Magento

Common card · No. 226820

Magento is an open-source e-commerce platform written in PHP. Magento source code is distributed under the Open Software License. Magento was acquired by Adobe Inc in May 2018 for $1.68 billion. More than 150,000 online stores have been created on the platform. The platform code has been downloaded more than 2.5 million times, and $155 billion worth of goods were sold through Magento-based systems in 2019. As of April 2021, Magento holds a 2.32% market share in global e-commerce platforms. Roy Rubin, the former CEO of Varien, sold a share of the company to eBay, which eventually completely acquired and then sold the company to Permira in 2015; Permira later sold it to Adobe.

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