Nobul, Hopper top Deloitte Canada’s fastest growing startups lists for 2022
Annual survey of tech execs expresses concerns over access to capital, talent.
Retail
Amazon layoffs hit Canadian teams, according to LinkedIn posts
Impacted roles in Canada include Amazon Alexa’s development team.
Attabotics secures $95 million CAD from EDC, Ontario Teachers’ to scale its warehouse robots
With new robot built, Attabotics CEO says “the hard part’s done.”
Louis Têtu explains how Coveo is bucking tech trends ahead of SAAS NORTH keynote
Serial entrepreneur to share hard-earned stories and predictions at SAAS NORTH.
R|T: The Retail Times – TouchBistro secures big funding amid looming recession
Plus: AirBnB records record revenue.
As demand booms and recession looms, Busbud acquires fellow Canadian travel tech startup Betterez
After partnering up for years, Busbud has brought Betterez’s back office platform for transit players in-house.
Hopper closes $96 million USD from Capital One at more than $5 billion valuation
Capital One became Hopper’s first B2B client in 2021 after leading its Series F round.
Market watch: Lightspeed, Nuvei increase revenues but reports lead shares to fluctuate
Lightspeed’s share price dropped after the report was tabled.
R|T: The Retail Times – Solving Shopify: lost swagger? Or “enormous opportunity ahead?”
Plus: Lightspeed promotes CRO JD St-Martin to president as leadership overhaul continues.
TouchBistro secures $150 million to move upmarket and pursue strategic M&A as it braces for more economic uncertainty
Amid looming recession and stiff competition, TouchBistro sets sights on growing efficiently.
Shopify acquires Remix to bolster its headless commerce framework
Latest acquisition meant to remix Shopify’s own framework tool for building storefronts.
After two quarters of sluggish growth, Shopify increases revenues in Q3 2022, but eyes future quarters for road to recovery
Shopify share price rises along with reports of increased revenues in third quarter results.
RenoRun lays off 43 percent of staff to extend runway as inflation rises and consumer confidence falls
RenoRun founders: “The business climate we are operating in has fundamentally changed.”
R|T: The Retail Times – Instacart reportedly pulling IPO plans
Plus: Does Shopify have a customer retention problem?
Lightspeed promotes CRO JD St-Martin to president as leadership overhaul continues
JD St-Martin joined Lightspeed in 2019 through its acquisition of Chronogolf.