R|T: The Retail Times – E-commerce booms, Shopify accelerates

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Ritual, City of Toronto partner to provide free ordering tool to local foodservice businesses (BETAKIT)

The City of Toronto is partnering with food ordering and pickup app Ritual to offer local businesses a tool that helps them accept digital orders online.

As e-commerce booms during the pandemic, Shopify accelerates (TECHCRUNCH)

If you track Shopify’s stock price over the last six months, the argument appears to hold up; the cloud’s pandemic boom isn’t confined to remote-work tooling like Slack and Zoom.

Fresh Prep raises $7 million Series A as it tracks increased interest amid pandemic (BETAKIT)

Vancouver-based meal kit delivery service Fresh Prep has raised a $7 million CAD Series A round.

Austin AI startup raises millions for restaurant ordering technology (AUSTIN INNO)

ConverseNow Technologies Inc., an Austin startup that uses artificial intelligence to help restaurants automate and personalize customer orders, has closed a $3.25 million seed funding round.

Facedrive looks to acquire Foodora Canada assets as it launches food delivery service (BETAKIT)

Facedrive has signed a binding term sheet that could see the ridesharing startup purchase certain assets of food delivery company Foodora.

DispatchTrack raises $144 million to optimize delivery routes with AI (VENTUREBEAT)

CEO Satish Natarajan says it will be used to support product research and development, as well as business, segment, and geographic expansion.

Shopify bringing Tap & Chip Card Reader to Canada (BETAKIT)

Shopify is set to make its contactless payments hardware, Shopify Tap & Chip Card Reader, available to Canadian merchants.

Milan-based inVRsion, virtual reality startup, raises €3 million (EU STARTUPS)

Italian-based inVRsion, a virtual reality startup serving the retail industry, has raised €3 million in its third and overscribed funding round, which was closed on 30 April.

City leading Toronto tech initiative to get local small businesses online (BETAKIT)

The City of Toronto and Digital Main Street are launching an initiative aimed to build online stores for Toronto businesses and artists at no cost.

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.

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