content: <?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="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>
          <com:street1>151 O'CONNOR STREET</com:street1>
          <com:street2>GROUND FLOOR</com:street2>
          <com:city>OTTAWA</com:city>
          <com:stateOrCountry>A6</com:stateOrCountry>
          <com:zipCode>K2P 2L8</com:zipCode>
        </issuerAddress>
        <issuerContactPhone>613-241-2828</issuerContactPhone>
        <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Hertz Jessica</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
        <relationshipsToIssuer>
          <relationshipToIssuer>Officer</relationshipToIssuer>
        </relationshipsToIssuer>
      </issuerInfo>
      <securitiesInformation>
        <securitiesClassTitle>Common</securitiesClassTitle>
        <brokerOrMarketmakerDetails>
          <name>Morgan Stanley Smith Barney</name>
          <address>
            <com:street1>One New York Plaza</com:street1>
            <com:city>New York</com:city>
            <com:stateOrCountry>NY</com:stateOrCountry>
            <com:zipCode>10004</com:zipCode>
          </address>
        </brokerOrMarketmakerDetails>
        <noOfUnitsSold>26672</noOfUnitsSold>
        <aggregateMarketValue>2884678.15</aggregateMarketValue>
        <noOfUnitsOutstanding>1212463001</noOfUnitsOutstanding>
        <approxSaleDate>11/13/2024</approxSaleDate>
        <securitiesExchangeName>NYSE </securitiesExchangeName>
      </securitiesInformation>
      <securitiesToBeSold>
        <securitiesClassTitle>Common</securitiesClassTitle>
        <acquiredDate>07/29/2024</acquiredDate>
        <natureOfAcquisitionTransaction>Restricted stock vesting under a registered plan</natureOfAcquisitionTransaction>
        <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
        <isGiftTransaction>N</isGiftTransaction>
        <amountOfSecuritiesAcquired>797</amountOfSecuritiesAcquired>
        <paymentDate>07/29/2024</paymentDate>
        <natureOfPayment>Services Rendered</natureOfPayment>
      </securitiesToBeSold>
      <securitiesToBeSold>
        <securitiesClassTitle>Common</securitiesClassTitle>
        <acquiredDate>08/26/2024</acquiredDate>
        <natureOfAcquisitionTransaction>Restricted stock vesting under a registered plan</natureOfAcquisitionTransaction>
        <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
        <isGiftTransaction>N</isGiftTransaction>
        <amountOfSecuritiesAcquired>2489</amountOfSecuritiesAcquired>
        <paymentDate>08/26/2024</paymentDate>
        <natureOfPayment>Services Rendered</natureOfPayment>
      </securitiesToBeSold>
      <securitiesToBeSold>
        <securitiesClassTitle>Common</securitiesClassTitle>
        <acquiredDate>03/11/2024</acquiredDate>
        <natureOfAcquisitionTransaction>Restricted stock vesting under a registered plan</natureOfAcquisitionTransaction>
        <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
        <isGiftTransaction>N</isGiftTransaction>
        <amountOfSecuritiesAcquired>6508</amountOfSecuritiesAcquired>
        <paymentDate>03/11/2024</paymentDate>
        <natureOfPayment>Services Rendered </natureOfPayment>
      </securitiesToBeSold>
      <securitiesToBeSold>
        <securitiesClassTitle>Common</securitiesClassTitle>
        <acquiredDate>03/28/2024</acquiredDate>
        <natureOfAcquisitionTransaction>Restricted stock vesting under a registered plan</natureOfAcquisitionTransaction>
        <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
        <isGiftTransaction>N</isGiftTransaction>
        <amountOfSecuritiesAcquired>795</amountOfSecuritiesAcquired>
        <paymentDate>03/28/2024</paymentDate>
        <natureOfPayment>Services Rendered</natureOfPayment>
      </securitiesToBeSold>
      <securitiesToBeSold>
        <securitiesClassTitle>Common</securitiesClassTitle>
        <acquiredDate>02/28/2024</acquiredDate>
        <natureOfAcquisitionTransaction>Restricted stock vesting under a registered plan</natureOfAcquisitionTransaction>
        <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
        <isGiftTransaction>N</isGiftTransaction>
        <amountOfSecuritiesAcquired>997</amountOfSecuritiesAcquired>
        <paymentDate>02/28/2024</paymentDate>
        <natureOfPayment>Services Rendered </natureOfPayment>
      </securitiesToBeSold>
      <securitiesToBeSold>
        <securitiesClassTitle>Common</securitiesClassTitle>
        <acquiredDate>12/11/2023</acquiredDate>
        <natureOfAcquisitionTransaction>Restricted stock vesting under a registered plan</natureOfAcquisitionTransaction>
        <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
        <isGiftTransaction>N</isGiftTransaction>
        <amountOfSecuritiesAcquired>5779</amountOfSecuritiesAcquired>
        <paymentDate>12/11/2023</paymentDate>
        <natureOfPayment>Services Rendered</natureOfPayment>
      </securitiesToBeSold>
      <securitiesToBeSold>
        <securitiesClassTitle>Common</securitiesClassTitle>
        <acquiredDate>04/29/2024</acquiredDate>
        <natureOfAcquisitionTransaction>Restricted stock vesting under a registered plan</natureOfAcquisitionTransaction>
        <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
        <isGiftTransaction>N</isGiftTransaction>
        <amountOfSecuritiesAcquired>798</amountOfSecuritiesAcquired>
        <paymentDate>04/29/2024</paymentDate>
        <natureOfPayment>Services Rendered </natureOfPayment>
      </securitiesToBeSold>
      <securitiesToBeSold>
        <securitiesClassTitle>Common</securitiesClassTitle>
        <acquiredDate>05/28/2024</acquiredDate>
        <natureOfAcquisitionTransaction>Restricted stock vesting under a registered plan</natureOfAcquisitionTransaction>
        <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
        <isGiftTransaction>N</isGiftTransaction>
        <amountOfSecuritiesAcquired>790</amountOfSecuritiesAcquired>
        <paymentDate>05/28/2024</paymentDate>
        <natureOfPayment>Services Rendered</natureOfPayment>
      </securitiesToBeSold>
      <securitiesToBeSold>
        <securitiesClassTitle>Common</securitiesClassTitle>
        <acquiredDate>06/10/2024</acquiredDate>
        <natureOfAcquisitionTransaction>Restricted stock vesting under a registered plan</natureOfAcquisitionTransaction>
        <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
        <isGiftTransaction>N</isGiftTransaction>
        <amountOfSecuritiesAcquired>3663</amountOfSecuritiesAcquired>
        <paymentDate>06/10/2024</paymentDate>
        <natureOfPayment>Services Rendered</natureOfPayment>
      </securitiesToBeSold>
      <securitiesToBeSold>
        <securitiesClassTitle>Common</securitiesClassTitle>
        <acquiredDate>06/28/2024</acquiredDate>
        <natureOfAcquisitionTransaction>Restricted stock vesting under a registered plan</natureOfAcquisitionTransaction>
        <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
        <isGiftTransaction>N</isGiftTransaction>
        <amountOfSecuritiesAcquired>797</amountOfSecuritiesAcquired>
        <paymentDate>06/28/2024</paymentDate>
        <natureOfPayment>Services Rendered</natureOfPayment>
      </securitiesToBeSold>
      <securitiesToBeSold>
        <securitiesClassTitle>Common</securitiesClassTitle>
        <acquiredDate>08/28/2024</acquiredDate>
        <natureOfAcquisitionTransaction>Restricted stock vesting under a registered plan</natureOfAcquisitionTransaction>
        <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
        <isGiftTransaction>N</isGiftTransaction>
        <amountOfSecuritiesAcquired>771</amountOfSecuritiesAcquired>
        <paymentDate>08/28/2024</paymentDate>
        <natureOfPayment>Services Rendered </natureOfPayment>
      </securitiesToBeSold>
      <securitiesToBeSold>
        <securitiesClassTitle>Common</securitiesClassTitle>
        <acquiredDate>09/09/2024</acquiredDate>
        <natureOfAcquisitionTransaction>Restricted stock vesting under a registered plan</natureOfAcquisitionTransaction>
        <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
        <isGiftTransaction>N</isGiftTransaction>
        <amountOfSecuritiesAcquired>2488</amountOfSecuritiesAcquired>
        <paymentDate>09/09/2024</paymentDate>
        <natureOfPayment>Services Rendered</natureOfPayment>
      </securitiesToBeSold>
      <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
      <securitiesSoldInPast3Months>
        <sellerDetails>
          <name>Jessica Hertz</name>
          <address>
            <com:street1>151 O Connor Street</com:street1>
            <com:city>Ottawa</com:city>
            <com:stateOrCountry>A6</com:stateOrCountry>
            <com:zipCode>K2P 2L8</com:zipCode>
          </address>
        </sellerDetails>
        <securitiesClassTitle>Common</securitiesClassTitle>
        <saleDate>10/28/2024</saleDate>
        <amountOfSecuritiesSold>764</amountOfSecuritiesSold>
        <grossProceeds>60808.90</grossProceeds>
      </securitiesSoldInPast3Months>
      <securitiesSoldInPast3Months>
        <sellerDetails>
          <name>Jessica Hertz</name>
          <address>
            <com:street1>151 O Connor Street,</com:street1>
            <com:city>Ottawa</com:city>
            <com:stateOrCountry>A6</com:stateOrCountry>
            <com:zipCode>K2P 2L8</com:zipCode>
          </address>
        </sellerDetails>
        <securitiesClassTitle>Common</securitiesClassTitle>
        <saleDate>09/30/2024</saleDate>
        <amountOfSecuritiesSold>767</amountOfSecuritiesSold>
        <grossProceeds>60654.36</grossProceeds>
      </securitiesSoldInPast3Months>
      <securitiesSoldInPast3Months>
        <sellerDetails>
          <name>Jessica Hertz</name>
          <address>
            <com:street1>151 O Connor Street,</com:street1>
            <com:city>Ottawa</com:city>
            <com:stateOrCountry>A6</com:stateOrCountry>
            <com:zipCode>K2P 2L8</com:zipCode>
          </address>
        </sellerDetails>
        <securitiesClassTitle>Common</securitiesClassTitle>
        <saleDate>09/09/2024</saleDate>
        <amountOfSecuritiesSold>5598</amountOfSecuritiesSold>
        <grossProceeds>378081.64</grossProceeds>
      </securitiesSoldInPast3Months>
      <securitiesSoldInPast3Months>
        <sellerDetails>
          <name>Jessica Hertz</name>
          <address>
            <com:street1>151 O Connor Street </com:street1>
            <com:city>Ottawa</com:city>
            <com:stateOrCountry>A6</com:stateOrCountry>
            <com:zipCode>K2P 2L8</com:zipCode>
          </address>
        </sellerDetails>
        <securitiesClassTitle>Common</securitiesClassTitle>
        <saleDate>08/28/2024</saleDate>
        <amountOfSecuritiesSold>787</amountOfSecuritiesSold>
        <grossProceeds>57164.14</grossProceeds>
      </securitiesSoldInPast3Months>
      <securitiesSoldInPast3Months>
        <sellerDetails>
          <name>Jessica Hertz</name>
          <address>
            <com:street1>151 O Connor Street </com:street1>
            <com:city>Ottawa</com:city>
            <com:stateOrCountry>A6</com:stateOrCountry>
            <com:zipCode>151 O Conn</com:zipCode>
          </address>
        </sellerDetails>
        <securitiesClassTitle>Common</securitiesClassTitle>
        <saleDate>08/26/2024</saleDate>
        <amountOfSecuritiesSold>2453</amountOfSecuritiesSold>
        <grossProceeds>185528.98</grossProceeds>
      </securitiesSoldInPast3Months>
      <noticeSignature>
        <noticeDate>11/13/2024</noticeDate>
        <signature>/s/ Jessica Rose Hertz</signature>
      </noticeSignature>
    </formData>
  </edgarSubmission>
metadata_documents: [{"type": "144", "sequence": "1", "filename": "primary_doc.xml", "secsgml_size_bytes": 11942}]
text: 144
  0001962731
  XXXXXXXX
  LIVE
  0001594805
  SHOPIFY INC.
  001-37400
  151 O'CONNOR STREET
  GROUND FLOOR
  OTTAWA
  A6
  K2P 2L8
  613-241-2828
  Hertz Jessica
  Officer
  Common
  Morgan Stanley Smith Barney
  One New York Plaza
  New York
  NY
  10004
  26672
  2884678.15
  1212463001
  11/13/2024
  NYSE
  Common
  07/29/2024
  Restricted stock vesting under a registered plan
  Issuer
  N
  797
  07/29/2024
  Services Rendered
  Common
  08/26/2024
  Restricted stock vesting under a registered plan
  Issuer
  N
  2489
  08/26/2024
  Services Rendered
  Common
  03/11/2024
  Restricted stock vesting under a registered plan
  Issuer
  N
  6508
  03/11/2024
  Services Rendered
  Common
  03/28/2024
  Restricted stock vesting under a registered plan
  Issuer
  N
  795
  03/28/2024
  Services Rendered
  Common
  02/28/2024
  Restricted stock vesting under a registered plan
  Issuer
  N
  997
  02/28/2024
  Services Rendered
  Common
  12/11/2023
  Restricted stock vesting under a registered plan
  Issuer
  N
  5779
  12/11/2023
  Services Rendered
  Common
  04/29/2024
  Restricted stock vesting under a registered plan
  Issuer
  N
  798
  04/29/2024
  Services Rendered
  Common
  05/28/2024
  Restricted stock vesting under a registered plan
  Issuer
  N
  790
  05/28/2024
  Services Rendered
  Common
  06/10/2024
  Restricted stock vesting under a registered plan
  Issuer
  N
  3663
  06/10/2024
  Services Rendered
  Common
  06/28/2024
  Restricted stock vesting under a registered plan
  Issuer
  N
  797
  06/28/2024
  Services Rendered
  Common
  08/28/2024
  Restricted stock vesting under a registered plan
  Issuer
  N
  771
  08/28/2024
  Services Rendered
  Common
  09/09/2024
  Restricted stock vesting under a registered plan
  Issuer
  N
  2488
  09/09/2024
  Services Rendered
  N
  Jessica Hertz
  151 O Connor Street
  Ottawa
  A6
  K2P 2L8
  Common
  10/28/2024
  764
  60808.90
  Jessica Hertz
  151 O Connor Street,
  Ottawa
  A6
  K2P 2L8
  Common
  09/30/2024
  767
  60654.36
  Jessica Hertz
  151 O Connor Street,
  Ottawa
  A6
  K2P 2L8
  Common
  09/09/2024
  5598
  378081.64
  Jessica Hertz
  151 O Connor Street
  Ottawa
  A6
  K2P 2L8
  Common
  08/28/2024
  787
  57164.14
  Jessica Hertz
  151 O Connor Street
  Ottawa
  A6
  151 O Conn
  Common
  08/26/2024
  2453
  185528.98
  11/13/2024
  /s/ Jessica Rose Hertz