The launch of the Shopify IPO on the NYSE is a leap forward and a testimony tothe high quality of the Canadian technology sector. In its first trading day, Shopify was oversubscribed by 51%
As a solution-focused company, for us it’s a day of pride and tribulations to see a fellow technology company launching a successful IPO on one of the world’s greatest trading desks, Shopify, that started with humble beginnings, is one of the latest IPO’s to hit the market that is both tech, and Canadian. As a Canadian company Shopifys IPO success is a testimony to Canada being a breeding ground for world-class software companies. Shopifys and its solutions are not new to the industry, but the culmination of the right solution at the right time and a lot of hard work is evident from their success. Today, Shopify’s ecommerce platform serves the needs of over 165,000 merchants.