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Magento is an open-source platform that helps programmers create eCommerce websites, released on March 31, 2008, by Varien and developed on Zend Framework. In 2008, Adobe acquired Magento with a price of $1.68 billion to complete their commerce loop. There are about 270,000 eCommerce websites running on Magento in 2022.
Here are some common alternative platforms for eCommerce businesses: BigCommerce, Shopify, Wix eCommerce, Squarespace Commerce, WooCommerce, Zen Cart, Open Cart, PrestaShop.
Over 10,000 customers already installed Magestore POS for their Magento websites. Many of them switched from WooCommerce, Shopify,... Most of them say Magento is more speedy and customizable than others. It is suitable for medium-large enterprises or fast-growing businesses with complex requirements.