R|T: The Retail Times – Shopify takes TikTok shopping

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

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#paid secures $18.9 million CAD Series B round to capitalize on the exploding creator economy (BETAKIT)

“Every major consumer brand today is being built with creators at the core, but the world of brand and creator collaboration is still super messy and broken.”


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Attabotics files patent infringement claim against Boston-based Urbx (BETAKIT)

Attabotics’ complaint, obtained by BetaKit, alleges that Urbx has and continues to infringe two patents held by Attabotics.

Cannabis e-commerce startup Jane Technologies raises $100M after stellar growth (TECHCRUNCH)

Jane Technologies expects to use the additional capital to grow its digital footprint and its teams across multiple areas of operations.

Shopify, TikTok expand partnership to allow shopping directly through social app (BETAKIT)

Shopify first began partnering with TikTok last fall, allowing United States (US)-based Shopify merchants to advertise and sell products on TikTok’s video-sharing platform directly through Shopify.

Rivian files for IPO, seeking about $80 billion valuation (BNN BLOOMBERG)

A listing at the valuation Rivian is pursuing would be one of the biggest-ever market debuts for an auto company.

How much do retail tech execs get paid? (SIFTED)

Sifted looks into the salaries of 2k retail tech exec candidates — and how they compare globally.

Plentywaka raises $1.2 million, acquires Stabus (BETAKIT)

Plentywaka, which was founded in Lagos in 2019 but is currently headquartered in Toronto, offers a mobile bus-booking app that serves 21 cities across Nigeria with daily rides and road travel ticketing services.

Chicago: DoorDash, Grubhub mislead restaurants, customers (AP NEWS)

The city officials believe their lawsuits against the delivery companies are the most sweeping of their kind brought by a city.

Acquisition roundup: Semios, Lone Wolf, Pluribus, Graph Blockchain, Frenter, NestReady (BETAKIT)

Halifax-based online rental marketplace Frenter has acquired Calgary’s Rentbridge, while Denver real estate software company Homebot has acquired Montréal’s NestReady for an undisclosed amount.

Insiders reveal what it’s really like working at Amazon when it comes to hiring, firing, performance reviews, and more (BUSINESS INSIDER)

Insider is investigating Amazon’s workplace amid a major effort to unionize the company.

Shopistry secures $2 million to fuel the shift to headless commerce (BETAKIT)

According to TechCrunch, Shopistry plans to use the fresh capital to fuel its product development efforts and hire more sales and marketing employees.

Tim Cook’s Apple, ten years later (THE VERGE)

Looking back at a decade without Jobs — Apple’s biggest decade ever.

iQmetrix acquires Shiftlab (BETAKIT)

iQmetrix told BetaKit that the company has a history of incubating new business ideas organically, adding that this acquisition “is an extension of this strategy.”

Peloton investors face a new reality as fitness company’s costs eat into profits (CNBC)

Many expected to see the connected fitness equipment maker report slowing sales during the summer months.

Josh Scott

Josh Scott

Josh Scott is a BetaKit reporter focused on telling in-depth Canadian tech stories and breaking news. His coverage is more complete than his moustache.

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