All Brands Owned by Shopify Inc.

What does Shopify own?
Shopify Inc. owns and operates the Shopify commerce platform, which enables merchants to sell products online, in-person, and across multiple channels. The platform includes Shopify Plus for enterprise merchants, Shopify Payments for payment processing, Shopify Capital for merchant financing, Shopify Shipping for discounted shipping, Shopify Markets for cross-border commerce, and Shopify POS for physical retail. Shopify also holds a stake in Flexport, the logistics company, following the sale of its fulfillment network in 2023.

Is Shopify publicly traded?
Yes, Shopify Inc. is listed on both the New York Stock Exchange and the Toronto Stock Exchange under ticker SHOP. The company went public in May 2015 at an initial price of $17 per share. Shopify operates a multi-class share structure in which co-founder and CEO Tobias Lutke holds a Founder Share giving him approximately 40% voting control, regardless of his economic ownership percentage. Major institutional shareholders include Vanguard Group, BlackRock, and Baillie Gifford.

Who founded Shopify?
Shopify was founded in 2006 by Tobias Lutke, Daniel Weinand, and Scott Lake in Ottawa, Ontario, Canada. Tobias Lutke, a German-born software developer, built the original Shopify platform after becoming frustrated with existing e-commerce software while attempting to build an online store for snowboarding equipment. Lutke continues to serve as CEO of Shopify. Daniel Weinand and Scott Lake are no longer active in the company's day-to-day operations.

What is Shopify's revenue?
Shopify reported FY2025 total revenue of $8.9 billion, with Q4 2025 revenue of $3.7 billion. Subscription Solutions contributed approximately $1.8 billion and Merchant Solutions contributed approximately $7.1 billion. The company's gross merchandise volume, the total value of transactions processed on the platform, is estimated at over $300 billion annually. Revenue growth in FY2025 was driven by increased merchant adoption, higher transaction volumes, and international expansion.

How many merchants use Shopify?
Shopify's platform is used by over 1 million merchants across more than 175 countries. The company serves merchants ranging from individual entrepreneurs and small businesses to major enterprise retailers through its Shopify Plus tier. Shopify processes hundreds of billions of dollars in gross merchandise volume annually across all merchants on its platform.

Who owns Shopify?
Shopify Inc. is publicly traded on the NYSE and TSX, with shares held by institutional investors and public shareholders. Co-founder and CEO Tobias Lutke holds a Founder Share that gives him approximately 40% voting control over the company, regardless of his economic ownership percentage. This multi-class share structure gives Lutke effective control over Shopify's strategic direction. No other single shareholder holds a comparable level of voting control.