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.
Ottawa
Shopify makes investment in Hong Kong startup WATI’s $23 million Series B round
WATI represents Shopify’s first investment in a Southeast Asian firm, but not in customer relations.
The BetaKit Keynote Stage returns to SAAS NORTH 2022
1Password, Coveo, Paddle CEOs, OMERS, Georgian, Bessemer VCs headline the stage November 16-17.
Payments Canada delays Real-Time Rail payment system launch (again)
PayTechs of Canada executive director calls process “disappointing” and “absurd.”
L-SPARK selects six startups for latest B2B SaaS accelerator cohort
Cohort participants’ tech range from identity verification to same-day delivery management.
Bootstrapped to date, Field Effect closes $41 million CAD Series A to expand SME-focused cybersecurity business
Led by a former Communications Security Establishment researcher, Ottawa firm plans to invest in sales and marketing.
Shopify reemphasizes brick-and-mortar with new mobile POS hardware
Shopify says offline retail is ”all the way back.”
Giatec receives $5 million from BDC Capital’s Cleantech Practice to bolster concrete testing tech
Giatec’s clients include construction firms like AECOM, McCarthy.
Shopify rolls out new employee compensation system to recruit, retain talent amid stock slump
Flex Comp took effect September 1, following a delay Shopify attributed to regulatory considerations.
Shopify swaps CFO, COO amid financial downturn
CFO to exit following third quarter earnings report.
Shopify plans to contest $40 million Express Mobile patent infringement verdict
Express Mobile has also sued Google, Meta, and Amazon for infringing its patents.
Supply chain analytics SaaS startup Lytica secures over $13 million in Series A round
Lytica uses AI to help companies reduce costs and mitigate risks in their supply chain.
Five months in, details on Canada’s new Innovation and Investment Agency remain sparse
What’s the feds’ plan? Only Dan Breznitz seems to know.
SAAS NORTH unveils speaker lineup for 2022 conference
Presenters include executives from Shopify, Unbounce, Hootsuite, Wattpad.
Shopify launches ‘Collabs’ to directly connect creators with merchants
The program lets creators monetize and give merchants a new sales channel.