What is Shopify? And insight to their history

1. What is Shopify? And insight to their history Shopify is simply a Fully Hosted E-commerce Platform that allows you to download apps and create websites that sell online products with minimal fuss. This means you no longer have to have separate website hosting, payment integrations and website content management systems. Shopify will do it all for you; You just need to drive customers to your website and find your products and service to sell. Shopify was established in 2004 by Tobias Lütke, Daniel Weinand, and Scott Lake in the wake of endeavouring to open Snowdevil, an online store for snowboarding hardware. Unsatisfied with the current web based business items available, Lütke, a PC developer in terms of professional career, chosen to construct his own. Lütke utilized the open source web application system Ruby on Rails to manufacture Snowdevil's online store, and launched it following two months of development. The Snowdevil authors launched the stage as Shopify in June 2006. In June 2009, Shopify launched an API stage and App Store. The API enables designers to make applications for Shopify online stores and afterward offer them on the Shopify App Store. Several organizations have created applications that coordinate with the Shopify platform. In April 2010, Shopify launched a free portable application on the Apple App Store in May 2010. The application gives Shopify a chance to store proprietors see and deal with their stores from iOS portable devices. In 2010, Shopify began its Build-A-Business rivalry, in which members make a business utilizing its trade platform. The victors of the opposition get money prizes and mentorship from business visionaries, for example, Richard Branson, Eric Ries and others. Shopify was likewise named Ottawa's Fastest Growing Company by the Ottawa Business Journal in 2010. The organization got $7 million from an underlying Series a financing round in December 2010. Its Series B subsidizing round created $15 million in October 2011. In February 2012, Shopify gained Select Start Studios Inc, a portable programming designer, alongside 20 of the organization's versatile architects and designers. In August 2013, Shopify procured Jet Cooper, a 25-man plan studio situated in Toronto. Shopify also declared the dispatch of Shopify Payments, which enabled vendors to acknowledge Visas without requiring an outsider installment entryway. The organization likewise reported the dispatch of an iPad-driven POS framework. It utilizes an iPad to acknowledge installments from MasterCard’s. The organization got $100 million in Series C subsidizing in December 2013. By 2014, the stage facilitated around 120,000 online retailers, and was recorded as #3 in Deloitte's Fast50 in Canada, and in addition #7 in Deloitte's Fast 500 of North America. Shopify earned $105 million in income in 2014, twice as much as it raised the earlier year. On April 14, 2015, Shopify petitioned for an IPO on the New York Stock Exchange and Toronto Stock Exchange under the images "SHOP" and "SH" separately. Shopify opened up to the world on May 21, 2015, and in its presentation on the New York Stock Exchange, Shopify began exchanging at $28, over 60% higher than its USD$17 offering cost, with its IPO raising more than $131 million. In today’s date, there are many shopify experts / shopify developers in India who provide these services to easily build an e-commerce store/website.