Magento is an open-source e-commerce CMS which is built in PHP. It is most popular for the e-commerce website. It uses multiple other PHP frameworks such as ZEND, Laminas, and Symfony.
Magento is also specially designed for online sellers who need a simple e-commerce store. It is free to all so anyone can create their own website. Magento is easy to install, easy to customize, and easy to scale, and this makes it a popular choice for all sorts of companies, from small businesses to huge multinationals.
Magento was acquired by Adobe Inc in May 2018 for $1.68 Billion USD.