Shopify (SHOP) - Market capitalization

Market cap: ₹11.946 Trillion

As of December 2024 Shopify has a market cap of ₹11.946 Trillion. This makes Shopify the world's 107th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.

Market cap history of Shopify from 2015 to 2024

End of year Market Cap

Year	Marketcap	Change
2024	₹11.946 T	43.44%
2023	₹8.328 T	127.94%
2022	₹3.653 T	-71.39%
2021	₹12.770 T	27.07%
2020	₹10.049 T	206.24%
2019	₹3.281 T	206.72%
2018	₹1.069 T	66.88%
2017	₹641.12 B	147.88%
2016	₹258.64 B	89.43%
2015	₹136.54 B

End of Day market cap according to different sources

On Dec 21st, 2024 the market cap of Shopify was reported to be:

₹11.988 Trillion

by Yahoo Finance

₹11.946 Trillion

by CompaniesMarketCap

₹12.005 Trillion

by Nasdaq

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
MercadoLibre MELI	₹7.437 T	-37.74%	🇦🇷 Argentina
Stamps.com STMP	₹522.22 B	-95.63%	🇺🇸 USA
Etsy ETSY	₹544.99 B	-95.44%	🇺🇸 USA
Shoper SHO.WA	₹23.38 B	-99.80%	🇵🇱 Poland

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Market capitalization of Shopify (SHOP)

Market cap: ₹11.946 Trillion