Klarna to open offices in Toronto, Vancouver, Québec as company expands service to Canada
The Swedish payments company plans to hire over 500 engineers by 2025.
Retail
Former Bench CEO Ian Crosby joins Shopify Balance as product director
The Bench co-founder described Shopify Balance as “a phenomenal product.”
Busbud closes $14 million CAD, acquires Recorrido to fuel Latin American expansion
Chilean energy firm COPEC’s venture arm led the round.
R|T: The Retail Times – Shopify’s strategic investment to solve this supply chain mess
Plus: Massive “coffeetech” investments are giving startups a jolt.
Shopify shares drop following decelerated revenue growth, lowered guidance in Q4 2021
Shopify’s share price has dropped 18 percent following market open.
11 Canadian tech companies to watch in 2022
ControlHQ’s co-founder is back with his #CDNtech crystal ball.
Hospitality platform 7shifts secures $101.6 million CAD to increase staffing, product development
Startup says it added more than 10,000 restaurants to its platform last year.
Cubbi secures $1.35 million CAD to expand its food delivery and storage platform
The food delivery startup comes from same city as SkipTheDishes.
R|T: The Retail Times – Lightspeed’s Age of Dax is over
Plus: Amazon confronts pandemic costs and raises the price of Prime.
Elastic Path secures $60 million to scale “composable commerce movement”
The round brings Elastic Path’s total funding to $120 million.
Dozr raises $27.5 million in Series B funding to support US expansion plans
The heavy equipment rental startup aims to replicate its Florida playbook in other markets.
Hopper now valued at $5 billion after $35 million secondary deal
Hopper recently expanded into Airbnb-style home rentals.
R|T: The Retail Times – How long will it take Shopify to compete with Amazon on fulfillment?
Plus: Lightspeed adds global tech entrepreneurs to its board.
Founder Dax Dasilva out as Lightspeed CEO
President JP Chauvet steps in as CEO; Q3 results overshadowed in C-suite change.
RenoRun closes $181 million CAD Series B to fuel Canada, US expansion
RenoRun is building a vertically-integrated “one-stop shop” for construction materials.