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Shopify Partners Ecosystem Generates $32 Billion Revenue

Shopify is fighting the time of trouble with great zeal. After one “wrong bet” that resulted in a 10 percent workforce layoff, the Canada-based e-commerce giant is investing smart in various ventures like Web3, Shopify Capital Australia and Paytm payments gateway partnership. For all these bold decisions, the company was fairly supported by Shopify Partners […]

August 29, 2022
Shopify partners

Photo courtesy: Sajjad Hussain M (Burst)

Shopify is fighting the time of trouble with great zeal. After one wrong bet” that resulted in a 10 percent workforce layoff, the Canada-based e-commerce giant is investing smart in various ventures like Web3, Shopify Capital Australia and Paytm payments gateway partnership.

For all these bold decisions, the company was fairly supported by Shopify Partners ecosystem, who invested their trust and best of their efforts to help the company grow. On Friday, Shopify President Harley Finkelstein revealed in a tweet that Shopify Partners helped his company make a revenue of $32 billion in 2021.

“$32 billion. That’s how much revenue the @ShopifyPartners ecosystem generated in 2021. That’s up 45% from 2020 and nearly 7x Shopify’s 2021 revenue – and we’re proud of their success,” Finkelstein tweeted.

What is Shopify Partner Program?

It is an ecosystem of merchants, app developers, agencies, designers, freelancers and affiliate marketers associated with Shopify. The partners are offered an earning of 20 percent revenue share along with impressive e-commerce solution and product roadmap.

The program allows all partners to join for free, without any trials and offers them a 99.9 percent uptime.

Part of Ecosystem

Jonathan Snow, founder and COO of The Snow Agency, called it a “bulletproof” jacket for Shopify in these times of struggle.

“This is what makes Shopify bulletproof for the long haul. Shopify has become the stickiest platform for sellers, tech partners, and (soon to be) consumers,” Snow said in reply to Finkelstein’s tweet.

“Amazing results. Happy to be a part of this number,” said Vitali, CEO at Mageworx.

Shopify Partners joined in with a tweet from its official handle: “I mean, we don’t want to brag but…”

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Explore relevant tags: e-commerce, Shopify, shopify merchants, Shopify partners

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