Company Directory - Shopify
Company Details - Shopify
Shopify
WebsiteOttawa, Canada
Shopify is an e-commerce platform that allows individuals and businesses to create their own online stores and retail point-of-sale systems. It provides tools for businesses to manage and sell products, track inventory, process payments, and analyze sales data.
CCI Score
CCI Score: Shopify
-20.71
0.08%
Latest Event
Shopify directs AI adoption across departments
Amid a broader tech industry trend highlighted by recent decisions at companies like CrowdStrike, Box, and Duolingo, Shopify's leadership has directed its employees to adopt AI tools across various departments. This move raises concerns from a labor perspective, as rapid AI integration may lead to worker deskilling, increased surveillance, and potential exploitation without adequate safeguards.
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ACCOMPLICE
Shopify is currently rated as an Accomplice.
Latest Events
- MAY072025
Amid a broader tech industry trend highlighted by recent decisions at companies like CrowdStrike, Box, and Duolingo, Shopify's leadership has directed its employees to adopt AI tools across various departments. This move raises concerns from a labor perspective, as rapid AI integration may lead to worker deskilling, increased surveillance, and potential exploitation without adequate safeguards.
- FEB062025
The OpenSecrets profile on Shopify revealed that in the 2024 cycle, the company contributed $114,681 to political campaigns and spent $910,000 on lobbying efforts. This data, sourced from official releases by the FEC and Senate Office of Public Records, indicates Shopify’s engagement in political financing.
-20
Political Contributions and Lobbying Efforts
May 7
Shopify's involvement in political contributions and lobbying, as highlighted by the OpenSecrets profile, demonstrates the company's engagement in influencing political processes. Although the amounts relative to its size might not be extreme, such activities can contribute to a broader pattern of corporate influence that supports policies favoring elite interests, a trend of concern from an anti-fascist perspective.
- DEC312024
A newly filed Lobbying Disclosure Act report revealed that Shopify spent $240,000 on lobbying during Q4 2024. The issues addressed included corporate tax reform for small businesses, enhancement of digital economy initiatives, consumer privacy, and measures to increase competition in credit card routing, suggesting a focus on supporting independent and marginalized business interests.
+10
Political Contributions and Lobbying Efforts
May 7
Shopify's $240,000 lobbying expenditure is aimed at policies that support small business growth, consumer privacy, and competitive market practices. While corporate lobbying can be seen as a tool for undue political influence, in this context, the focus on progressive reforms such as easing barriers for independent businesses and enhancing digital economic frameworks provides a modestly positive impact from an anti-fascist perspective.
Lobbying Update: $240,000 of SHOPIFY INC lobbying was just disclosed
- JUL012024
Shopify’s Acceptable Use Policy, which previously banned hateful content such as Holocaust denial merchandise, was modified in July 2024 to remove the hateful content clause. This change has raised concerns that the platform may now inadvertently enable extremist and hate speech content.
-50
Public and Political Behavior
May 7
The modification in Shopify's policy signals a retreat from strict regulation of hate speech, potentially leaving room for extremist content to proliferate. This undermines broader efforts to protect marginalized communities and resist authoritarian ideologies.
Shopify's free speech ethos tested by Holocaust denial merch | Financial Post
-30
Business Practices and Ethical Responsibility
May 7
By removing the clause that banned hateful content, Shopify's business practice now risks becoming complicit in the spread of extremist content. This change raises ethical issues regarding corporate responsibility to moderate and protect against hate material.
Shopify's free speech ethos tested by Holocaust denial merch | Financial Post
- JAN012024
Shopify hosted a Business of Fashion summit session focusing on labor rights in the global fashion supply chain. The event addressed the impact of the COVID-19 pandemic on garment workers and advocated for improved working conditions and regulatory reforms, highlighting issues such as unsafe working conditions, low wages, and gender-based abuses.
+80
Labor Relations and Human Rights Practices
May 7
By hosting a summit to address labor rights and the adverse conditions in global garment supply chains, Shopify demonstrates a commitment to advancing worker safety, fair labor practices, and regulatory change. This positive action supports anti-authoritarian and progressive labor standards, particularly benefiting economically vulnerable workers in the global south.
- SEP082023
Shopify is significantly expanding its government affairs team in both the U.S. and Europe by recruiting experienced lobbyists from major tech firms, a move aimed at influencing regulatory policies on digital markets and platform regulation. The initiative includes hiring former officials from companies such as Google, Twitter, and Facebook, as well as engaging lobbying firms in Washington and Brussels.
-50
Political Contributions and Lobbying Efforts
May 7
Shopify’s active recruitment of seasoned lobbyists and its considerable lobbying expenditures in both the U.S. and EU indicate a strong strategic push to mold policy outcomes in ways favorable to its business interests. Such efforts, by leveraging political influence to potentially undermine robust regulatory oversight, are concerning from an anti-authoritarian and democratic accountability perspective.
Shopify ramps up lobbying presence in Washington, Brussels as lawmakers take aim at tech
-40
Executive Political Engagement
May 7
The appointment of high-profile executives with strong political and governmental backgrounds — including former officials from significant tech and government roles — further underscores Shopify’s attempt to enhance its executive political engagement. This move increases the firm’s capacity to influence policy debates, which may work against the interests of broader democratic accountability.
Shopify ramps up lobbying presence in Washington, Brussels as lawmakers take aim at tech
- JUL032023
A $130M class-action lawsuit has been filed against Shopify after allegations that, following a 20% workforce reduction, the company breached severance agreements by offering reduced compensation to its outgoing employees.
-70
Labor Relations and Human Rights Practices
May 7
Shopify is accused of undermining worker rights by cutting previously agreed severance packages after eliminating a significant portion of its workforce. This alleged breach of contract highlights poor labor practices which negatively affect workers' livelihoods and fair treatment.
- MAY302023
A class-action lawsuit has been initiated by Samfiru Tumarkin LLP against Shopify, alleging that the company unlawfully reduced severance packages for employees following a nationwide mass layoff that saw 23% of the workforce terminated. The lawsuit claims Shopify reneged on previously agreed severance terms, leaving thousands of affected workers with significantly lower compensation.
-80
Labor Relations and Human Rights Practices
May 7
The lawsuit highlights serious allegations of unjust labor practices, where Shopify is accused of deliberately reducing severance compensation despite initial assurances. This behavior undermines worker rights and fair labor practices, warranting a strong negative score for labor relations and human rights practices.
- MAY302023
A class-action lawsuit alleges that Shopify misled laid off employees by revising severance packages from initially promised amounts to significantly lower sums, raising concerns over fair labor practices amid large-scale layoffs.
-50
Labor Relations and Human Rights Practices
May 7
The lawsuit claims that Shopify breached its severance agreements by reducing the compensation promised to laid off workers, which undermines worker rights and fair labor practices. Such actions are viewed negatively from an anti-fascist, pro-worker perspective as they exploit vulnerable employees during periods of mass layoffs.
Laid off Shopify workers launch class action suit over misleading severance packages
- NOV252022
Shopify has chosen not to remove the Libs of TikTok store from its platform despite the store selling merchandise with hateful slogans that violate its own acceptable use policy. This decision has raised concerns about the company’s commitment to enforcing policies against hate speech and its role in potentially normalizing extremist rhetoric.
-80
Business Practices and Ethical Responsibility
May 7
Shopify’s refusal to enforce its own acceptable use policy by not removing a store linked to the hate group Libs of TikTok demonstrates a lapse in ethical business practices. The decision not only contravenes the company's stated commitment to ban hate speech but also inadvertently provides a platform for hate-fueled narratives, thereby contributing to the normalization of extremist views.
- OCT292018
Shopify has banned Gab, an extremist-friendly 'free-speech' social network linked to anti-Semitic content and used by the suspect in the Pittsburgh synagogue shooting, marking a significant move against extremist platforms on its service.
+80
Public and Political Behavior
May 7
By terminating Gab’s account, Shopify demonstrates a proactive stance against extremist content and hate speech, aligning with a commitment to counter authoritarian and extremist political behavior.
+70
Business Practices and Ethical Responsibility
May 7
The decision to ban an extremist platform reflects positively on Shopify's ethical business practices by distancing the company from hate groups and extremist ideologies, reinforcing responsible platform management.
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Corporate Financials
- Revenue
- 2024
- $5.30B
- Total Assets
- 2024
- $15.00B
- Operating Income
- 2024
- $1.60B
- Total Equity
- 2024
- $5.00B
Employees: 5,000
Industries
- 518210
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
- 541511
- Custom Computer Programming Services
- 541512
- Computer Systems Design Services
- 541519
- Other Computer Related Services
- 454110
- Electronic Shopping