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.
Retail
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.
Shipfusion secures $51.2 million CAD to expand warehouse network to Dallas, New Jersey
Canadian-based Shipfusion wants to win big in the US fulfillment market.
Later acquired by US influencer marketing platform Mavrck
Vancouver’s Later started as an Instagram tool in 2013.
Square makes loans offering available for Canadian small businesses
Loans follow the launch of Square card for small businesses.
Amid rising competition with Amazon, Shopify reports 45 percent increase in economic activity fuelled by its merchants
Report comes as Shopify pursues Deliverr, Amazon encroaches on Shopify’s territory.
R|T: The Retail Times – Shopify aims to Deliverr
Plus: Shopify makes strategic investment in US AI recommendation startup Crossing Minds.
Startup Genome ranks Vancouver, Toronto-Waterloo among top global AgTech, new food ecosystems
Vancouver came ninth, while Toronto-Waterloo finished 11th.
Bonsai lays off a third of employees shortly after $21 million Series A, citing shift to growth strategy
CEO says the move is about restructuring to focus on customer acquisition.
Shopify makes strategic investment in US AI recommendation startup Crossing Minds
Crossing Minds plots Canadian expansion with new Toronto office.
How Lending Loop pivoted from peer-to-peer lending to a cross-border banking platform for e-commerce
Loop’s focus on cross-border payments puts it in stark contrast to the competition.
R|T: The Retail Times – Shopify circles the wagons
Plus: Boxhub closes Delivery Hero CEO-led $2.7 million seed round.
R|T: The Retail Times – NFTs are evolving
Plus: Shopify’s 48% slump proves that it’s no Amazon.
Boxhub closes Delivery Hero CEO-led $2.7 million seed round
Boxhub aims to make the buying and selling of shipping containers as easy as booking a hotel.