Magento, written in PHP and based on Zend Framework, is an e-commerce platform owned by Adobe. It was introduced in 2008 as an open-source ecommerce development platform; later, it came out with various editions including, community, PaaS-based and complete enterprise versions.
Magento’s development is based on open source technology. You can use it both as Magento Open Source, with reduced capabilities, or Magento Commerce, with full features. You can also upgrade from open source to the paid version.
Magento powers about 1% of the internet, which is impressive considering that it is a platform used exclusively for commerce. Its usage has been consistently growing since 2011, being the second most popular e-commerce platform in the world. This platform handles over $155 billion transactions each year, with more than 250 000 businesses using this software to perform their sales.
This platform allows online merchants to control the appearance and functionality of their online store and offers a flexible shopping cart system.