Five things to know about Shopify as it goes public


By: Sean Silcoff.

Shopify Inc. is set to start trading this week, in what could be the first in a series of high-profile public offerings from Canadian tech firms. Here’s what you need to know about the Ottawa-based company.

What is Shopify?

Shopify offers a platform through which small and medium-sized businesses can establish and develop their retail operations. Its cloud-based software allows retailers to manage a range of store functions – such as transactions, inventory and accounting – across all of their sales channels, from digital stores to brick-and-mortar shops. As of March 31, it had more than 162,000 merchants using its platform in roughly 150 countries.

Read more at The Globe and Mail

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