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 donât miss out on the most important retail tech news every week!
Winnipeg-based Bold Commerce expands to Austin(BETAKIT)
Winnipeg-based Bold Commerce has announced it is expanding its business operations to Austin, Texas.
Digital For Good Summit gets real about the need for charities to adopt transformation(BETAKIT)
The Digital For Good Summit provided a clear message to charities regarding digital transformation: start small or start big, but you need to start.
Style Theory, a fashion rental startup in Southeast Asia, raises $15 million led by SoftBank Ventures Asia(TECHCRUNCH)
Founded in 2016 by Raena Lim and Chris Halim to counteract the waste created by fast fashion, Style Theory currently has more than 50,000 pieces of clothing and 2,000 designer bags in its inventory.
Shopify merchants generate $2.9 billion USD in sales over Black Friday, Cyber Monday(BETAKIT)
Shopify has released data collected on its merchants’ weekend sales for Black Friday and Cyber Monday, revealing over $2.9 billion in sales worldwide.
Vroom raises $254M in Series H funding(FINSMES)
Vroom, a NYC-based online used car retailer, raised $254M in Series H funding round.
Startup raises $1.2 million for alternative pet food protein development(PETFOOD)
Bond Pet Foods is using a proprietary method of cellular agriculture to grow high-quality animal proteins, such as chicken, turkey, beef, pork and fish.
Flipkart leads $60M investment in logistics startup Shadowfax(TECHCRUNCH)
Shadowfax operates an unusually built business-to-business logistics network in more than 300 cities in India.
Digital Technology, ScaleAI Superclusters reveal latest projects(BETAKIT)
Two Canadian Supercluster have announced new partnerships in recent weeks. Here’s the latest on who is doing what and where.
London-based Rapyd, a FinTech-as-a-Service platform, raises a further âŹ18 million(EU-STARTUPS)
The demand for Rapyd comes from e-commerce merchants, gig economy platforms, financial institutions, and technology providers all looking to enable highly localized customer experiences.
Flow raises $37M in Series B funding(FINSMES)
Flow, a Hoboken, NJ-based cross-border e-commerce solution for brands and retailers, raised $37M in Series B funding.
DLT Labs launches blockchain freight and payment network with Walmart Canada(BETAKIT)
Toronto-based blockchain startup DLT Labs is partnering with Walmart Canada to launch a blockchain-based freight and payment network.
Korean e-commerce leader Coupang hires Alberto Fornaro as its new chief financial officer(TECHCRUNCH)
Despite speculation that Coupang is working toward an IPO, founder and chief executive officer Bom Kim told TechCrunch that the company is focused on executing its growth strategy within Korea.