Revenue Showdown: Shopify Inc. vs CDW Corporation

A Decade of Growth: Shopify Inc. vs CDW Corporation

In the ever-evolving landscape of e-commerce and technology solutions, Shopify Inc. and CDW Corporation have emerged as formidable players. Over the past decade, from 2014 to 2023, these companies have demonstrated remarkable revenue growth, albeit on different scales. Shopify, a leader in e-commerce platforms, has seen its revenue skyrocket by over 6,600%, starting from a modest $105 million in 2014 to an impressive $7 billion in 2023. This exponential growth underscores Shopify's pivotal role in empowering small and medium-sized businesses to thrive online.

Meanwhile, CDW Corporation, a stalwart in IT solutions, has maintained steady growth, with its revenue increasing by approximately 77% over the same period. From $12 billion in 2014, CDW's revenue peaked at $23.7 billion in 2022, before slightly declining to $21.4 billion in 2023. This trend highlights CDW's resilience and adaptability in a competitive market.