Temu and the Oscars buy Canadian, Sam Bankman-Fried weighs in on DOGE
QUIZ START The post Temu and the Oscars buy Canadian, Sam Bankman-Fried weighs in on DOGE first appeared on BetaKit.
DEI rollback is the “wrong direction for Canada,” open letter says
Over 350 tech signatories express support for “Canadian values” of equity and inclusion. More than 350 Canadian tech leaders, investors, and workers have signed an open letter advocating for the industry to uphold the diversity, equity, and inclusion (DEI) values some companies in the space have abandoned. The signatory list includes businesswoman and investor […]
Shopify beats its revenue growth forecast in Q4 after strong holiday season
E-commerce company generated $2.8 billion USD in revenue, posting a $1.3 billion profit. Canadian e-commerce giant Shopify beat its previous forecast for revenue growth and posted a sizable profit during the fourth quarter of 2024 following a strong holiday season that included another record-breaking Black Friday, Cyber Monday weekend. Shopify’s revenue rose 31 percent […]
Shopify CEO commits to ‘buy local’ features for Shop app after criticizing Canada’s tariff response
US, Canada, Mexico first to be featured as Tobi Lütke claims Shopify is “unaffected” by tariffs. Shopify CEO Tobi Lütke has pledged to roll out “buy local features” to the Shop app after criticizing the Canadian government’s decision to impose retaliatory tariffs on US imports. Lütke announced the features in an X post on […]
Shopify president calls Montréal “the most entrepreneurial city on the planet” at North Star event
At HEC Montréal, just across the street from Shopify’s office, more than 300 members of the local tech ecosystem gathered to glean insights from different stages of the entrepreneurial journey. “You’re all in, but you’re planning on a marathon, not a sprint. And so that means you’ve got to take care of yourself and […]
Clio’s Jack Newton can build another Shopify without building like Shopify
Practical patriotism is cool now. For BetaKit’s second-ever Town Hall, Clio CEO and co-founder Jack Newton was the perfect guest to carry forward the national conversation on Canadian productivity, innovation, and optimism. With 16 years in the game at Clio, Newton’s perspective on building in Canada is earned. He’s also shown himself to care […]
The BetaKit Quiz, Oct. 11, 2024
The BetaKit Quiz, Oct. 11, 2024 | BetaKit Canadian Startup News & Tech Innovation
Shopify to become Roblox’s first platform commerce partner
Move is expected to open up a massive audience of 80 million potential young customers to brands. Shopify is set to pilot its checkout in Robloxone of the world’s largest online games, the two companies announced today. “This will open up a massive audience of 80 million daily active, highly engaged, Roblox users, and […]
Shopify taps Microsoft executive Mikhail Parakhin as its new CTO
Shopify CEO Tobi Lütke praised Parakhin’s “deep expertise” in AI and machine learning. Canadian ecommerce giant Shopify is hiring former Microsoft executive Mikhail Parakhin as its new CTO. “The impact of [Parakhin’s] work across the broader tech industry runs deep.” Shopify president Harley Finkelstein According to his LinkedIn, Parakhin had been with Microsoft since […]