Shopify Competitors and Similar CompaniesClear all
Shopify's competitors and similar companies include VTEX and ChannelAdvisor.
 Shopify Shopify (formerly known as Jaded Pixel Technologies) is a company that develops an e-commerce platform. |  ChannelAdvisor ChannelAdvisor is a company that provides cloud-based e-commerce solutions for brands and retailers. | ||
Founding Date | Founding Date 2006 | Founding Date 2000 | Founding Date 2001 |
Type | Type Public | Type Public | Type Subsidiary |
Tags | |||
Locations | Locations Ottawa, CA HQ Dublin, IE Vilnius, LT Singapore, SG New York, US | Locations London, GB HQ Buenos Aires, AR João Pessoa, BR Recife, BR Rio De Janeiro, BR São Paulo, BR Santiago, CL see more | Locations Morrisville, US HQ Docklands, AU Paris, FR Limerick, IE Madrid, ES London, GB |
Employees | Employees 8,100 | Employees 1,368 | Employees 2523% decrease |
Valuation ($) | Valuation ($) 104 b | Valuation ($) 1.3 b | Valuation ($) N/A |
Financial | |||
Revenue (est.) | Revenue (est.) $11.6b (FY, 2025) | Revenue (est.) $240.5m (FY, 2025) | Revenue (est.) $167.7m (FY, 2021) |
Cost of goods | Cost of goods $6b (FY, 2025) | Cost of goods $50.9m (FY, 2025) | Cost of goods $38.2m (FY, 2021) |
Gross profit | Gross profit $5.6b (FY, 2025) | Gross profit $189.6m (FY, 2025) | Gross profit $129.5m (FY, 2021) |
Net income | Net income $1.2b (FY, 2025) | Net income $20m (FY, 2025) | Net income $47.2m (FY, 2021) |
Operating ⚠ | |||
Countries | Countries 175 (FY, 2023) | Countries 45 (Feb, 2021) | Countries N/A |
Customers | Customers N/A | Customers 2.4 k (FY, 2021) | Customers 2.6 k (FY, 2019) |
Gross Merchandise Volume | Gross Merchandise Volume $60.9b (Q1, 2024) | Gross Merchandise Volume $7.5b (FY, 2020) | Gross Merchandise Volume N/A |
Funding | |||
Total funding raised | Total funding raised $ 122.3m | Total funding raised $ 365m | Total funding raised $ 75m |
For sources of this data, please see the company profile
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VTEX
HQ
London, GB
Employees
1,368
VTEX is a company that develops an enterprise digital commerce platform.
View companyChannelAdvisor
HQ
Morrisville, US
ChannelAdvisor is a company that provides cloud-based e-commerce solutions for brands and retailers.
View company