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Lightspeed to begin trading on the New York Stock Exchange (BETAKIT)
Lightspeed stock is set to begin trading on the New York Stock Exchange (NYSE) today. Approval from the NYSE came Thursday, just one day after the Montréal-based e-commerce company announced that it had filed to list on the United States exchange.
Xometry raises $75M Series E to expand custom manufacturing marketplace (TECHCRUNCH)
Xometry, a seven-year-old startup based in Maryland, has built an online marketplace where companies can find manufacturers across the world with excess capacity to build whatever they need.
Lightspeed CEO sets sights on growing omnichannel, payment offerings with NYSE listing (BETAKIT)
Lightspeed is hoping to take advantage of the intensified shift to omnichannel, and e-commerce due to COVID-19 with its recent New York Stock Exchange listing.
Amazon accused of price gouging on essential items in early days of pandemic (CBC)
A report by Washington-based Public Citizen claims that Amazon hiked prices on many essential items in March and April, adding mark-ups of up to 1,000 per cent on some basic items.
E-commerce startup Mobify to be acquired by Salesforce (BETAKIT)
Mobile commerce startup Mobify has signed a definitive agreement to be acquired by customer relationship management software company Salesforce.
Amazon opening two new fulfillment centres in Hamilton and Ajax, Ontario (MOBILESYRUP)
The online retailer says the new centres will create more than 2,500 new jobs in the areas. These centres will bring Amazon’s total to 10 fulfillment centres in Ontario and 16 in Canada.
Brüush raises $6.5 million Series A as it looks to disrupt oral care market (BETAKIT)
Brüush, a Vancouver-based e-commerce and direct-to-consumer toothbrush startup, has raised $6.5 million in Series A financing.
Sobeys parent Empire sees profit surge, says cook-at-home trend continues even as economy reopens (THE GLOBE AND MAIL)
Sobeys parent company Empire Co. Ltd. is continuing to see profits surge, with people staying closer to home and cooking for themselves more often through the COVID-19 pandemic.
Government extends COVID-19 business rent relief program through September (BETAKIT)
The federal government has extended the Canada Emergency Commercial Rent Assistance (CECRA) by one month.
The business model that could save fashion — and why it isn’t everywhere (FAST COMPANY)
The pandemic is ravaging the business of fashion. So why haven’t more brands embraced on-demand manufacturing?
Interac’s Debbie Gamble and futurist Amy Webb talk shifting tech trends September 17 (BETAKIT)
Interac will host futurist Amy Webb in an online event on September 17. The event is free of charge to all who wish to attend.