R|T: The Retail Times – Going public at Lightspeed

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

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Digital Main Street


betakit

Lightspeed files for anticipated IPO

Lightspeed intends to raise $200 million in stocks and hopes to achieve a market valuation of more than $1 billion.


Digital Main Street

DMS Recommends: Still sharing passwords? Yikes! Time to train your employees on security basics

The most dangerous scams are those that look genuine. Be wary of senders, even someone you know or a company you trust.


techcrunch

Chinese e-commerce challenger Pinduoduo is raising over $1 billion more

Pinduoduo adds a social twist to e-commerce by offering discounts for shoppers who gang up with friends or family to make group orders.


mashable

Amazon reportedly rethinking HQ2 in New York City

Sources “familiar with the company’s thinking” say the the reassessment comes following local opposition from politicians and activist groups.


bk

Canadian startup, ClickDishes, partners with Chinese payment platform Alipay

Vancouver-based ClickDishes is working with Alipay, a major digital payment platform in China, to allow users to order food directly through Alipay’s app.


techcrunch

Retail technology platform Relex raises $200M from TCV

Relex focuses on retail planning solutions by helping both brick-and-mortar as well as e-commerce companies make better forecasts of how products will sell using AI and machine learning, and in turn giving those retailers guidance on how and what should be stocked for purchasing.


finsmes

Rebag raises $25M in Series C funding

Rebag, a platform for buying an selling luxury bags, raised the funding from Novator, with participation from General Catalyst and FJ Labs.


techcrunch

Blue Apron hopes lower-cost meal kits, now on Jet in NYC, will help save its business

Blue Apron is introducing a lower-cost version of its meal kits, initially only for Jet.com shoppers in the greater New York City metro area. The new recipe kits, called “Knick Knacks,” still require refrigeration, but require customers to supply their own protein and produce to complete the meal.


bk

Aislelabs announces new Payment Wi-Fi feature for retail enterprises

Asilelabs’ Payment WiFi will allow businesses to charge customers for Wi-Fi access based on duration, data usage, and bandwidth allocation.


forbes

Cuyana raises $30 Million in one of the largest rounds for a female-founded fashion startup

The funding was led by H.I.G. growth partners.


cnet

How to use Warby Parker’s new AR feature to try on glasses

Unlike the Home Try-On option, where Warby Parker mails you five frames among a limited selection to test out, the Virtual Try-On feature is available for any pair of frames you find in the app.


techcrunch

By Humankind picks up $4M to rid your morning routine of single-use plastic

The funding was led by Lerer Hippeau, with participation from Red Sea Ventures, BoxGroup, SV Angel, Great Oaks, SoulCycle co-founder Elizabeth Cutler, and CPO of Adobe, Scott Belsky, among others.


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Amira Zubairi

Amira Zubairi

Amira Zubairi is a staff writer at BetaKit. As a fourth-year journalism student who has written primarily about entrepreneurship, Amira has developed a growing interest in Canadian startup, business, and tech news. In her free time, Amira enjoys reading, baking and watching legal shows.