Lightspeed meets revenue expectations, but stock drops on Q2 earnings
Montréal retail tech company’s shares are down nearly 15 percent YTD.
Retail
Shopify posts $462-million USD net income, but stock falls on narrow Q3 revenue miss
As e-commerce giant bets on agentic shopping, merchant sales fall slightly short of analyst estimates.
Solink raises more than $100 million USD to help physical stores keep an eye on their business
Ottawa company wants to expand beyond video surveillance into broader business intelligence for the physical world.
E-commerce platforms Cymax and CommerceBear reportedly shut down
Both e-commerce platforms had roots in furniture market rocked by post-COVID consumer spending slump.
UniUni go-public deal falls through as SPAC terminates agreement
MAK Acquisition Corp claims UniUni made an “incurable” breach by losing too much money.
Shopify CTO Mikhail Parakhin to depart after two years
Parakhin, who helped Shopify “level up” in engineering and ML, is transitioning to advisor.
Reactiv acquires US-based competitor Kin
Acquisition brings in brands like Steve Madden and Chubbies, following startup’s unannounced seed extension round.
Shopify buys shop.com domain
With potentially lucrative purchase, e-commerce giant appears to be shoring up its branding.
UniUni seeks new round of private funding as SPAC deal falters
Delivery company enters term sheet with existing investor after MAK Acquisitions challenges deteriorating finances.
Shopify becomes OpenAI’s first e-commerce partner with ChatGPT Ads integration
Integration allows merchants to sync storefronts and advertise directly inside ChatGPT in the US.
Tailwind finds “stable, long-term home” with Shopify acquisition
E-commerce giant brings the popular web development framework’s team in-house.
How Dedicatted is taking retail AI beyond the pushy bot
Dedicatted’s bilingual assistant for Taw9eel drives discovery, conversion and customer trust.
Ssense to open US warehouse to avoid tariffs on its largest market
Embattled luxury e-commerce platform will maintain Canadian fulfillment centre and headquarters.
“The problem is me”: Bunz owner brings in Gen Z pranksters to save dying platform
Firat Eren plans to make TikTok twinfluencers Martin and Josip Kristo the new face of the company.
Convictional to shut down, return investor money, after AI-era pivot falls short
Former B2B e-commerce startup says it couldn’t find enough customers for its Slack alternative.