Shopify is a cloud-based, multi-channel commerce platform designed for small and medium-sized businesses.
Shopify Inc. is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario. It is also the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems. Shopify offers online retailers a suite of services “including payments, marketing, shipping and customer engagement tools to simplify the process of running an online store for small merchants.”
The company reported that it had more than 1,000,000 businesses in approximately 175 countries using its platform as of June 2019, with total gross merchandise volume exceeding $41.1 billion for calendar 2018.
E-commerce giant Shopify is taking a big move allowing merchants to sell NFTs to their customers through its platform. The National Basketball Association’s Chicago Bulls will be among the first Shopify merchants to offer NFTs.
In a major move that helps the developer community, Shopify has introduced less commission on developer revenue for both the App Store and the Theme Store. Check out some other updates announced at the Shopify Unite 2021 Conference.
Flexa’s AMP cryptocurrency registered solid gains post the Coinbase listing last week. Flexa’s instant crypto payments technology is gaining traction and acceptance among several brick-and-mortar as well as online retailers.
