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 don’t miss out on the most important retail tech news every week!
G2 Crowd CEO invests $10 million USD in Ottawa-founded retail tech company ThreeKit
(BETAKIT)
ThreeKit’s solutions allow brands to move from static images to interactive 3D experience online, with features such as custom product designs, and product tours.
DMS Recommends: Digital Transformation Grant Program Interest Ramps Up Fast – Apply Today! (DMS)
Through the recently announced Digital Transformation Grant Program, there are 2,000 Digital Transformation Grants of $2,500 being awarded until March 2020 to qualifying main street small businesses to help them invest in digital technologies and training to compete and grow. Do not miss out on your opportunity to potentially receive a Digital Transformation Grant to assist your business! Apply today before they are gone.
Tiger Global just invested $18 million in Olo, a low-flying ordering platform for more than 50,000 fast-casual restaurants (TECHCRUNCH)
Olo, which sells it customizable tech stack as a subscription offering to its customers, is benefiting from numerous trends, including that people are increasingly eating restaurant food outside the establishments’ walls.
Tulip partners with Google Cloud to provide machine learning solutions for retail (BETAKIT)
The new Tulip solution will leverage Google Cloud Machine and Google BigQuery to make recommendations on when to connect with customers and how to engage with them.
The future of artificial intelligence in retail (BUSINESSINSIDER)
Business Insider Intelligence projects that AI will boost profitability in retail and wholesale by nearly 60% by 2035, setting off a wave of excitement and investment among companies.
It’s the golden age of traditional retail, not its end days (TECHCRUNCH)
“Smart consumption is blurring the boundaries of online and offline for retailers and customers alike.”
Michele Romanow, Drew Green, Endy co-founders highlight Dx3 2019 (BETAKIT)
This will be the first Dx3 since the event was acquired by IoT Events last year.
Meet Caper, the AI self-checkout shopping cart (TECHCRUNCH)
Caper wants to make eliminating checkout lines as easy as replacing their shopping carts while offering a more familiar experience for customers.
Singapore startup Pixibo raises follow-on funding from Indonesian investors (DEALSTREETASIA)
Pixibo is driven by an AI technology it calls Pi, which helps customers find and predict the most suited and most-liked items of clothing.
Following Sleep Country acquisition, Endy’s founders want to stay independent and Canadian (BETAKIT)
“We will continue making our mattress in Canada. That’s a really important part of our DNA.”
Fitness marketplace ClassPass buys Asian rival GuavaPass (DEALSTREETASIA)
With the acquisition, ClassPass now operates in over 80 markets across 15 countries and plans to launch in at least 50 new markets in 2019.
