Shopify’s venture arm unveils portfolio in new website launch
Shopify’s investments focus on funding the companies that support its merchant ecosystem.
Retail
Shipping container marketplace Boxhub raises $12.4 million for global expansion
Boxhub said it has become popular with people making tiny houses and vertical farms.
Shopify makes checkout solution Shop Pay available to enterprise retailers not using Shopify
The move represents part of Shopify’s push to woo larger clients.
R|T: The Retail Times – Canadian-founded company behind Instant Pot files for bankruptcy
Plus: Shopify partners with Volt to offer open banking solutions (but not in Canada).
R|T: The Retail Times – Shopify uses new weapons in battle against patent trolls
Plus: TikTok seeks $20 billion ecommerce business despite US setback.
Shopify partners with Volt to offer open banking solutions (but not in Canada)
Features available to Shopify merchants in Europe, Brazil, and other markets not beset by implementation delays.
R|T: The Retail Times – Shopify’s birthday gift: a new class-action lawsuit
Plus: Temu is losing millions of dollars to break into the US.
Shopify plans to “aggressively pursue” ID of funders in cases against “patent trolls”
Company filed motion in Texas court demanding Lower48 IP LLC reveal third-party interests.
Saskatoon startups Rivercity, 7shifts team up to enhance food temperature monitoring for restaurants
RCI integrates its cold chain monitoring sensors into 7shifts’ restaurant management platform.
Shopify launches Shop Cash rewards program in the US
Shopify’s answer to Prime Day, “Shop Day,” debuts in celebration of its 17th birthday.
R|T: The Retail Times – Loblaw axes its third-party seller-driven e-commerce marketplace
Plus: Alibaba pushes back on layoff rumours.
Shopify facing $130-million lawsuit for alleged attempts to slash post-layoff severance pay
Lawsuit claims severance packages were reduced by “tens of thousands of dollars.”
Saskatoon startups SolusGuard, BetterCart win a combined $75,000 at Uniting the Prairies 2023
The investment prizes are new for this year’s conference.
R|T: The Retail Times – Shopify touts checkout conversion rates, ranks merchants
Plus: Lightspeed Commerce recovers from tough third quarter.
Locorum raises $1.2 million to help local service businesses grow through referrals
Locorum’s platform rewards customers for hiring local service providers.