10-01-2015, 08:05 AM
Shopify expansion in Waterloo Region to employ 300
Quote:Citing the “amazing talent pool” in Waterloo Region, Shopify is undertaking an ambitious expansion of its local operations, including a 300-employee office in the former Seagram Museum/CIGI building in Waterloo’s core.
The new facility, to be occupied in April 2016, will enable a tenfold increase in the local footprint of the Ottawa-based e-commerce giant, which currently employs 30 at a sales lab that opened about a year ago in Kitchener’s Lang Tannery.
With about 800 employees split among Ottawa, Montreal, Toronto and Waterloo Region, Shopify has become Canada’s hottest technology company, with a market capitalization of $2.8 billion. That’s more than double its value at the time of its initial public offering of shares just over four months ago.