Chances are you haven't noticed all the times you used Shopify to buy stuff online. That's quite a feat for a company now estimated to be the second-largest e-commerce platform in the US, edging out eBay and trailing only Amazon. To consumers, Shopify is "virtually invisible," co-founder and CEO Tobi Lütke wrote in a letter to shareholders in 2015, the year Shopify went public. "This," he said, "is by design."
The company's momentum has only accelerated during the pandemic, as online shopping surges and the company strikes new partnerships with companies like TikTok and Walmart. It's a good time to be in the business of e-commerce.
Check out this next:
Trump Banned from Major Social Media Platforms, Pinterest & Shopify Too
President Trump might have to resort to opening a MySpace account to be "online" -- because the guy can't get bandwidth anywhere else right now ... not even on Shopify.
Since then ... even more companies have taken steps to keep their pages Trump-free, including some you never thought the Prez might use, be it posting or consuming.
Twitter's move to boot him for good also came after Facebook/Instagram did something similar ... suspending his account indefinitely, at least until Biden 's inauguration is done.
Bull of the Day: Shopify Inc. (SHOP)
Shopify (SHOP) was one of the big winners in 2020, as businesses raced to boost their online sales during the coronavirus to grow and, in many cases, survive. Investors who missed out on the ride last year shouldn’t be discouraged because the e-commerce age is just getting started.
The Ottawa, Canada-based company’s most basic package starts with a monthly fee of $29 for sellers and a 2.9% transaction fee. SHOP has also continued to partner with influential players within tech and retail from Facebook (FB) to Walmart (WMT).
Shopify takes down Trump's campaign store - The Verge
Ottawa-based Shopify, which helps merchants set up e-commerce operations, saw huge growth during the coronavirus pandemic. On Black Friday, it had more than $5 billion in aggregate sales.
While you're here, how about this:
Shopify closes websites associated with Trump following riots | Fox Business
Shopify has closed websites associated with President Trump following the riots at the U.S. Capitol.
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The website, Trumpstore.com was listed as "unavailable" on Thursday. Ontario-based Shopify helps small businesses set up e-commerce platforms and point-of-sale systems. As of June 2019, more than 1 million small businesses used its platform in more than 175 countries.
Shopify Takes Trump Organization and Campaign Stores Offline - WSJ
TORONTO—Online stores run by the Trump Organization and Trump campaign were taken offline on Thursday by Shopify Inc., an e-commerce software provider, in response to Wednesday's riot at the U.S. Capitol .
Visitors to TrumpStore.com and shop.donaldjtrump.com, which sold official Trump branded apparel, "Make America Great Again" hats and other merchandise, were greeted with error messages on Thursday morning.
Shopify Closes Trump Stores On Its Platform
ANKARA, TURKEY - MAY 5: In this illustration photo taken in Ankara, Turkey, Shopify logo is seen on ... [+] a mobile phone screen, on May 5, 2020. Ercin Top / Anadolu Agency
Shopify, which hosts shops related to Donald Trump, has taken two of them off its platform. One shop was run by his campaign and sold Trump campaign paraphernalia while the other was the personal branded store of the outgoing President (TrumpStore) and run by The Trump organization.
Shopify Permanently Bans Trump's Official Online Stores
Ecommerce platform Shopify has permanently banned two online storefronts selling official Donald Trump merchandise in response to the unprecedented events in Washington on Wednesday .
The sites, Shop.DonaldJTrump.com and TrumpStore.com, were unavailable as of roughly 11 a.m. ET on Thursday.
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Trump's Shopify ban follows similar moves by Facebook and Instagram through the remainder of his presidency. It's a decision CEO Mark Zuckerberg said he made after Trump "[used] his platform to condone rather than condemn the actions of his supporters at the Capitol building."
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