Shopify Statistics and User Count for 2024
Last Updated on: November 23rd, 2024
Here are a few of the most interesting Shopify statistics and facts I was able to dig up including restaurant count, revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
Shopify Facts
Here is pretty much everything you ever wanted to know about Shopify.
- Website: Official Website
- Year Founded: 2004
- Founder(s): Tobias Lütke, Daniel Weinand, Scott Lake
- App Download (iOS)
- App Download (Android)
Shopify is a leading e-commerce platform that allows businesses to create and manage their online stores. It was founded in 2006 by Tobias Lütke, Scott Lake, and Daniel Weinand and is based in Ottawa, Canada. Shopify provides a comprehensive set of tools and services that enable entrepreneurs and businesses of all sizes to sell products and services online.
With Shopify, users can easily set up and customize their online stores without extensive technical knowledge or coding skills. The platform offers a wide range of professionally designed templates and themes, which can be customized to match a brand’s unique look and feel. It also provides a user-friendly interface for managing inventory, processing orders, and tracking sales.
Shopify offers various features and functionalities to support e-commerce businesses, including secure payment processing, flexible shipping options, customer analytics, marketing tools, and integration with popular third-party applications. The platform also provides a seamless mobile experience, allowing businesses to reach customers on smartphones and tablets.
In addition to its core e-commerce platform, Shopify offers additional services and products to enhance the online selling experience. This includes Shopify Payments, which provides a streamlined payment processing solution, and Shopify POS (Point of Sale), which enables businesses to sell products in physical retail locations.
Shopify has gained popularity and a strong reputation among entrepreneurs and businesses due to its user-friendly interface, scalability, and extensive range of features. It has empowered countless individuals and companies to start and grow their online businesses successfully.
Shopify History
- 2004: Tobias Lütke and Scott Lake launch Snowdevil, an online store for snowboarding equipment. Dissatisfied with existing e-commerce solutions, Lütke builds a custom platform using Ruby on Rails.
- 2006: The Snowdevil platform evolves into Shopify, officially launched to the public.
- 2009: Shopify introduces an Application Programming Interface (API) and the Shopify App Store, enabling developers to create and sell custom applications for Shopify stores.
- 2010: Shopify releases a free mobile app on the Apple App Store, allowing store owners to manage their businesses from iOS devices.
- 2013: Shopify launches Shopify Payments in partnership with Stripe, allowing merchants to accept payments directly without third-party gateways.
- 2015: Shopify goes public, listing on the New York Stock Exchange and Toronto Stock Exchange under the symbols “SHOP” and “SH,” respectively.
- 2017: Shopify announces integration with Amazon, enabling merchants to sell on Amazon directly from their Shopify stores.
- 2018: Shopify opens its first physical space in Los Angeles, offering educational classes, coworking space, and workshops for business owners.
- 2019: Shopify launches Shopify Studios, a full-service television and film content and production house focused on entrepreneurial stories.
- 2020: Shopify introduces “Shop,” a mobile shopping assistant app that offers personalized product recommendations and streamlined checkout experiences.
- 2021: Shopify partners with JD.com to help U.S. merchants sell products in China, expanding its international reach.
- 2022: Shopify launches “Linkpop,” a link-in-bio tool with built-in e-commerce features, catering to social media influencers and creators.
- 2023: Shopify sells its logistics business to Flexport and lays off approximately 20% of its workforce to refocus on its core e-commerce platform.
Shopify Statistics
Shopify User Count
Number of Shopify merchants:
Number of Shopify merchants in the UK:
Shopify Revenue Totals
Shopify revenue (annual):
- 2023: $7.1 billion
- 2022: $5.6 billion
- 2021: $4.611 billion
- 2020: $2.929 billion
- 2019: $1.587 billion
- 2018: $1.073 billion
- 2017: $673.3 million
- 2016: $389.3 million
- 2015: $205.2 million
- 2014: $105 million
Shopify Gross Merchandise Volume / GMV (annual):
- 2023: $235.9 billion
- 2022: $197.2 billion
- 2021: $175.36 billion
- 2020: $119.6 billion
- 2019: $61.1 billion
- 2018: $41.1 billion
- 2017: $26.3 billion
- 2016: $15.4 billion
- 2015: $7.7 billion
- 2014: $3.8 billion
Additional Statistics
Average monthly unique visitors to Shopify merchant shops:
Average monthly browsing sessions on Shopify merchant shops:
Average Shopify orders per month:
Number of people that use the Shopify Shop app:
Amount that has been processed by Shop Pay:
Percentage of Shopify traffic that comes from mobile:
Percentage of Shopify sales that come from mobile:
Number of apps available in the Shopify App Store:
Total amount of sales processed on Shopify to date:
Number of countries Shopify has merchants in:
Shopify merchant geographical distribution:
- US: 52%
- UK: 7%
- Canada: 6%
- Australia: 6%
- Rest of World: 29%
Number of Shopify employees:
Please note that some of these numbers are easier to find than others. A few of these statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.
Related Categories:
