Shopify is a cloud-based, multi-channel commerce platform designed for small and medium-sized businesses.
Shopify Inc. is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario. It is also the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems. Shopify offers online retailers a suite of services “including payments, marketing, shipping and customer engagement tools to simplify the process of running an online store for small merchants.”
The company reported that it had more than 1,000,000 businesses in approximately 175 countries using its platform as of June 2019, with total gross merchandise volume exceeding $41.1 billion for calendar 2018.
The collaboration between Affirm and Walmart is expected to increase the purchasing power during the end-of-year festive season as more shoppers can pay over time.
World ID Apps allow users to verify accounts and apply a verification status similar to the blue checkmark used on some social media platforms.
BlackRock and Alliance Bernstein LP are both willing to buy an aggregate of $100 million worth of Klaviyo’s IPO shares.