protection Program. This protection program covers merchants against fraudulent chargebacks made using Shopify's existing swipe credit card reader until the new card reader is received.

Shopify Inc. Introduces Shopify Shipping

Shopify Inc. announced the launch of Shopify Shipping. Merchants can now easily buy and print discounted shipping labels directly within the Shopify platform. It integration with USPS represents the first step towards improving shipping for Shopify’s 175,000+ merchants. With the introduction of Shopify Shipping, merchants buying shipping labels through Shopify will receive preferred USPS rates that are up to 60% off retail rates.

Shopify Introduces the Shop Section on Facebook Pages to Small and Medium-Sized Businesses

Shopify Inc. has partnered with Facebook to enable Shopify merchants to showcase and sell their products in the new Shop section on Facebook Pages. Shopify’s 175,000+ merchants will be able to create Shop sections over the coming weeks, making it easier for visitors to their Facebook Page to discover what they have to offer. Merchants then can choose to direct shoppers to their online store or to checkout directly on the Facebook site or mobile app.

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