Businessnewshubb
Advertisement
  • Home
  • World
  • Business News
  • Markets
  • Startup
  • Contact Us
No Result
View All Result
  • Home
  • World
  • Business News
  • Markets
  • Startup
  • Contact Us
No Result
View All Result
Businessnewshubb
No Result
View All Result
Home Startup

R|T: The Retail Times – Shopify abandons The Well

December 24, 2022


Plus: Saas-based hotel management platform raises $185 million.

The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe.

Subscribe to R|T using the form at the bottom of this page to ensure you don’t miss out on the most important retail tech news every week!


Layoffs persist at Canadian tech companies amid bleak outlook for 2023 (BETAKIT)

More than a dozen Canadian tech companies have recently laid off employees, BetaKit has learned, joining a growing list of firms to shed staff in 2022.


Shopify confirms it no longer intends to expand to massive new Toronto office space, citing shift toward remote-first (TORONTO STAR)

The Ottawa-based company, which was set to be the anchor tenant at the newly built, mixed-used space The Well, wouldn’t say whether it’s paying a break fee.


Shopify’s Ria Bhavnani shares the company’s approach to pricing (BETAKIT)

Bhavnani sat down with BetaKit editor-in-chief Douglas Soltys at SAAS NORTH to talk about Shopify’s approach to pricing, as well as how business can implement price changes at a “detrimental time.”


POWERED BY: AMAZON AWS

Build Your Startup on AWS


From Ada Support to Neo Financial, Canada’s top startups build on AWS. But they didn’t do it alone. So whether you’re looking for help solving a technical challenge, hiring the right engineers, or finalizing a fundraising round, we have all the resources you need to get started. There’s a reason more startups build on AWS than any other provider: we’re here to help you succeed, from inception to IPO.

Learn more and start your cloud journey with AWS today!


Exclusive: Grab to cut more costs amid economic chill (REUTERS)

Grab Holdings, Southeast Asia’s biggest ride-hailing and food delivery firm, is cutting more costs to cope with an uncertain economic backdrop, the Singapore-based company’s CEO told staff in a memo.

The measures include a freeze on most hiring, salary freezes for senior managers and cuts in travel and expense budgets, co-founder and CEO Anthony Tan said in the memo which was issued on Wednesday and viewed by Reuters.


Frate secures $2 million CAD to make e-commerce returns sustainable, cost-effective (BETAKIT)

Frate’s pre-seed round was led by 2048 Ventures, and included Matchstick Ventures, MergeLane, Convoi Ventures, and other undisclosed strategic investors.


Does scaling your startup feel like constant chaos? Here’s what to do. (BETAKIT)

Startup leaders are accustomed to the mantra of ‘move fast and break things’ because this growth-at-all-costs mentality produced some of the largest companies the world has ever known. But along with it came intense working hours and mental health risks for founders and employees.


Amazon’s post-covid cutbacks draw ire of Vietnamese supplier (BNN BLOOMBERG)

Gilimex Inc. said it was a key partner of Amazon from 2014 to 2022, investing tens of millions of dollars in manufacturing facilities to build the steel-and-cloth storage pods used to organize inventory in Amazon warehouses. Those pods are carried by robots, speeding the fulfillment of online orders so workers don’t have to race around the sprawling facilities on foot.


Statements from Alberta innovation minister cast doubt on return of investor tax credit (BETAKIT)

In a recent interview with BetaKit, the minister spoke about his goals for the new role, noting areas he plans to focus on and others he does not: such as the Alberta Investor Tax Credit (AITC).


Mews books $185M for its SaaS-based hotel management platform (TECHCRUNCH)

Co-led by Kinnevik and the Growth Equity business within Goldman Sachs Asset Management, the round also included new backers Revaia, Derive Ventures and Orbit Capital; as well as previous investors Battery Ventures, Notion Capital, Salesforce Ventures, Thayer Ventures and henQ. The raise is mostly equity with a small amount of debt, founder and president Richard Valtr said in an interview. Columbia Lake Partners is providing the debt.


Fast-fashion giant Shein explores becoming online marketplace (THE WALL STREET JOURNAL)

The fast-growing company, now based in Singapore, is also diversifying its supply chain away from China, where Shein was founded. It has started manufacturing in Turkey since midsummer, and has leased and operated warehouses in Poland to store merchandise and ship to customers in Western Europe, according to the memo.


Golden Ventures’ Matt Golden has advice for startups fundraising in a down market (BETAKIT)

Investors who have recently raised enormous funds over the last two years still need to disburse that capital. According to Matt Golden, founder and managing partner of Golden Ventures, what changes are the variables that matter to investors.


Welcome to the Ambaniverse (REST OF WORLD)

From food to gadgets to sports, explore how the business empire of one of the world’s richest men touches the everyday lives of millions in India.


New BC innovation minister Brenda Bailey lays out how she plans to support province’s tech, innovation (BETAKIT)

Bailey has taken over BC’s innovation agenda from Ravi Kahlon, a fellow member of the province’s New Democratic Party, who has been reassigned to lead BC’s newly created Ministry of Housing.


Subscribe to The Retail Times

Don’t forget to subscribe to The Retail Times using the form below to make sure it hits your email inbox every week!





Source link

Previous Post

Privacy Coins Take a Beating This Year Losing Over $6 Billion, Anonymity Takes a Back Seat to Defi, NFTs – Altcoins Bitcoin News

Next Post

This year in tech felt like a simulation • TechCrunch

Next Post

This year in tech felt like a simulation • TechCrunch

BTC Wraps up 13 Consecutive Years of Recorded Market Value, With No Santa Rally in 2022 – Featured Bitcoin News

H|T: The Healthtech Times – MasterControl becomes unicorn after $150 million Series A

Don't stop writing, or your words will vanish off the page • TechCrunch

LTC Climbs to 10-Day High on Monday – Market Updates Bitcoin News

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Can 4 activist investors play nice in the Salesforce sandbox? • TechCrunch

by admin
February 3, 2023

Salesforce finds itself in a rather unusual situation, with four activist investors operating inside the company at the same time:...

Shopify invests in US-based e-commerce analytics aggregator Triple Whale

by admin
February 3, 2023

Triple Whale helps Shopify merchants unify business metrics into one dashboard. Shopify has made an investment into United States-based Triple...

DOJ-Appointed US Trustee Objects to Subpoena Request in FTX Bankruptcy Case – Bitcoin News

by admin
February 3, 2023

Following a request from FTX lawyers to subpoena FTX co-founder Sam Bankman-Fried (SBF) and members of his family, the U.S....

Apple, Google and Amazon post disappointing results as tech giants face gloomy economic outlook

by admin
February 3, 2023

Apple, Amazon and Alphabet all posted disappointing quarterly results this week, while Facebook parent Meta bucked the gloomy trend in...

business-news-hubb-white

© 2022 Business News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Categories

  • Home
  • World
  • Business News
  • Markets
  • Startup
  • Contact Us

Newsletter Sign Up.

No Result
View All Result
  • Home
  • World
  • Business News
  • Markets
  • Startup
  • Contact Us

© 2022 Business News Hubb All rights reserved.