Shopify’s growth has been remarkable:
- $100B+ market cap, Canada’s largest company https://abs.twimg.com/emoji/v2/... draggable="false" alt="🇨🇦" title="Flagge von Kanada" aria-label="Emoji: Flagge von Kanada">
- $70B GMV growing 46% https://abs.twimg.com/emoji/v2/... draggable="false" alt="💰" title="Geldsack" aria-label="Emoji: Geldsack">
- 6X revenue growth over past 5 years https://abs.twimg.com/emoji/v2/... draggable="false" alt="📶" title="Antenne mit Balken" aria-label="Emoji: Antenne mit Balken">
- 1M merchants growing 35% https://abs.twimg.com/emoji/v2/... draggable="false" alt="🏬" title="Kaufhaus" aria-label="Emoji: Kaufhaus">
- Stock returns: +2,350% 5Y, +500% 2Y, +173% 1Y https://abs.twimg.com/emoji/v2/... draggable="false" alt="📈" title="Tabelle mit Aufwärtstrend" aria-label="Emoji: Tabelle mit Aufwärtstrend">
- 6% US eComm share, #2 to Amazon at 38%

- 4,100 apps and 26,400 agencies within its ecosystem
- 14% of sales and over $100M ARR from third-party ecosystem, up from 6% and $24M ARR in Q1’18
- entering point-of-sale to challenge @Square
- Annual net expansion across cohorts as merchants grow
- Valuation = @Uber + @Stripe

More to come from us @Base10Partners on Shopify’s ecosystem

We’ve been lucky to partner with companies in the ecosystem like @wisethenewbank @acquire_io and @tapcart_app and are excited to partner with more.

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