Lightspeed surpasses $1 billion USD in revenue in fiscal 2025 but shares conservative outlook
Lightspeed posted nearly $54 million in adjusted EBITDA as it continues to execute transformation plan.
Retail
Why Faire’s co-founder wants to bring Silicon Valley’s DNA to Canada
Faire’s Chief Architect fell in love with Canada. Now he’s selling his new home to the rest of the world.
Katherine Homuth launches “organizational memory” startup as SRTX secures new interim CEO and financing
Homuth stepped down as CEO of SRTX in March as part of a pending fundraising deal.
Shopify stocks surge after company says it will join Nasdaq 100 index
The e-commerce giant will become a reference point for investors.
Shopify posts solid Q1 2025 earnings amid trade war but anticipates slight profit dip
CFO says closing of de minimis exemption for Chinese goods not expected to have short-term “meaningful impact.”
Dozr founding CEO Kevin Forestell moves to chair while Dave Frazier joins as president
Frazier brings combo of construction and tech experience to Kitchener-Waterloo scaleup.
Shopify rolls back $1-million USD revenue exemption for app developers
Pandemic policy rollback means exemption will only apply to first $1 million of lifetime revenue.
Antler Canada adds former Quandl CEO Tammer Kamel as VC firm gears up for Fund II
Kamel to lead Fund II with fellow GP Bernie Li and newly promoted associate partner Shambhavi Mishra.
How does an online car retailer survive a trade war?
Clutch found a new gear after a post-pandemic lull, just in time for tariffs to hit.
Prime Minister Mark Carney almost worked at Shopify: former exec
Former CPO Craig Miller says Carney offered president role in 2020, but turned it down for Brookfield.
Frank And Oak selling brand, closing all stores following second insolvency filing
Embattled retailer with ties to Montréal tech set to shutter stores on May 18.
Canadian-founded Fluent Ventures bets on global startups with $40-million USD early-stage VC program
Fluent sees Canada as “a core geography” as firm eyes innovation beyond Silicon Valley.
Online car retailer Clutch taps former Properly CEO Anshul Ruparell as CFO
Ruparell has spent the last year serving on Clutch’s board of directors.
Shopify, Lightspeed lead Canadian tech stock surge after US pauses universal tariffs
President Trump’s off-the-cuff social post spurs tech stock rally, reversing last week’s rout.
Shopify CEO Tobi Lütke tells employees to prove AI can’t do the job before asking for resources
The e-commerce giant expects AI to be used in prototyping, and adds AI evaluation to performance review.