Shopify Development Company India
Shopify is a Canadian multinational e-commerce company and it headquarter is in Ottawa, Ontario. It is also the name of its proprietary e-commerce platform for online stores and the retail point-of-sale of system.
Tobias Lutke is the CEO and co-founder of Shopify, the marquee shopping cart system of the e-commerce industry. As a programmer Tobi has served on the core team of the Ruby on rails framework and has created many popular open-source libraries such as the Typo weblog engine, liquid and Active Merchant.
Bog Commerce is the Shopify’s biggest competitor due to its huge range of a powerful sales features, while Volusion offers great analytics for tracking your store’s data. Woo Commerce is self-hosted, which brings technical challenges but gives you more control.
Shopify makes money via subscription, transaction, payment, and referral fees, hardware sales, commissions and advertising from its app marketplace, commissions from celling themes or facilitating other Website sales, email marketing, logistics services, and many more.
Gross profit dollars grew 50% to $608.9million in the third quarter of 2021, compared with $405.1 million for the third quarter of 2020. Adjusted gross profit dollars grew 49% to $616.4 million in the third quarter of 2021, compared with $412.6million for the third quarter of 2020.
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