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>0001962730</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>Finkelstein Harley</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
        <relationshipsToIssuer>
          <relationshipToIssuer>Officer</relationshipToIssuer>
        </relationshipsToIssuer>
      </issuerInfo>
      <securitiesInformation>
        <securitiesClassTitle>Class A Subordinate Voting Shares</securitiesClassTitle>
        <brokerOrMarketmakerDetails>
          <name>Solium Capital Inc.</name>
          <address>
            <com:street1>Suite 1500</com:street1>
            <com:street2>600-3rd Ave., SW</com:street2>
            <com:city>Calgary</com:city>
            <com:stateOrCountry>A0</com:stateOrCountry>
            <com:zipCode>T2P 0G5</com:zipCode>
          </address>
        </brokerOrMarketmakerDetails>
        <noOfUnitsSold>3223</noOfUnitsSold>
        <aggregateMarketValue>214297.27</aggregateMarketValue>
        <noOfUnitsOutstanding>1203499789</noOfUnitsOutstanding>
        <approxSaleDate>09/05/2023</approxSaleDate>
        <securitiesExchangeName>NYSE</securitiesExchangeName>
      </securitiesInformation>
      <securitiesToBeSold>
        <securitiesClassTitle>Class A Subordinate Voting Shares</securitiesClassTitle>
        <acquiredDate>09/05/2023</acquiredDate>
        <natureOfAcquisitionTransaction>Exercise of options</natureOfAcquisitionTransaction>
        <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
        <isGiftTransaction>N</isGiftTransaction>
        <amountOfSecuritiesAcquired>3223</amountOfSecuritiesAcquired>
        <paymentDate>09/05/2023</paymentDate>
        <natureOfPayment>Exercise of options</natureOfPayment>
      </securitiesToBeSold>
      <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
      <securitiesSoldInPast3Months>
        <sellerDetails>
          <name>Harley Finkelstein</name>
          <address>
            <com:street1>151 O'Connor St.</com:street1>
            <com:street2>Ground Floor</com:street2>
            <com:city>Ottawa</com:city>
            <com:stateOrCountry>A6</com:stateOrCountry>
            <com:zipCode>K2P 2L8</com:zipCode>
          </address>
        </sellerDetails>
        <securitiesClassTitle>Class A Subordinate Voting Shares</securitiesClassTitle>
        <saleDate>06/30/2023</saleDate>
        <amountOfSecuritiesSold>39</amountOfSecuritiesSold>
        <grossProceeds>2520.06</grossProceeds>
      </securitiesSoldInPast3Months>
      <securitiesSoldInPast3Months>
        <sellerDetails>
          <name>Harley Finkelstein</name>
          <address>
            <com:street1>151 O'Connor St.</com:street1>
            <com:street2>Ground Floor</com:street2>
            <com:city>Ottawa</com:city>
            <com:stateOrCountry>A6</com:stateOrCountry>
            <com:zipCode>K2P 2L8</com:zipCode>
          </address>
        </sellerDetails>
        <securitiesClassTitle>Class A Subordinate Voting Shares</securitiesClassTitle>
        <saleDate>07/13/2023</saleDate>
        <amountOfSecuritiesSold>7750</amountOfSecuritiesSold>
        <grossProceeds>535000.00</grossProceeds>
      </securitiesSoldInPast3Months>
      <securitiesSoldInPast3Months>
        <sellerDetails>
          <name>Harley Finkelstein</name>
          <address>
            <com:street1>151 O'Connor St.</com:street1>
            <com:street2>Ground Floor</com:street2>
            <com:city>Ottawa</com:city>
            <com:stateOrCountry>A6</com:stateOrCountry>
            <com:zipCode>K2P 2L8</com:zipCode>
          </address>
        </sellerDetails>
        <securitiesClassTitle>Class A Subordinate Voting Shares</securitiesClassTitle>
        <saleDate>07/14/2023</saleDate>
        <amountOfSecuritiesSold>2750</amountOfSecuritiesSold>
        <grossProceeds>195250.00</grossProceeds>
      </securitiesSoldInPast3Months>
      <securitiesSoldInPast3Months>
        <sellerDetails>
          <name>Harley Finkelstein</name>
          <address>
            <com:street1>151 O'Connor St.</com:street1>
            <com:street2>Ground Floor</com:street2>
            <com:city>Ottawa</com:city>
            <com:stateOrCountry>A6</com:stateOrCountry>
            <com:zipCode>K2P 2L8</com:zipCode>
          </address>
        </sellerDetails>
        <securitiesClassTitle>Class A Subordinate Voting Shares</securitiesClassTitle>
        <saleDate>07/31/2023</saleDate>
        <amountOfSecuritiesSold>28</amountOfSecuritiesSold>
        <grossProceeds>1883.96</grossProceeds>
      </securitiesSoldInPast3Months>
      <securitiesSoldInPast3Months>
        <sellerDetails>
          <name>Harley Finkelstein</name>
          <address>
            <com:street1>151 O'Connor St.</com:street1>
            <com:street2>Ground Floor</com:street2>
            <com:city>Ottawa</com:city>
            <com:stateOrCountry>A6</com:stateOrCountry>
            <com:zipCode>K2P 2L8</com:zipCode>
          </address>
        </sellerDetails>
        <securitiesClassTitle>Class A Subordinate Voting Shares</securitiesClassTitle>
        <saleDate>08/24/2023</saleDate>
        <amountOfSecuritiesSold>3308</amountOfSecuritiesSold>
        <grossProceeds>186942.03</grossProceeds>
      </securitiesSoldInPast3Months>
      <securitiesSoldInPast3Months>
        <sellerDetails>
          <name>Harley Finkelstein</name>
          <address>
            <com:street1>151 O'Connor St.</com:street1>
            <com:street2>Ground Floor</com:street2>
            <com:city>Ottawa</com:city>
            <com:stateOrCountry>A6</com:stateOrCountry>
            <com:zipCode>K2P 2L8</com:zipCode>
          </address>
        </sellerDetails>
        <securitiesClassTitle>Class A Subordinate Voting Shares</securitiesClassTitle>
        <saleDate>08/30/2023</saleDate>
        <amountOfSecuritiesSold>2396</amountOfSecuritiesSold>
        <grossProceeds>141226.23</grossProceeds>
      </securitiesSoldInPast3Months>
      <securitiesSoldInPast3Months>
        <sellerDetails>
          <name>Harley Finkelstein</name>
          <address>
            <com:street1>151 O'Connor St.</com:street1>
            <com:street2>Ground Floor</com:street2>
            <com:city>Ottawa</com:city>
            <com:stateOrCountry>A6</com:stateOrCountry>
            <com:zipCode>K2P 2L8</com:zipCode>
          </address>
        </sellerDetails>
        <securitiesClassTitle>Class A Subordinate Voting Shares</securitiesClassTitle>
        <saleDate>08/31/2023</saleDate>
        <amountOfSecuritiesSold>26</amountOfSecuritiesSold>
        <grossProceeds>1690.60</grossProceeds>
      </securitiesSoldInPast3Months>
      <remarks>Aggregate market value calculated using August 31, 2023 closing price of $66.49 per share. Number of shares outstanding as of July 28, 2023.</remarks>
      <noticeSignature>
        <noticeDate>09/05/2023</noticeDate>
        <signature>Harley Finkelstein</signature>
      </noticeSignature>
    </formData>
  </edgarSubmission>
metadata_documents: [{"type": "144", "sequence": "1", "filename": "primary_doc.xml", "secsgml_size_bytes": 7642}]
text: 144
  0001962730
  XXXXXXXX
  LIVE
  0001594805
  SHOPIFY INC.
  001-37400
  151 O'CONNOR STREET
  GROUND FLOOR
  OTTAWA
  A6
  K2P 2L8
  613-241-2828
  Finkelstein Harley
  Officer
  Class A Subordinate Voting Shares
  Solium Capital Inc.
  Suite 1500
  600-3rd Ave., SW
  Calgary
  A0
  T2P 0G5
  3223
  214297.27
  1203499789
  09/05/2023
  NYSE
  Class A Subordinate Voting Shares
  09/05/2023
  Exercise of options
  Issuer
  N
  3223
  09/05/2023
  Exercise of options
  N
  Harley Finkelstein
  151 O'Connor St.
  Ground Floor
  Ottawa
  A6
  K2P 2L8
  Class A Subordinate Voting Shares
  06/30/2023
  39
  2520.06
  Harley Finkelstein
  151 O'Connor St.
  Ground Floor
  Ottawa
  A6
  K2P 2L8
  Class A Subordinate Voting Shares
  07/13/2023
  7750
  535000.00
  Harley Finkelstein
  151 O'Connor St.
  Ground Floor
  Ottawa
  A6
  K2P 2L8
  Class A Subordinate Voting Shares
  07/14/2023
  2750
  195250.00
  Harley Finkelstein
  151 O'Connor St.
  Ground Floor
  Ottawa
  A6
  K2P 2L8
  Class A Subordinate Voting Shares
  07/31/2023
  28
  1883.96
  Harley Finkelstein
  151 O'Connor St.
  Ground Floor
  Ottawa
  A6
  K2P 2L8
  Class A Subordinate Voting Shares
  08/24/2023
  3308
  186942.03
  Harley Finkelstein
  151 O'Connor St.
  Ground Floor
  Ottawa
  A6
  K2P 2L8
  Class A Subordinate Voting Shares
  08/30/2023
  2396
  141226.23
  Harley Finkelstein
  151 O'Connor St.
  Ground Floor
  Ottawa
  A6
  K2P 2L8
  Class A Subordinate Voting Shares
  08/31/2023
  26
  1690.60
  Aggregate market value calculated using August 31, 2023 closing price of $66.49 per share. Number of shares outstanding as of July 28, 2023.
  09/05/2023
  Harley Finkelstein