Shopify Announces 0% Revenue Sharing on First $1 Million in Sales
Shopify Announces 0% Revenue Sharing on First $1 Million in Sales 8 hours ago Shopify is dropping its revenue cut for developers that earn less than $1 million annually, in a move that rivals other tech platforms. Shopify is one of the most popular e-commerce platforms, powering some $120 billion in Gross Merchandise Volume (GMV) in 2020. Until now, the company took a 20% revenue commission, but the company is waiving that for smaller developers. Developers who build for the Shopify App Store will now pay 0% revenue share for the first $1M they earn annually on the platform starting on Aug...