sales Shop.ca & Shop.us Sold For $375,000 USD - Acquired By Shopify

[silentg]

https://twitter.com/x/status/1876618027783106926

The URL shop.ca, once the home of a large Canadian e-commerce player in its own right, will now redirect to Shopify’s Amazon-like online megastore.

Shopify has purchased the domains shop.ca and shop.us from Toronto-based Emerge Commerce for $375,000 USD ($536,000 CAD). The domains will now automatically direct users to Shop app as the company continues to nurture the presence of its digital marketplace in an increasingly competitive sector. Chinese online shopping app Temu made strides in the market this year, becoming the most downloaded app in Canada in 2024, according to Apple’s annual app store data.

Shopify acquires Shop.ca domain from Emerge Commerce


@GeorgeK

 

[Business Brands]

This is major.

 

[silentg]

Press release: https://ca.finance.yahoo.com/news/emerge-completes-sale-shop-domains-120000956.html

TORONTO, Jan. 7, 2025 /CNW/ - EMERGE Commerce Ltd. (TSXV: ECOM) ("EMERGE" or the "Company"), a premium e-commerce brand portfolio, announced the sale of its premium web domains, Shop.ca and Shop.us, to Shopify Inc. (NYSE: SHOP), for US$375,000, or approximately CA$536,000.

 

[Armageddon]

This is major.

Dont tell me
Even split in half and will be 150k for shop.us

 

[silentg]

It would be major when they start using the .ca for Canadians and .us for US customers. Right now it forwards to shop.app

 

[alcy]

it's only major cause .ca are awful sellers

but it's not so major if u know canada went from top world country to unfockingaffordable

have a nice life justine

 

[Kyle Tully]

It would be major when they start using the .ca for Canadians and .us for US customers. Right now it forwards to shop.app

Tech nightmare running multiple tlds for different regions. App is their major platform they’re trying to grow so makes sense to dominate the SLD and block out competitors.

 

[Joseph CA]

A rebrand to Shop soon?

 

[Kyle Tully]

A rebrand to Shop soon?

Highly unlikely

 

[Domain_Expert]

I have movie.biz and men.club for the next big shot

 

[Samer]

Highly unlikely

Shopify should rebrand to Shop.com why “unlikely”?
Never heard of the existing “Shop.com”

 

[Samer]

A rebrand to Shop soon?

I hope you’re right.
Shop.com is an existing end-user, but never used them

 

[Kyle Tully]

Shopify should rebrand to Shop.com why “unlikely”?
Never heard of the existing “Shop.com”

They’re much more likely to buy shop .com for the retail app to replace the .app domain.

Shopify is such a well established brand on the merchant front it wouldn’t be a smart move to go to the generic shop name imo.

 

[homebuyer]

Is there anything that can’t be sold on Shopify’s platform?