Citation
Annual Report, Form 10-K, Fiscal Year 2022
TL;DR
Integrated payments (Shopify Payments) and fulfillment
Primary source for Shopify case study: 2+ million merchants, $196 billion GMV, integrated payments and fulfillment. Supports convergence analysis with MercadoLibre.
Key Findings from Inc. (2023)
- 2+ million merchants
- $196 billion GMV in 2022
- $5.6 billion revenue
- Integrated payments (Shopify Payments) and fulfillment