Amazon biggest threat to businesses on planet: Shopify CEO
On being asked how big a threat Amazon is to Shopify, the e-commerce firm's CEO Tobias Lutke has said, "Amazon is the biggest threat to every business on the planet." Adding that Amazon is "the most powerful and agile and probably ambitious company in the world", Lutke also said he's "welcoming competition" and is confident in Shopify's ability to adapt.