Is Shopify really
catching Amazon?

Rising rivals like Walmart
only a fraction of Godzilla

Many Seeking Alpha analysts have highlighted the rapid growth of Shopify, the MCommerce platform provider. even suggesting it is catching Amazon. Reality check! Yes its grew its Gross Merchandise Value (GMV) 3X since 2019 compared with Amazon's 2X, but it's still a fraction of Godzilla's $1Tn volume. We analyse the analysts' numbers...