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Shopify expands payment options for US merchants through partnership with Alipay (BETAKIT)
Shopify has partnered with major Chinese digital wallet platform Alipay to expand its payment options for merchants based in the United States.
How to Beat Silicon Valley at its Own Game with Expensify CEO David Barrett
On the #CIBCInnovationEconomy podcast series, CEO David Barrett admits he never planned to get into the expense management space. But by saying yes to opportunities, he built Expensify into a successful innovation economy.
Metro expands online grocery offerings as e-commerce sales jump 160 per cent (TORONTO STAR)
Metro Inc., one of the country’s top three grocery retailers, is expediting its push into online food ordering and home delivery, as e-commerce grocery sales continue to beat expectations.
Buy now, pay later? Instalment payment services for online shopping come to Canada (CBC)
Instalment payment firms can offer lower rates and fees, but they can have their drawbacks.
Aquatic Informatics CEO Ed Quilty on why entrepreneurs should fake it till they make it (BETAKIT)
On the #CIBCInnovationEconomy series podcast, CEO Ed Quilty shares Aquatic Informatics’ growth story and what he has learned about entrepreneurship.
Wish IPO prospectus reveals heavy risks tied to e-retailer’s reliance on China (CNBC)
Revenue in the third quarter rose 33%, and the company said many shipments are still delayed because of supply chain disruptions related to the coronavirus pandemic.
Shopify stands to cash in on future IPO of U.S. FinTech Affirm (THE GLOBE AND MAIL)
Affirm revealed that in July, it gave Shopify warrants to purchase up to 20.3 million of its shares for a penny each.
Senate passes new rent relief program, June extension of wage subsidy (BETAKIT)
Changes to the Canada Emergency Wage Subsidy and the introduction of the Canada Emergency Rent Subsidy program were passed into law today by the Senate.
Amazon launches online pharmacy in new contest with drug retail (REUTERS)
Called Amazon Pharmacy, the new store lets customers price-compare as they buy drugs on the company’s website or app.
Canadian grocer lets shoppers browse and click virtual aisles (GROCERY DIVE)
Shoppers can access the 3D experience through the Inabuggy app or website, where each aisle has several shortcuts to find exact products from a list of available options.
BDC survey reveals impact of COVID-19 on entrepreneurs’ mental health (BETAKIT)
A new report from BDC has revealed more data on the COVID-19 pandemic’s alarming impact on entrepreneurs.