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Shopify: quietly moving $30 Billion in sales | Sidebean


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Shopify: quietly moving $30 Billion in sales

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Get ready to hear many million and billion figures in this story, because there is much money at play.

In May 2020, Shopify became the largest Canadian public company when it surpassed the Royal Bank of Canada by raising its market capitalization to $120B.
Shopify stock is publicly traded in the exchange market since 2015. This year, the share price has gone up from $322 in March to the north of $1000 a share these days. That's a massive leap in a short time, and it leaves its valuation at $126B, as of September 2020.
Yeah, talking about Shopify these days is talking about eCommerce hype and hot stocks. They just had the best second quarter of their life and kept growing fast.
Let's look at what's going on with this company and the future of e-Commerce.

Welcome to Company Forensics: Shopify.

#startups #Slidebean #shopify

0:00 - Intro

1:24 - e-Commerce, the new normal
3:05 - Is Shopify overvalued?
5:16 - Shopify going beyond Small Businesses
6:23 - Is Shopify hunting for Amazon?

Read the video transcription + sources: https://slidebean.com/blog/startups-theranos?utm_source=youtube.com&utm_medium=content&utm_campaign=ba-content

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Sidebean makes documentaries about startups, tech, and their impact on society. It is a venture-backed company that helps other startups navigate the complicated road to success. They love to cover stories around business, startups, and tech, trying both to teach and entertain.

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Disclaimer: This podcast is an independently produced audio adaptation of content originally shared by Sidebean. It was created by a fan who appreciates Sidebean’s thoughtful storytelling and wanted to make these ideas more accessible for audio-focused listeners. This is not an official production of Sidebean, nor is it affiliated with or endorsed by the channel. All rights to the original video content belong to Sidebean. If you are a representative of Sidebean and have any questions or requests, please feel free to reach out.

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Keywords: startup analysis, technology news, tech entrepreneurship, tech industry, business podcast, startup journey, startup stories, venture capital

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