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Vikas Acharya
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Medial • 2m

Shopify: Democratizing E-Commerce Founded in 2006 by Tobias Lütke and Scott Lake, Shopify began as a tool to help small businesses create online stores. Key Strategies: Empowering Entrepreneurs: Shopify offered an intuitive platform, enabling anyone to start and scale an e-commerce business. Ecosystem Expansion: Shopify's app store and integrations allowed businesses to customize their stores. Investing in SMEs: Programs like Shopify Capital provide funding to small businesses. Partnerships: Collaborating with platforms like Facebook and Google helped merchants increase visibility. Results: Shopify became a cornerstone of e-commerce, with over 4.5 million merchants and a market cap exceeding $50 billion by 2023.

0 replies2 likes

Recommendations from Medial

Vishu Bheda
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Medial • 4m

He wanted to start a small snowboarding shop. He accidentally built a $200 Billion company instead. Now Beyonce, MrBeast and Kylie Jenner can't live without his product. The wild story of Tobias Lütke: Meet Tobias Lütke. • Co-founder and CEO of

15 replies45 likes

Havish Gupta

Figuring Out • 9m

How an Snowboarding Gear Online store became an Drop Shipping king! In 2004, Tobias Lütke and Scott Lake faced a problem, they couldn’t find a good e-commerce platform to buy or sell their snowboarding gear online So Lütke built their own solution

0 replies4 likes

Anonymous

Hey I am on Medial • 10m

Can do dropshiping or e commerce in shopify ? Which is safe and trust worthy

2 replies2 likes

Keshav Tayal

Founder & CEO, YourW... • 11d

I am building something in the e-commerce space and looking to connect with agencies and freelancers who have experience building e-commerce stores. Would love to have a chat!

1 replies4 likes

Vishu Bheda
•

Medial • 1m

Shopify founder explains what the VCs who passed on Shopify got wrong When Tobi Lütke pitched Shopify to investors, they said no. They thought the market was too small—only 40,000-50,000 online stores existed then. Even if Shopify captured half,

8 replies18 likes

Payal Manghnani

#uiux designer #free... • 4d

There are numerous SaaS (Software as a Service) products that people and businesses frequently purchase. Part 1 Here are some popular categories and examples: 1. Productivity and Collaboration Tools Slack: Messaging platform for teams. Notion:

0 replies4 likes

Nawal

Down , Not Out • 1m

Indian businesses work on cannibalism, everyone eats each other and the government is just concerned about tax collection.there is no concept of business protection. Brick and mortar retailers were eaten by e commerce and e commerce will be eaten by

7 replies8 likes

Ashish Kumar

COO of Dnpix.in • 1m

The Hidden Cost of Convenience E-commerce has revolutionized shopping, But at what cost?????? • Small shopkeepers, the backbone of our local economy, face tough challenges from online giants. With their deep discounts and vast resources. • These

0 replies3 likes

Vishu Bheda
•

Medial • 3d

𝗦𝗵𝗼𝗽𝗶𝗳𝘆 𝗙𝗼𝘂𝗻𝗱𝗲𝗿 𝗧𝗼𝗯𝗶 𝗟ü𝘁𝗸𝗲 𝗘𝘅𝗽𝗼𝘀𝗲𝘀 𝘁𝗵𝗲 𝗖𝗼𝘀𝘁𝗹𝘆 𝗠𝗶𝘀𝘁𝗮𝗸𝗲 𝗩𝗖𝘀 𝗠𝗮𝗱𝗲 𝗪𝗵𝗲𝗻 𝗧𝗵𝗲𝘆 𝗣𝗮𝘀𝘀𝗲𝗱 𝗼𝗻 𝗦𝗵𝗼𝗽𝗶𝗳𝘆 When Tobi Lütke pitched Shopify to investors, they walked away. Their reason? The

9 replies32 likes

Jainam Dedhia

Attending Ramniranja... • 4m

The report "Launching Online: An Analysis of E-Commerce Barriers and Platform Selection," authored by Jainam Dedhia and co-authors, examines the challenges faced by startups entering the e-commerce space. It highlights barriers such as technical diff

0 replies1 like