Shopify announces embedded AI as part of Summer 2024 Edition product updates
Shopify is using AI for image editing, product creation, customer support, navigation.
Retail
R|T: The Retail Times – Shopify achieves $1 trillion GMV
Plus: Canada’s competition watchdog has Amazon in its crosshairs.
Propulso raises strategic funding to facilitate US expansion
Propulso says the funding has already allowed it to double its workforce.
As Collision kicks off, four Canadian tech startups unveil new funding
Heylist, Vosyn, Pok Pok, and Ability Biologics have all raised fresh capital.
Waabi fuels up to launch fully driverless trucks in 2025 with $275-million CAD Series B
Uber and Khosla double down as Nvidia, Porsche, IKEA join Toronto AV startup’s cap table.
R|T: The Retail Times – Exclusive: Ex-Lightspeed CEO nabs Inovia gig
Plus: Costco building an ad business with customer data.
Descartes acquires UK-based logistics platform BoxTop for $18 million CAD
The deal follows a similar across-the-pond acquisition in April.
How Dax Dasilva plans to get Lightspeed to $1 billion in revenue
Dax is back: why he stepped down, then returned, as the company he founded approaches its 20th birthday.
Tiny appoints WeCommerce head Jordan Taub as its new CEO
Tiny co-founders Andrew Wilkinson and Chris Sparling will “remain actively involved” as company chairs.
After over a decade at Lightspeed, JP Chauvet aims to be “good sounding board” as Inovia’s newest executive-in-residence
In wide-ranging BetaKit interview, Chauvet takes stock of Lightspeed tenure, shares plan to help other entrepreneurs.
R|T: The Retail Times – Battle of food delivery apps leads to $20B in losses
Plus: Ticketmaster hack affects more than half a billion users.
Shopify acquires popular no-code checkout customizer Checkout Blocks
The acquisition has made Checkout Blocks’ starter version free for all Shopify Plus merchants.
Can this Canadian company make a splash in plant-based fish?
New School Foods is fishing to do the impossible… better than Impossible.
R|T: The Retail Times – Gildan’s board resigns after months of boardroom battle
Plus: Shopify convinces US court to overturn 2022 patent-infringement decision.
R|T: The Retail Times – The Shopify exec paid more than Tobi Lütke and Harley Finkelstein
Plus: Lightspeed’s Dax Dasilva sheds interim label from CEO title and puts EBITDA in the green.