In this article, we discuss the 5 biggest companies that use Shopify. If you want to read our detailed analysis of the recent trends in Shopify, go directly to 15 Biggest Companies That Use Shopify.
5. Anheuser-Busch InBev Sa Nv (NYSE: BUD)
Market cap: $106.2 billion
Ranking 5th in our list of the 15 biggest companies that use Shopify is Belgian beer company Anheuser-Busch InBev. The company is one of the most valuable alcohol manufacturers in the world. Among its most popular brands are Budweiser, Castle, and Corona. By volume and sales, the company is the world’s largest beer brewer, with more than 600 beer brands sold in 150 countries.
The company’s revenue in the fourth quarter of 2020 fell 4.5% to $12.8 billion from $13.3 billion in 2019. This is primarily due to a 5.7% decline in volume. The stock has gained 30% in the last twelve months.
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4. PepsiCo Inc. (NASDAQ: PEP)
Market value: $192.6 billion
Ranking 4th on the list of the 15 biggest companies that use Shopify is American beverage giant PepsiCo Inc. During the pandemic, PepsiCo launched two direct-to-consumer websites, PantryShop.com and Snacks.com, where customers can order a variety of PepsiCo’s trusted and valued food and beverage products. Frito-Lay, Gatorade, Pepsi-Cola, Quaker, and Tropicana are among the company’s best-selling brands.
In 2020, the company’s revenue came in at $70.4 billion, a 5% increase from $67.2 billion in 2019. Shares of PEP increased 7.32% over the past twelve months.
3. Nestlé (OTC: NSRGY)
Market cap: $314.9 billion
Nestlé’s Nescafe ranks 3rd on the list of the 15 biggest companies that use Shopify. To persuade millennials to switch to Nescafé instant coffee, Nestlé created a B2C or business-to-consumer platform using Shopify Plus. Headquartered in Switzerland, the company is known for a wide variety of beverage and food products, confectionery, cooking aids, and pet care.
The company’s revenue in 2020 was $90.8 billion. Shares of NSRGY jumped 8.6% over the past twelve months.
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2. LVMH Moet Hennessy Louis Vuitton (OTC: LVMUY)
Market value: $331 billion
Ranking 2nd in our list of the 15 biggest companies that use Shopify is LVMH’s Sephora. Headquartered in Paris, France, the company operates a chain of personal care and beauty stores. As of April 2020, Sephora owns 78,000 beauty products being offered in more than 2,600 retail stores in the world. Even though the pandemic reduced foot traffic in stores, online sales reached new highs.
LVMH’s total revenue in 2020 came in at $52.9 billion where profits from the fashion and perfume sector were $6.2 billion in 2020. The stock has gained 80% in the last twelve months.
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1. Tesla Inc. (NASDAQ: TSLA)
Market value: $644 billion
Topping the list of the 15 biggest companies that use Shopify is American EV maker Tesla Inc. Headquartered in Palo Alto, California, the company is one of the fastest-growing EV manufacturers in the world. Tesla designs and markets top-of-the-line fully-electric and autonomous vehicles. The “Technoking of Tesla” Elon Musk built a Tesla Shopify store that sells car chargers, vehicle accessories, apparel, and even a $250 Tesla Tequila. Tesla recently released its Q1 2021 production and deliveries data where the company manufactured 180,338 units of Model 3/Y and delivered a total of 184,800 units.
The company’s revenue in 2020 came in at $31.5 billion. Shares of TSLA surged 485.5% over the past twelve months.
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