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Saskatchewan startup beats out Shopify as POS behind cannabis retailers (BETAKIT)
With Ontario’s PC government deciding on a private model for its brick-and-mortar retail cannabis stores, a Saskatchewan startup is now coming out on top.
Restaurant website builder BentoBox raises $16.4M (TECHCRUNCH)
BentoBox, which helps restaurant owners build mobile-friendly websites, has raised $16.4 million in Series B funding.
Inside Shopify’s vision of an e-commerce system to rival Amazon (FINANCIALPOST)
The Canadian tech star wants to save commerce from the ‘800-pound gorilla’ that is Amazon and give it back to the little guy.
OSMO, L’Oréal Canada launch open innovation program in Montreal (BETAKIT)
Non-profit OSMO and L’Oréal Canada have announced the launch of an open innovation program focused on growing the Montreal startup ecosystem.
British beauty industry booking startup Shedul raises $20 million at a $105 million valuation(TECH.EU)
The company, which has customers in 120 countries with a focus on the markets of the US, the UK, Australia and Canada, stated that its SaaS platform currently facilitates 8 million appointments every month.
GoDaddy acquires Sellbrite to launch cross-marketplace tools (TECHCRUNCH)
GoDaddy is making it easier for small businesses to list their products across Amazon, eBay, Etsy, Jet and Walmart.com with the launch of GoDaddy Marketplaces.
Walmart buys startup Polymorph Labs to boost its new advertising business
(SILICONANGLE)
The idea, as always within advertising, is to help advertisers deliver more relevant ads to people using Walmart’s online shopping websites.
Jumia’s stock is soaring on its first day of trading on the New York Stock Exchange (QZ)
Jumia, the largest e-commerce company on the continent with operations in 14 countries, is the first Africa-focused tech company to launch on NYSE or any major global exchange.
Cashierless Amazon Go stores are planning to accept cash (TECHCRUNCH)
Will they actually staff their cashierless stores with a cashier, or will they go the self-checkout route, where a machine takes the cash payment through inserted bills and then dispenses change?
Amazon’s Jeff Bezos challenges other retailers to increase wages (CBC)
Amazon’s Jeff Bezos challenged other retailers to raise wages and improve benefits for their employees, saying the competition will help everyone.
Singapore’s rewards app ShopBack raises $45m led by EV Growth, Rakuten
(DEALSTREETASIA)
According to a statement, ShopBack will deploy the new funds into simplifying shopping experiences, expanding data capabilities, and accelerating market growth.
Dote raises $12M and introduces live-streamed Shopping Parties (TECHCRUNCH)
With Shopping Party, they’re taking center stage — the feature allows them to share live video while browsing different products on Dote and chatting with fans.