Yesterday we announced Shopify hit one million merchants. I asked my team to figure out what that actually meant on a global scale and impact to the economy. Here are some of my favourite stats:
Shopify merchants contribute billions to the global economy and are a significant percentage of the internet GDP
We're reversing the era of consolidation
The future is borderless commerce. Small businesses becoming global businesses much faster than ever before
The sales growth of Shopify merchants is more than double that of the entire global ecommerce market
We’re creating millions of jobs around the world. 1.4m people work full time on Shopify businesses
As a proud Canadian company, we invest heavily at home. Shopify's R&D spend made up nearly 9% across our sector in Canada. Nine. Percent
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