What is Magento? Magento Review

Features

Magento is a professional open source e-commerce platform, developed in PHP and using the Zend Framwork framework. It is designed to be very flexible, with a modular architecture system and rich functions. It is easy to integrate seamlessly with third-party application systems. In terms of design, it is quite comprehensive, with a modular architecture system, making the application combination quite flexible and rich in functions. In order to open up profit channels, Magento also has a paid enterprise version, and actively seeks cooperation and third-party integration tools, such as electronic payment platforms.

Introduction to basic platform functions

Product management, including product catalog navigation, product display, virtual product management, product comparison, product import and export, etc.

Order management, including online transactions, virtual product transactions, payment gateway integration, backend order management, etc.

Promotion management, including coupon promotion, discount promotion, gift promotion, points promotion, etc.

Content management, including content management system, page template management, review & publishing, etc.

User module, including personal data management, product/brand collection, common address management, points management, order management, etc.

The financial module includes third-party payment platform docking, various reports, etc.

Function

Magento officially began development in early 2007. Seven months later, on August 31, 2007, the first public beta was released.

On November 17, 2015, the new version of Magento 2.0 can be downloaded and used on the Magento website. It supports multiple languages, unified management of multiple store platforms, and has a rich modular architecture system and rich expansion functions. Its professional open source nature makes it extremely good in third-party system integration.

Magento Commerce was released on April 11, 2016. The latest supported versions of Magento Commerce, released on May 31, 2017, are EE 1.14.2.4 and EE 2.2.0.

history

The company was owned by eBay between 2011 and 2015, when it became an independent company and part of the X.Commerce business unit.

On November 2, 2015, private equity firm Permira announced the acquisition of Magento Inc.

In May 2018, Adobe announced that it would acquire Magento Commerce for $1.68 billion, a deal that will help strengthen its experience cloud business, which provides services such as analytics, advertising and marketing. The transaction is expected to be completed in Adobe's third fiscal quarter of June to August 2018.

Awards

Magento won SourceForge's 2008 Best New Project Award.

Recognized as the leading commerce platform in the Internet Retailer Top 1000, B2B 300 and Europe 500 lists in 2017

Financing

In March 2010, Magento received $20 million in its first round of equity financing.