Shopify invests in US-based e-commerce analytics aggregator Triple Whale
byTriple Whale helps Shopify merchants unify business metrics into one dashboard.
retail
After selling startup to Instacart, New School Foods founder raises $15.9 million CAD to create plant-based meat
byToronto startup’s tech can produce plant-based salmon fillets.
Lightspeed one-time net loss of $814.8 million USD sends Groundhog Day signal: six more weeks of tech winter
byLightspeed makes slight revenue gain but faces recessionary pressures in the marketplace.
R|T: The Retail Times – Shopify loses third C-Suite exec since September
byPlus: Tiny Capital enters deal to go public.
RocketRez closes $20 million CAD Series B to fuel European tourism expansion
byCEO: “We’re a little company in Manitoba taking on the world.”
Shopify CTO Allan Leinwand to depart company, citing “personal reasons”
byCEO Tobi Lütke to also lead R&D as Shopify loses third C-Suite exec since September.
R|T: The Retail Times – Why everyone is making layoffs—except Apple
byPlus: Inside the battle for the future of Amazon.
Tiny enters deal to go public on TSXV through merger with WeCommerce
byTiny created WeCommerce in 2019 to acquire Shopify partner businesses.
Layoffs spread to Clutch, Canada Drives as online auto marketplaces gear down
byClutch cut approximately 65 percent of its staff.
After navigating “major” changes to restaurant industry, Notch closes $13.7 million CAD to fuel pivot to FinTech
byCEO: “When you have to pivot in COVID, that’s a challenging place to be.”
R|T: The Retail Times – Shop Pay vs. ‘Buy with Prime’ begins
byPlus: TikTok Parent ByteDance’s E-Commerce Volume Surged in 2022.
Lightspeed to lay off 300 employees as it targets “profitable growth”
byLightspeed says layoffs aim to streamline operations, “unify” acquisitions.
R|T: The Retail Times – Shopify targets enterprise retail with new commerce stack
byPlus: Amazon plans more layoffs.
GoBolt lays off five percent of staff shortly after $75 million raise, citing worsening consumer demand
byWith cuts, GoBolt shifts focus away from SMBs to mid-market, enterprise merchants.
