South Korea’s neighbourhood buy-and-sell app Karrot hits one million Canadian users, builds Toronto tech hub
Karrot aims to expand North American presence with Ritual, GoodGood co-founder Robert Kim.
Retail
R|T: The Retail Times – Klarna joins growing BNPL trend, sunsets rewards program
Plus: The Amazon union movement reaches Québec.
R|T: The Retail Times – Who gets a raise inside Shopify’s employee scoring system?
Plus: How Amazon has been spying on rivals.
Zafin founder and CEO joins latest slew of #CDNtech executive turnover
Martello, Boast, and Illumin have also shuffled their leadership teams since the end of March.
Boom and goConfirm launch new products from experienced #CDNtech leaders
Ex-Shopify execs spice up remote meetings, while Wave alumni launch an AI scam detector.
Across-the-pond acquisitions: Descartes acquires ASD, HR Path acquires GroupeX
Descartes continues its acquisition spree while GroupeX joins HR Path’s growing Canadian portfolio.
R|T: The Retail Times – StubHub plans to test IPO market this summer
Plus: Meet Kas, Avidbots’ new cleaning robot for retail spaces.
Shein’s Canadian delivery partner UniUni secures nearly $70 million CAD
The last-mile service secured just over $45 million CAD in Series B funding last year.
Pinterest is on a Toronto hiring spree to scoop up AI talent
CTO Jeremy King says company aims to use AI and ML to make Pinterest more “shoppable.”
Avidbots launches Kas, a smaller cleaning robot targeting new markets
Avidbots has slimmed down for hot bot summer.
R|T: The Retail Times – Lightspeed makes first cuts since Dax Dasilva’s return
Plus: Nuvei to officially go private in $6.3B deal.
Major Canadian retailers choose Rivercity Innovations to keep things fresh with cold chain monitoring solution
Healthy Planet, Skip Express Lane latest editions to client base spanning US, Canada, and Spain.
R|T: The Retail Times – Why women in retail are leaving CEO positions
Plus: Lightspeed CEO muses about privatization; Giant Tiger’s cyberattack.
Lightspeed reduces staff by 10 percent in suite of cost-cutting steps following Dax Dasilva’s return
Layoffs part of company’s reorganization strategy following a disappointing response to Q3 earnings.
Tofu nets $1.2 million to fast-track hiring for tech startups
Company’s backers include Night Capital, Garage Capital, Wayfinder Ventures, Ritual Capital.