Acquisitions drive revenues at Emerge Commerce and Plurilock Security
Both companies report revenue increases for the first quarter of 2022.
Retail
R|T: The Retail Times – Shopify is testing Shop Cash
Plus: Lightspeed sees a path to profitability.
WeCook raises $40 million to fuel expansion of “ready-to-eat” meal service
Financing from Claridge fund focused on supporting Québec food processing firms.
Led by former Shopify executive, on-demand delivery service Trexity raises $5 million for Canadian expansion
Trexity helped pioneer a subscription delivery service for Kettleman’s Bagel.
Shopify beta testing new rewards program, Shop Cash
Shopify’s latest Shop app experiment ratchets up potential competition with Amazon.
Ex-Shopify GM leads ReturnBear into more Cadillac Fairview malls with national expansion
ReturnBear is bullish on consolidating returns processing for e-commerce retailers.
Lightspeed sees path to profitability despite posting $146.1 million loss in fiscal Q4
Lightspeed’s fourth-quarter revenue grew by 78 percent year-over-year.
Shopify, Crypto.com partnership allows merchants to accept crypto payments
Shopify has been quietly adding crypto payment integrations to its platform.
Payment network giant Affirm extends its partnership with Shopify
Multi-year agreement extension cements Affirm as exclusive Shopify provider.
Fobi AI inks deal to acquire Basket and bolster coupon aggregator offering
Fobi goes shopping for its second couponing solution.
Bolt Logistics rebrands to GoBolt, expands supply chain network to US
GoBolt hopes third name’s the charm as it eyes new global markets.
Australia-based Spacer acquires WhereiPark to fuel North American expansion
WhereiPark gets acquired as Spacer gears up for widening international footprint.
Used vehicle marketplace Clutch secures $150 million in debt from Neuberger Berman to expand its fleet
Clutch claims thousands of pre-owned vehicles are for sale on its marketplace.
Plusgrade to acquire TSX and Nasdaq-listed loyalty commerce startup Points
Points hopes to surf the wave of the post-pandemic travel boom.