R|T: The Retail Times – Cannabis market correction

The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe.

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BetaKit

Ample Organics makes layoffs as capital dries up in Canadian cannabis industry

Toronto-based cannabis software startup Ample Organics has made company-wide layoffs, reducing its staff by around 16 percent, BetaKit has learned.



My Frantic Life as a Cab-Dodging, Tip-Chasing Food App Deliveryman

Our reporter spent 27 hours as a rider for food-delivery apps. Two-thirds of his customers did not tip.


TechCrunch

Dataplor raises $2M to digitize small businesses in Latin America

There’s a gap forming in Latin America between the growing digital food delivery market and the number of businesses in the region that are actually online.


NYC startup Ethyca raises $4.2M for GDPR compliance solution

A New York-based data privacy software startup co-founded by Ireland’s Cillian Kieran has raised $4.2 million in seed funding.


Digital lending startup Indifi raises $21M in Series C funding round

The company also has additional investors like Accel India, Omidyar Network, Fair Finance Fund and Elevar Equity.


FlixMobility raises $561 million for intercity travel

FlixMobilty has sold more than 100 million tickets via its Uber-like mobile app, not only for its services but also for local transit, the company said.


Thailand’s aCommerce raises over $10M from KKR, others

The six-year-old firm plans to raise another $5 million by the end of this year as part of an extended Series B or early-stage funding round.


Standard Cognition raises $35 million to bring cashierless experiences to more stores

A checkout-free future might be closer than you think, thanks to startups like Standard Cognition.


TechCrunch

Raena raises $1.82 million to help influencers in Southeast Asia launch their own consumer brands

Raena partners with influencers, providing them with the resources to create products under their own branding.


London-based RevLifter raises €2.6 million to create personalized e-commerce deals and reduce cart abandonment rates

Founded in 2017, Revlifter has raised €2.6 million in a seed round led by a group of new and existing investors including Coutts.


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Caitlin Hotchkiss

Caitlin Hotchkiss

Content coordinator, social media smartypants, wordsmith, Human Workflow™. Exists primarily on coffee, cat pictures, German dance metal, and pro wrestling. I will fight for your right to the Oxford comma.