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Tobias "Tobi" Lütke MSC is a German/Canadian entrepreneur who is the co-founder and CEO of Shopify, an e-commerce company based in Ottawa, Ontario, Canada. He has been part of the core team of the Ruby on Rails framework and has created open source libraries such as Active Merchant. As of 2022, he was the 11th richest Canadian.
Shopify is the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems. The Shopify platform offers online retailers a suite of services, including payments, marketing, shipping and customer engagement tools. As of 2023, Shopify hosts 4.6 million stores across 175 countries.
Shopify's revenue grew by a healthy 23% year over year to $1.9 billion as more small businesses and merchants signed up for its online storefront solutions. But net income fell from $75 million to ...
In August 2022, e-commerce company Shopify announced it was making Klaviyo the recommended email solution partner for its Shopify Plus merchant platform, with a US$100,000,000 strategic investment into the company. In May 2023, Klaviyo filed for an initial public offering (IPO) for a listing at the New York Stock Exchange.
Warnings from Shopify and Roblox that growth in the back half of 2024 might be a bit lighter. The Trade Desk 's relative strength in a tough earnings environment. Airbnb bracing for some travel...
Amazon.com, Inc., is an American electronic commerce and cloud computing company headquartered in Seattle, Washington. Founded by Jeff Bezos on July 5, 1994, as an online bookstore, Amazon went public after an initial public offering on May 15, 1997, during the midst of the dot-com bubble. [1] The funds gained from the IPO allowed Amazon to ...
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