Hopper to power Uber’s expansion into flight bookings
“Flights on Uber” will be available to UK users this summer.
Retail
R|T: The Retail Times – Shopify sheds staff, offloads logistics business to focus on “main quest”
Plus: RenoRun halts operations as it pursues asset sale.
Shopify cuts 20 percent of staff, announces sale of logistics division
“There’s no way to make this good news,” Shopify CEO tells employees in company letter.
R|T: The Retail Times – Amazon begins more layoffs as Shopify employees brace for same
Plus: Walmart using AI to negotiate with vendors.
Shopify backs Nigeria-based FinTech Nomba in $30 million round
Nomba provides payments and banking tools for businesses.
RenoRun shuts down operations as it pursues sale of assets
RenoRun expects to close a purchase of its assets by no later than May 15.
Another round of layoffs hits Amazon employees in Canada
Roles have been terminated in Amazon’s PXT and cloud divisions.
R|T: The Retail Times – Shopify goes ‘stealth spear-fishing’ for tech talent
Plus: General Assembly sells its frozen pizza business.
RenoRun granted court extension in insolvency filing to pursue sale
RenoRun asked for extension amid “a high level” of interest from potential buyers.
How Super raised $85 million USD after rebranding from Snapcommerce
Snap, now “Super,” raised funding from execs at Shopify, Ancestry, Substack.
R|T: The Retail Times – E Inc. to delist from TSX, Sleep Country scoops up Casper’s Canadian operations
Plus: Product sampling startup Sampler acquires Abeo.
AI beauty lab Omy raises $11 million CAD to expand personalized skin care product line in North America
Omy launched its AI virtual skin consultant in 2020.
General Assembly takes slice out of business, sells frozen pizza line
General Assembly saw an over 40 percent decline in revenue from its frozen pizzas.
Tab Commerce closes $1 million USD to help restaurants manage expenses
After growing up in the industry, Tab Commerce’s CEO has returned to his roots.
Graphite Innovation & Technologies secures $10 million to help reduce emissions from marine shipping vessels
The Halifax startup provides sustainable coating for marine transportation.