Locorum raises $1.2 million to help local service businesses grow through referrals
Locorum’s platform rewards customers for hiring local service providers.
Retail
Shopify extends point-of-sale hardware to Canadian retailers after initial US launch
Shopify continues physical retail push as online sales fall from pandemic heights.
What’s next for Shopify?
Business Insider’s Madeline Stone joins to discuss the end of Shopify’s “side quest” and future of…
Tough Commerce raises $2 million to become Shopify for “complex” industries like construction
A former Shopify engineering lead joined Tough Commerce as investor, board member.
R|T: The Retail Times – Alibaba logistics arm eyes up to $2 billion Hong Kong IPO
Plus: Attabotics sues Canadian Tire over warehouse fire.
Shopify claims best conversion rates among checkout solutions on the market
Shopify said its overall conversion rate outpaces competitors by 36 percent.
Lightspeed Commerce makes gains in fiscal 2023, fourth quarter
Revenues up, losses down but Lightspeed shares slide on the market.
Canada ranks 12th in Shopify’s first report on economic impact of merchants
Canada’s Shopify merchants lag behind on economic impact compared to smaller economies.
Attabotics sues Canadian Tire over warehouse fire
Robotics supply chain startup alleges damages including loss of business opportunities.
Hopper to power Uber’s expansion into flight bookings
“Flights on Uber” will be available to UK users this summer.
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.