Canadian tech rises again as Shopify becomes the second-most valuable company in Canada
I'm old enough to remember when BlackBerry put Canadian technology on the map. Now, there's a new Canadian tech kid in town: Tobias Lutke's Shopify, an e-commerce software company. Shopify is now the second largest company in Canada by market capitalization, its value surpassing CA$100 billion. It's bigger than all the Canadian banks but one -- Royal Bank of Canada -- and it's quickly closing in. It's also way ahead of most rivals in the e-commerce space, at more than twice the market cap of eBay and many times larger than Farfetch and Etsy.
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