Canada's big threat to Amazon

E-commerce prodigy Shopify may just be Amazon’s biggest threat. At US$35.5 billion ($46.7 billion), the Ottawa-based company has surpassed eBay in market value as Amazon’s top competitor. While the American tech giant still dominates the market, Shopify’s speedy growth is giving Amazon a run for its money, says the CBC. The Canadian marketplace recently hit one million merchants, adding 180,000 in less than a year. Shopify says it isn’t looking to compete and will continue to focus on “what's best for our merchants."