The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe.
Subscribe to R|T using the form at the bottom of this page to ensure you don’t miss out on the most important retail tech news every week!
Shopify is the latest company to join Libra Association, Facebook’s new cryptocurrency initiative.
A new accelerator program focused on addressing the financial needs of Canadians is kicking off its inaugural cohort, and two of the four attendees are Calgary-based companies.
Amazon may have a market cap of more than $1 trillion, but Finbarr Taylor, CEO of Y Combinator-backed startup Shogun, said the e-commerce giant is “kind of dropping the ball.”
Teikametrics raises $15M in funding(FINSMES)
Teikametrics, a Boston, MA-based SaaS provider of AI-powered optimization for brands and sellers on Amazon and Walmart, closed a $15m strategic funding.
The company’s customers dropped from about 557,000 at the end of 2018 to 351,000 a year later — that’s a drop of nearly 37 percent in the space of a year.
It sounds like Liquid Death has won over investors with its promise to “murder your thirst.” The startup is announcing that it’s raised $9 million in Series A funding.
MaxWholesale says it has partnered with over 150 fast-moving consumer goods companies to help kirana stores discover the best price and scheme to buy products for selling.
Spokane, Wash. e-commerce company etailz, which helps brands sell on huge platforms run by companies such as Amazon, Walmart and eBay, just raised $25 million.
Despite the rapid growth of e-commerce in India, Southeast Asia and other emerging markets, the vast majority of retail transactions there still happen offline in small stores that also serve as neighborhood hubs.
MandiExpress takes a data-driven approach to fulfillment of B2B and B2C fresh produce orders.
Trax offers vision and analytics solutions for retail whereas Qopius provides AI-based in-store technology solutions. Both companies are focussed on digital retailing services.