Magento is an open-source e-commerce platform written in PHP. The software was originally developed by Varien, Inc, a US private company headquartered in Culver City, California, with assistance from volunteers.
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Magento is an e-commerce platform built on open source technology that provides online shoppers with flexible shopping cart systems, as well as control over the look, content, and functionality of their online store
Magento, in simple terms, is an e-commerce development platform. You can develop your own e-commerce store with Magento. However, if you do not have the technical expertise then you can always look for a magento website development company which can help you in developing your e-commerce store.