Shopify spent over 1.7 billion U.S. dollars on research and development in the fiscal year 2023. Shopify's annual expenditure on research and development increased rapidly over the measured period, increasing by more than one billion U.S. dollars since 2015.
Shopify's research and development (R&D) spending worldwide from 2015 to 2023
(in million U.S. dollars)
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Shopify. (February 13, 2024). Shopify's research and development (R&D) spending worldwide from 2015 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1075185/research-development-expense-shopify-worldwide/
Shopify. "Shopify's research and development (R&D) spending worldwide from 2015 to 2023 (in million U.S. dollars)." Chart. February 13, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1075185/research-development-expense-shopify-worldwide/
Shopify. (2024). Shopify's research and development (R&D) spending worldwide from 2015 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1075185/research-development-expense-shopify-worldwide/
Shopify. "Shopify's Research and Development (R&d) Spending Worldwide from 2015 to 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 13 Feb 2024, https://www.statista.com/statistics/1075185/research-development-expense-shopify-worldwide/
Shopify, Shopify's research and development (R&D) spending worldwide from 2015 to 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1075185/research-development-expense-shopify-worldwide/ (last visited November 21, 2024)
Shopify's research and development (R&D) spending worldwide from 2015 to 2023 (in million U.S. dollars) [Graph], Shopify, February 13, 2024. [Online]. Available: https://www.statista.com/statistics/1075185/research-development-expense-shopify-worldwide/
