Shopify, headquartered in Ottawa, provides a cloud-based commerce platform for small and medium businesses, employing 8,300 people and operating in 175 countries since its IPO on May 21, 2015. The platform offers integrated tools for managing sales across various channels, enhancing the retail experience for merchants and consumers alike.
SHOP has been in the news recently: Opendoor Technologies, Inc. appointed Kaz Nejatian, a former Shopify executive, as its new CEO, leading to a significant rise in its stock price. Under Nejatian's leadership, Opendoor's stock increased by over 400% this year, reaching a 52-week high.
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