DoorDash next on the menu as Canada’s Competition Bureau sues for allegedly deceptive pricing tactics
Lawsuit seeks an undetermined penalty and restitution to affected customers who used food delivery app.
Retail
Portless raises $24.7 million to be retailers’ port in a trade storm
Logistics startup gives importers alternative to up-front duties following end of “de minimis” exemption.
American gig giants Instacart and Uber add Canadian executives to top leadership positions
Chris Rogers tapped to lead Instacart as CEO, Uber appoints Andrew Macdonald as global president and COO.
Industry watcher says recent Shopify ruling could embolden companies to challenge CRA data requests
Federal court dismissed CRA’s request for six years of data on Shopify merchants.
WareMatch lands $2-million funding round to expand its Airbnb-like warehouse marketplace
Strategic investor Farfill hopes to support the young company’s worldwide expansion.
The Canadian engineer trying to fix the internet’s original sin
Coinbase’s Erik Reppel thinks AI, crypto, and open standards could revolutionize internet commerce.
Lightspeed surpasses $1 billion USD in revenue in fiscal 2025 but shares conservative outlook
Lightspeed posted nearly $54 million in adjusted EBITDA as it continues to execute transformation plan.
Why Faire’s co-founder wants to bring Silicon Valley’s DNA to Canada
Faire’s Chief Architect fell in love with Canada. Now he’s selling his new home to the rest of the world.
Katherine Homuth launches “organizational memory” startup as SRTX secures new interim CEO and financing
Homuth stepped down as CEO of SRTX in March as part of a pending fundraising deal.
Shopify stocks surge after company says it will join Nasdaq 100 index
The e-commerce giant will become a reference point for investors.
Shopify posts solid Q1 2025 earnings amid trade war but anticipates slight profit dip
CFO says closing of de minimis exemption for Chinese goods not expected to have short-term “meaningful impact.”
Dozr founding CEO Kevin Forestell moves to chair while Dave Frazier joins as president
Frazier brings combo of construction and tech experience to Kitchener-Waterloo scaleup.
Shopify rolls back $1-million USD revenue exemption for app developers
Pandemic policy rollback means exemption will only apply to first $1 million of lifetime revenue.
Antler Canada adds former Quandl CEO Tammer Kamel as VC firm gears up for Fund II
Kamel to lead Fund II with fellow GP Bernie Li and newly promoted associate partner Shambhavi Mishra.
How does an online car retailer survive a trade war?
Clutch found a new gear after a post-pandemic lull, just in time for tariffs to hit.