project

Shopify Development

Shopify is a leading provider of essential internet infrastructure for commerce, offering trusted tools to start, grow,market, and manage a retail business of any size. Shopify makes commerce better for everyone with a platform and services that are engineered for reliability, while delivering a better shopping experience for consumers everywhere. Proudly founded in Ottawa, Shopify powers millions of businesses in more than 175 countries and is trusted bybrands such as Allbirds, Gymshark, Heinz, Tupperware, FTD, Netflix, FIGS, and many more.

The company reported that it had more than 1,700,000 businesses in approximately 175 countries using its platform as of May 2021.According to BuiltWith, 1.58 million websites run on the Shopify platform as of 2021. According to W3Techs, 4.4% of the top 10 million websites use Shopify.[9] The total gross merchandise volume exceeded US$61 billion for calendar 2019.[10] As of July 2022, Shopify is among the top 20 largest publicly traded Canadian companies by market capitalization. Total revenue for the full year 2021 was US$4.611 billion.

Esports

In February 2021, Shopify announced that the company has formed an esports organization called Shopify Rebellion, and put together a professional StarCraft II team to compete in international tournaments. The team members include former 2016 world champion Byun Hyun-woo as well as Sasha Hostyn.

Last-mile logistics

In April 2021, Shopify made its first entry in last-mile logistics by investing in Swyft, a Toronto-based digital logistics startup. As part of a Series A round of funding, a total of $17.5 million was raised for Swyft, co-led by Inovia Capital and Forerunner Ventures with participation from Shopify.

Criticism

In 2017, the #DeleteShopify hashtag campaign called for a boycott of Shopify for allowing Breitbart News to host a shop on its platform. Shopify's CEO, Tobias Lütke, responded to the criticism, saying "refusing to do business with the site would constitute a violation of free speech"

In October 2017, Citron Research founder, short-seller Andrew Left released a detailed report which described the e-commerce platform as a "get-rich-quick" scheme in contravention of Federal Trade Commission regulations. The day the report was released, the stock plunged more than 11%. The main question he posed was "Outside the roughly 50,000 verifiable merchants working with Shopify, who are the other 450,000 the company says it has?" Third-party marketing tactics were expected to be improved. Left was quoted in 2019 by The Street as saying about Shopify "I still think they are best in class".

Legal affairs

In December 2021, a group of publishers including Pearson Education, Inc., Macmillan Learning, Cengage Learning, Inc., Elsevier Inc., and McGraw Hill sued Shopify claiming that it had failed to remove listings and stores selling pirated copies of their books and learning materials.

Data breach

In September 2020, Shopify confirmed a data breach in which customer data from fewer than 200 merchants was stolen. One of those merchants later said over 4,900 of their customers alone had had their information accessed. Shopify claims that the data stolen included names, addresses and order details, but not "complete payment card numbers or other sensitive personal or financial information." The company also claims that no evidence has proven that the data has been used. Shopify identified two "rogue members" of its support team to be responsible. The employees in question have been fired and the matter has been forwarded to the FBI.

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