Ottawa firm says that as of Aug. 1 it won't take any share of the first $1 million in revenue developers make every year on products they design for the company's software.
Backbone Angels is among the investors in T.O.-based firm's $1.7-million seed round.
E-commerce trend will continue 'well beyond pandemic,' Finkelstein says as Shopify reports record Q1 profit
Ottawa e-commerce giant said net income soared to US$1.26 billion in the first three months of 2021, up from the US$31.4-million net loss it reported for the same period last year.
Ottawa-based company confirms it is subleasing up to 100,000 square feet of space previously occupied by the e-commerce software giant in Performance Court.
Long-serving C-suite leaders are expected to end their lengthy tenures with the Ottawa-based e-commerce company in June.
Ottawa-based e-commerce company said it terminated stores affiliated with the U.S. president because his actions contravened Shopify's policies.
E-commerce giant plans to sublease its signature space at Performance Court and consolidate its downtown Ottawa office footprint at a building on nearby Laurier Avenue.
Shares in Ottawa-based firm ended the week at an all-time high of more than $1,200 on the Toronto Stock Exchange.
E-commerce giant Shopify said Tuesday it has raised nearly $1.5 billion after selling more than 2.1 million class-A shares.
Less than a week after launching a new mobile shopping app aimed at drumming up business for local merchants, Shopify has unveiled a revamped point-of-sale system.