The market capitalization of e-commerce platform Shopify has increased significantly in recent years, from 2.05 billion U.S. dollars in 2015 to 96.35 billion U.S dollars in 2024. The Canadian company experienced year-on-year growth of 200 percent in consecutive years in 2019 and 2020, leading to its market capitalization peaking in 2021 at 171.57 billion U.S. dollars. This period of huge growth can be partially attributed to mobility restrictions and high street store closures which were implemented around the world during the COVID-19 pandemic, resulting in significant growth across the whole e-commerce industry. Shopify's market capitalization then fell significantly in 2022 as these pandemic-related restrictions were lifted in most regions.
Market capitalization of Shopify from 2015 to 2024 (in billion U.S. dollars)
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Other statistics that may interest you Shopify
Financials
8
- Premium Statistic Total revenue of Shopify worldwide from 2015-2023
- Premium Statistic Shopify's revenue worldwide from 2015-2023, by segment
- Premium Statistic R&D expense of Shopify worldwide from 2015-2023
- Premium Statistic Net income of Shopify worldwide from 2015-2023
- Premium Statistic Quarterly net income of Shopify worldwide 2020-2023
- Premium Statistic Shopify share price on New York Stock Exchange between 2017-2023
- Premium Statistic Shopify market capitalization history 2015-2024
- Premium Statistic Quarterly Gross Merchandise Volume of Shopify 2020-2023
Market shares
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- Premium Statistic E-commerce platforms market share worldwide 2023
- Premium Statistic Market share of online payment processing software on web domains worldwide 2024
- Premium Statistic Shopify and WooCommerce market shares by top websites 2023
- Premium Statistic E-commerce software market share in the U.S. 2023
- Premium Statistic E-commerce software market share in Canada 2024
- Premium Statistic E-commerce software market share in Mexico 2024
- Premium Statistic E-commerce software market share in Brazil 2024
- Premium Statistic E-commerce software market share in the UK 2024
Shopify stores
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- Premium Statistic Number of online stores running on Shopify 2023, by category
- Premium Statistic Number of Shopify stores by number of products sold July 2023
- Premium Statistic Top shipping carriers used by Shopify stores 2024
- Premium Statistic Number of Shopify online stores 2023, by country
- Premium Statistic Monthly downloads of Shop app worldwide 2020-2022
Further related statistics
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- Leading online retailers in Southeast Asia 2020, by monthly visits
- Financial controller salary per annum in banking in Belgium 2020, by experience
- Annual income: auditors in public & charity audit and compliance in London (UK) 2015
- Unique visitors to most popular online retailers in India 2014
- India: leading e-commerce categories 2013, by sales
- Value of global financial assets 1990-2013
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Statistics
- Consumer electronics: Online purchasing in Great Britain 2020, by demographic
- Senior chief financial officer salary per annum in Switzerland 2023
- Leading online retailers in Southeast Asia 2020, by monthly visits
- Financial controller salary per annum in banking in Belgium 2020, by experience
- Annual income: auditors in public & charity audit and compliance in London (UK) 2015
- Unique visitors to most popular online retailers in India 2014
- India: leading e-commerce categories 2013, by sales
- Value of global financial assets 1990-2013
CompaniesMarketCap.com. (March 4, 2024). Market capitalization of Shopify from 2015 to 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 10, 2024, from https://www.statista.com/statistics/1350608/shopify-market-cap-timeline/
CompaniesMarketCap.com. "Market capitalization of Shopify from 2015 to 2024 (in billion U.S. dollars)." Chart. March 4, 2024. Statista. Accessed June 10, 2024. https://www.statista.com/statistics/1350608/shopify-market-cap-timeline/
CompaniesMarketCap.com. (2024). Market capitalization of Shopify from 2015 to 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 10, 2024. https://www.statista.com/statistics/1350608/shopify-market-cap-timeline/
CompaniesMarketCap.com. "Market Capitalization of Shopify from 2015 to 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 4 Mar 2024, https://www.statista.com/statistics/1350608/shopify-market-cap-timeline/
CompaniesMarketCap.com, Market capitalization of Shopify from 2015 to 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1350608/shopify-market-cap-timeline/ (last visited June 10, 2024)
Market capitalization of Shopify from 2015 to 2024 (in billion U.S. dollars) [Graph], CompaniesMarketCap.com, March 4, 2024. [Online]. Available: https://www.statista.com/statistics/1350608/shopify-market-cap-timeline/