content: <?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:ns2="http://www.sec.gov/edgar/common">
      <headerData>
          <submissionType>144</submissionType>
          <filerInfo>
              <filer>
                  <filerCredentials>
                      <cik>0001962731</cik>
                      <ccc>XXXXXXXX</ccc>
                  </filerCredentials>
              </filer>
              <liveTestFlag>LIVE</liveTestFlag>
  
  
  
          </filerInfo>
      </headerData>
      <formData>
          <issuerInfo>
              <issuerCik>0001594805</issuerCik>
              <issuerName>SHOPIFY INC.</issuerName>
              <secFileNumber>001-37400</secFileNumber>
              <issuerAddress>
                  <ns2:street1>151 O Connor Street</ns2:street1>
                  <ns2:city>Ottawa</ns2:city>
                  <ns2:stateOrCountry>A6</ns2:stateOrCountry>
                  <ns2:zipCode>K2P 2L8</ns2:zipCode>
              </issuerAddress>
              <issuerContactPhone>6132412828</issuerContactPhone>
              <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>JESSICA HERTZ</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
              <relationshipsToIssuer>
                  <relationshipToIssuer>Officer</relationshipToIssuer>
              </relationshipsToIssuer>
          </issuerInfo>
          <securitiesInformation>
              <securitiesClassTitle>Class A Subordinate Voting Shares</securitiesClassTitle>
              <brokerOrMarketmakerDetails>
                  <name>Morgan Stanley Smith Barney LLC Executive Financial Services</name>
                  <address>
                      <ns2:street1>1 New York Plaza</ns2:street1>
                      <ns2:street2>38th Fl.</ns2:street2>
                      <ns2:city>New York</ns2:city>
                      <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                      <ns2:zipCode>10004</ns2:zipCode>
                  </address>
              </brokerOrMarketmakerDetails>
              <noOfUnitsSold>2491</noOfUnitsSold>
              <aggregateMarketValue>183113.41</aggregateMarketValue>
              <noOfUnitsOutstanding>1205587398</noOfUnitsOutstanding>
              <approxSaleDate>11/29/2023</approxSaleDate>
              <securitiesExchangeName>NYSE</securitiesExchangeName>
          </securitiesInformation>
          <securitiesToBeSold>
              <securitiesClassTitle>Class A Subordinate Voting Shares</securitiesClassTitle>
              <acquiredDate>11/24/2023</acquiredDate>
              <natureOfAcquisitionTransaction>Vesting of RSUs</natureOfAcquisitionTransaction>
              <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
              <isGiftTransaction>N</isGiftTransaction>
              <amountOfSecuritiesAcquired>2491</amountOfSecuritiesAcquired>
              <paymentDate>11/24/2023</paymentDate>
              <natureOfPayment>Vesting of RSUs</natureOfPayment>
          </securitiesToBeSold>
          <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
          <securitiesSoldInPast3Months>
              <sellerDetails>
                  <name>JESSICA HERTZ</name>
                  <address>
                      <ns2:street1>151 O Connor Street</ns2:street1>
                      <ns2:city>Ottawa</ns2:city>
                      <ns2:stateOrCountry>A6</ns2:stateOrCountry>
                      <ns2:zipCode>K2P 2L8</ns2:zipCode>
                  </address>
              </sellerDetails>
              <securitiesClassTitle>Class A Subordinate Voting Shares</securitiesClassTitle>
              <saleDate>11/24/2023</saleDate>
              <amountOfSecuritiesSold>2452</amountOfSecuritiesSold>
              <grossProceeds>173027.10</grossProceeds>
          </securitiesSoldInPast3Months>
          <securitiesSoldInPast3Months>
              <sellerDetails>
                  <name>10b5-1 Sales for JESSICA HERTZ</name>
                  <address>
                      <ns2:street1>151 O Connor Street</ns2:street1>
                      <ns2:city>Ottawa</ns2:city>
                      <ns2:stateOrCountry>A6</ns2:stateOrCountry>
                      <ns2:zipCode>K2P 2L8</ns2:zipCode>
                  </address>
              </sellerDetails>
              <securitiesClassTitle>Class A Subordinate Voting Shares</securitiesClassTitle>
              <saleDate>09/14/2023</saleDate>
              <amountOfSecuritiesSold>12129</amountOfSecuritiesSold>
              <grossProceeds>768932.51</grossProceeds>
          </securitiesSoldInPast3Months>
          <securitiesSoldInPast3Months>
              <sellerDetails>
                  <name>JESSICA HERTZ</name>
                  <address>
                      <ns2:street1>151 O Connor Street</ns2:street1>
                      <ns2:city>Ottawa</ns2:city>
                      <ns2:stateOrCountry>A6</ns2:stateOrCountry>
                      <ns2:zipCode>K2P 2L8</ns2:zipCode>
                  </address>
              </sellerDetails>
              <securitiesClassTitle>Class A Subordinate Voting Shares</securitiesClassTitle>
              <saleDate>09/11/2023</saleDate>
              <amountOfSecuritiesSold>5638</amountOfSecuritiesSold>
              <grossProceeds>355944.98</grossProceeds>
          </securitiesSoldInPast3Months>
          <securitiesSoldInPast3Months>
              <sellerDetails>
                  <name>10b5-1 Sales for JESSICA HERTZ</name>
                  <address>
                      <ns2:street1>151 O Connor Street</ns2:street1>
                      <ns2:city>Ottawa</ns2:city>
                      <ns2:stateOrCountry>A6</ns2:stateOrCountry>
                      <ns2:zipCode>K2P 2L8</ns2:zipCode>
                  </address>
              </sellerDetails>
              <securitiesClassTitle>Class A Subordinate Voting Shares</securitiesClassTitle>
              <saleDate>09/08/2023</saleDate>
              <amountOfSecuritiesSold>2711</amountOfSecuritiesSold>
              <grossProceeds>174425.74</grossProceeds>
          </securitiesSoldInPast3Months>
          <remarks>Aggregate market value calculated using November 28, 2023 closing price of $73.51 per share. Number of shares outstanding as of November 15, 2023. Shares to be sold to cover taxes and fees resulting from the vesting of RSUs. Dates of sale reflect a three month period starting on November 29, 2023.</remarks>
          <noticeSignature>
              <noticeDate>11/29/2023</noticeDate>
              <planAdoptionDates>
                  <planAdoptionDate>06/09/2023</planAdoptionDate>
              </planAdoptionDates>
              <signature>/s/ Jessica Hertz</signature>
          </noticeSignature>
      </formData>
  </edgarSubmission>
metadata_documents: [{"type": "144", "sequence": "1", "filename": "primary_doc.xml", "secsgml_size_bytes": 6578}]
text: 144
  0001962731
  XXXXXXXX
  LIVE
  0001594805
  SHOPIFY INC.
  001-37400
  151 O Connor Street
  Ottawa
  A6
  K2P 2L8
  6132412828
  JESSICA HERTZ
  Officer
  Class A Subordinate Voting Shares
  Morgan Stanley Smith Barney LLC Executive Financial Services
  1 New York Plaza
  38th Fl.
  New York
  NY
  10004
  2491
  183113.41
  1205587398
  11/29/2023
  NYSE
  Class A Subordinate Voting Shares
  11/24/2023
  Vesting of RSUs
  Issuer
  N
  2491
  11/24/2023
  Vesting of RSUs
  N
  JESSICA HERTZ
  151 O Connor Street
  Ottawa
  A6
  K2P 2L8
  Class A Subordinate Voting Shares
  11/24/2023
  2452
  173027.10
  10b5-1 Sales for JESSICA HERTZ
  151 O Connor Street
  Ottawa
  A6
  K2P 2L8
  Class A Subordinate Voting Shares
  09/14/2023
  12129
  768932.51
  JESSICA HERTZ
  151 O Connor Street
  Ottawa
  A6
  K2P 2L8
  Class A Subordinate Voting Shares
  09/11/2023
  5638
  355944.98
  10b5-1 Sales for JESSICA HERTZ
  151 O Connor Street
  Ottawa
  A6
  K2P 2L8
  Class A Subordinate Voting Shares
  09/08/2023
  2711
  174425.74
  Aggregate market value calculated using November 28, 2023 closing price of $73.51 per share. Number of shares outstanding as of November 15, 2023. Shares to be sold to cover taxes and fees resulting from the vesting of RSUs. Dates of sale reflect a three month period starting on November 29, 2023.
  11/29/2023
  06/09/2023
  /s/ Jessica Hertz