Retail
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.
Maverix leads $83.5 million USD investment in Shopify-focused ecommerce aggregator Agora
The investor that bet on Shopify is now betting on Shopify stores.
Tengiva closes $5 million to tackle supply chain issues in the textile industry
Investor says Tengiva is “at the right place at the right time.”
Shopify delivers $2.1 billion USD Deliverr deal to expand fulfillment network
Deliverr marks Shopify’s largest acquisition to date.
Shopify’s growth continues to slow in Q1 2022 as it reaches deal to buy Deliverr for $2.1 billion USD
Shopify misses analyst estimates, sees shares drop to a two-year low.
Lightspeed leverages acquisitions to launch new flagship omnichannel retail platform
Lightspeed Retail launch follows company’s recent C-Suite shakeup.
R|T: The Retail Times – Amazon jabs at Shopify
Plus: Shipfusion secures $51.2 million CAD to expand warehouse network to Dallas, New Jersey.