Lightspeed lays off 200 employees in second restructuring of the year
Online brokerage firm Questrade also reportedly laid off an undisclosed number of employees in recent days.
Retail
Hopper restructures again following renewal of Expedia partnership
Hopper reportedly cut 10 percent of staff just over a year after its last restructuring.
Shopify calls on feds to “do whatever is necessary” to resolve Canada Post strike before Black Friday
Shopify suggests federal government impose binding arbitration or legislation to make postal service operational.
The story of Sampler (live at SAAS NORTH 2024)
“I’m using failure with intent today, because I don’t want to be ashamed of saying failure.”
Why Sampler failed, according to its founder
Marie Chevrier Schwartz explains how her company lost product-market fit after a decade in business.
Insurance giant Intact scoops up home maintenance startup Jiffy
Deal expected to expand Jiffy’s service to more Canadian markets.
UniUni secures additional $42.2 million CAD to strengthen US expansion
Three-year revenue growth of nearly 13,000 percent earned the startup a spot on Deloitte’s Technology Fast 50.
AppDirect’s acquisition spree heats up as it reveals plans to purchase vCom Solutions
The deal marks the fourth acquisition for Canadian-founded AppDirect in the last two years.
Shopify rises on 26 percent revenue growth in Q3, strong holiday forecast
Shopify shares rose over 21 percent following its third-quarter earnings beat.
Lightspeed, Well Health hit new revenue milestones in latest quarterly earnings
Lightspeed beats revenue forecasts as Well Health reaches record revenues in fiscal Q3 2024.
Shopify alums secure $7-million CAD seed round for AI mobile commerce platform Reactiv
Despite commitment to build in Canada, Reactiv chose more “ambitious” US-based investors.
Founders of Propel Holdings, Plusgrade, and Redbrick among 2024 EY Entrepreneur of the Year regional winners
Regional winners will compete for national title to represent Canada globally in Monaco.
Shopify combines its financial solutions into one dashboard
Canadian merchants can currently use two of Shopify’s five Finance offerings.
Feds announce $4 million for Atlantic Canada tech startups through ACOA
Eight of the 10 startups are Nova Scotia-based, including Milk Moovement and UpBeing.
Moselle secures $2.1 million CAD to help brands manage their inventory with AI
Highline Beta spinout wants to tackle a $1.77-trillion problem faced by consumer brands.