While Shopify’s core eCommerce tool set offering does not fit the definition of a platform business, the company recently announced big changes to a part of its business that does fit the platform model, the eCommerce App Marketplace AKA the Shopify App Store. Alex discusses Shopify’s decision to remove app store fees for developers first $1 million in revenue and explains how the competitive landscape here differs from tech monopoly operated app stores like Apple’s iOS store and Google’s Play Store on Android.
This is an excerpt from episode 164 of Winner Take All. Watch the full episode here: youtu.be/8LDd8ycap_0
Originally Aired: 07/08/21
#Shopify #AppStore #eCommerce
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