Ritual lays off 16 percent of staff to “prepare for a recession”

Toronto-based food ordering and mobile pickup app Ritual has laid off 23 employees to “prepare for…

Bonsai has laid off around two-thirds of staff over last two months

For the second time in less than two months, Toronto startup Bonsai has laid off a…

Maropost acquires Swedish AI startup Findify for over $4.45 million USD

Toronto-based SaaS company Maropost has acquired search and product recommendation platform Findify for over $5.6 million…

Shopify beta testing new rewards program, Shop Cash

Shopify is testing a rewards program called Shop Cash. The company has quietly rolled out a…

Fobi AI inks deal to acquire Basket and bolster coupon aggregator offering

Vancouver-based startup Fobi AI is set to acquire grocery couponing app Basket, which is owned and…

Plusgrade to acquire TSX and Nasdaq-listed loyalty commerce startup Points

Montréal-headquartered Plusgrade has entered an agreement to acquire Nasdaq and Toronto Stock Exchange (TSX)-listed Points for…

Shipfusion secures $51.2 million CAD to expand warehouse network to Dallas, New Jersey

Toronto-based fulfillment tech startup Shipfusion has secured $51.2 million CAD ($40 million USD) in a growth…

Shopify makes strategic investment in US AI recommendation startup Crossing Minds

Ottawa-based e-commerce giant Shopify has invested in American artificial intelligence (AI) company Crossing Minds. According to…

Shopify proposes governance changes to protect CEO Tobi Lütke’s voting power

Shopify made moves to protect its founder and CEO Tobi Lütke’s position in the e-commerce company…

Bonsai closes $21 million to scale embedded commerce solution for publishers like BuzzFeed, Vox

Toronto-based Bonsai has secured $21 million CAD in Series A financing to build on the recent…