What is Shopify?

Shopify is a leading global commerce company, providing 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. (source)

Shopify User Count

Number of Shopify merchants:

1.7 million merchants

Last updated 11/27/21

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Number of Shopify merchants in the UK:

80,000 merchants

Last updated 6/14/20

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Shopify Revenue Totals

Shopify revenue (annual):

• 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

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Shopify Gross Merchandise Volume / GMV (annual):

• 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

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Additional Shopify Statistics

Average monthly unique visitors to Shopify merchant shops:

319 million visitors

Last updated 1/1/20

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Average monthly browsing sessions on Shopify merchant shops:

3.2 billion sessions

Last updated 1/1/20

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Average Shopify orders per month:

65.5 million orders

Last updated 1/1/20

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Number of people that use Shopify Arrive:

16 million consumers

Last updated 4/28/20

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Amount that has been processed by Shop Pay:

$8 billion

Last updated 4/28/20

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Number of Shopify merchant clients:

20,000

Last updated 5/4/16

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Percentage of Shopify merchants that have enabled social selling:

25%

Last updated 2/16/16

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Percentage of Shopify traffic that comes from mobile:

73%

Last updated 2/15/18

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Percentage of Shopify sales that come from mobile:

61%

Last updated 2/15/18

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Number of apps available in the Shopify App Store:

2400 apps

Last updated 9/5/18

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Number of Shopify App Store downloads to date:

7 million

Last updated 8/1/17

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Total amount of sales processed on Shopify to date:

$63 billion 

Last updated 9/5/18

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Number of countries Shopify has merchants in:

175 countries

Last updated 1/1/20

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Shopify merchant geographical distribution:

• US: 52%
• UK: 7%
• Canada: 6%
• Australia: 6%
• Rest of World: 29%

Last updated 1/1/20 (source)

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Number of people that actively use the Shopify backend platform:

1.2 million people

Last updated 8/1/17

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Amount that Shopify Capital has advanced to date:

$130 million

Last updated 10/31/17

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Number of Shopify employees:

3,000

Last updated 9/5/18

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Recent Shopify News

Here are some recent Shopify news articles. We update company news daily, as it breaks, so be sure to check back often for the latest.

• Shopify targets influencers with new link-in-bio tool Linkpop, 03/23/2022
• Shopify acquires shipping logistics startup Deliverr for $2.1B, 05/16/2022
• Shopify CEO says he’d be fine with Amazon launching a direct rival to his company, 12/24/2021
• Microsoft Bing + Shopify integration is now live!, 12/22/2021
• Shopify steps up China expansion through tie-up with e-commerce giant JD.com, 01/19/2022
• Shopify CEO on Earnings, Future Outlook, 02/21/2022

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Please note that some of these numbers are easier to find than others. A few of these Shopify 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%.

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