Lightspeed one-time net loss of $814.8 million USD sends Groundhog Day signal: six more weeks of tech winter
Lightspeed makes slight revenue gain but faces recessionary pressures in the marketplace.
Lightspeed makes slight revenue gain but faces recessionary pressures in the marketplace.
Plus: Tiny Capital enters deal to go public.
CEO: “We’re a little company in Manitoba taking on the world.”
CEO Tobi Lütke to also lead R&D as Shopify loses third C-Suite exec since September.
Plus: Inside the battle for the future of Amazon.
Tiny created WeCommerce in 2019 to acquire Shopify partner businesses.
Clutch cut approximately 65 percent of its staff.
CEO: “When you have to pivot in COVID, that’s a challenging place to be.”
Plus: TikTok Parent ByteDance’s E-Commerce Volume Surged in 2022.
Lightspeed says layoffs aim to streamline operations, “unify” acquisitions.
Plus: Amazon plans more layoffs.
With cuts, GoBolt shifts focus away from SMBs to mid-market, enterprise merchants.
With the purchase, Descartes wants to increase its shipment management capabilities.
A Canadian management team will be established at Bird Global.