Shopify posts positive revenues in Q2 2023 for third quarter running
Ottawa e-commerce giant posts higher losses, but GMV grows.
Retail
Hopper to power travel portal for Brazilian digital banking giant Nubank
Hopper brought travel booking to Uber UK and is now targeting Nubank’s 80 million customers.
R|T: The Retail Times – Shopify looks for a Faire deal, Temu sues Shein
Plus: Bolt, ex-CEO Ryan Breslow face SEC probe.
Shopify reveals AI suite, business credit card, dropshipping-like feature in latest product showcase
Canadian rapper Drake launched his website Drake Related using Shopify Collective.
Long-time VP and product leader Satish Kanwar departs Shopify
Kanwar steps down 10 years after Shopify’s Jet Cooper acquisition.
Checkfront merges with Australia’s Rezdy to scale online tourism reservations
Both startups offer online booking platforms for tourism companies.
R|T: The Retail Times – Shopify wants to give you an AI Sidekick
Plus: Sampler acquires Admass’s tech to integrate UGC and AI into platform.
Bold Commerce reveals product that allows retailers to add checkouts to video and email
CEO says Checkout Unleashed eliminates “middleman” product pages.
R|T: The Retail Times – Uber, DoorDash, Grubhub sue NYC over minimum pay law
Plus: Italian food service Porta raises $10.5M to fill a General Assembly-sized hole.
Shopify teases AI assistant for entrepreneurs, Sidekick
Shopify said Sidekick can help with designing storefronts, developer documentation, economic trends analysis.
Oco partners with Adidas to launch shoes sporting carbon-captured ink
Set to be released this fall, the shoes blend screen-printing ink with captured carbon.
Sampler acquires AdMass’s tech, founders to add AI, user-generated content to its product sampling platform
The deal marks Sampler’s second acquisition in four months.
R|T: The Retail Times – Amazon faces FTC antitrust case and free returns backlash
Plus: Meet the Shopify Ventures portfolio.
PacifiCan invests nearly $23 million in BC cleantech, zero-waste projects
Saltworks, MintList, and Novarc Technologies all receive funding for expansion and commercialization.
Porta raises $10.5-million for frozen, ready-to-cook Italian meal delivery service
Porta might just fill the frozen-pizza-shaped hole left by General Assembly.