Xero appoints Canadian native Sukhinder Singh Cassidy as new CEO
Xero’s newest leader had exec positions at Google, Stubhub, Polyvore.
Markets
Q4 Inc. CEO confident in 2023 profitability despite continued slow growth
M&A, delistings, frigid IPO market have impacted Q4 Inc’s customer retention, expansion.
Market watch: Lightspeed, Nuvei increase revenues but reports lead shares to fluctuate
Lightspeed’s share price dropped after the report was tabled.
Snowflake opens Toronto HQ, engineering hub to expand investment in Canada
Billion-dollar US company makes it snow early in Toronto.
Mogo at risk of being delisted from Nasdaq for sub-$1 USD share price
The Vancouver FinTech startup has 180 days to get over $1 USD.
After two quarters of sluggish growth, Shopify increases revenues in Q3 2022, but eyes future quarters for road to recovery
Shopify share price rises along with reports of increased revenues in third quarter results.
WonderFi swaps CEOs, plans hedge against crypto volatility with stock trading and sports betting
New CEO brings operational experience as WonderFi looks to diversify beyond crypto to find new revenue streams.
Lightspeed promotes CRO JD St-Martin to president as leadership overhaul continues
JD St-Martin joined Lightspeed in 2019 through its acquisition of Chronogolf.
Metaverse startup TerraZero seeks TSX-V listing through reverse takeover
TerraZero is owned by the parent company of crypto trader Netcoins.
Right-wing video site Rumble begins trading on Nasdaq via SPAC deal
The Toronto video-sharing platform attracts an audience of mostly right-leaning viewers.
WELL Health among few tech companies to crack TSX30 amid sector downturn
Last year’s top performing companies included the likes of Shopify and Goeasy.
D2L increases revenues as it tries to buck market downturn
Despite increases, CEO says growth slower than expected.
Q4 Inc. lays off eight percent of staff to accelerate “path to profitability”
Restructuring impacts the company’s sales, marketing, R&D teams.
Brüush Oral Care closes Nasdaq IPO with $15.5 million
Brüush missed its initial IPO target by $1.75 million.
Shopify launches ‘Collabs’ to directly connect creators with merchants
The program lets creators monetize and give merchants a new sales channel.