Shopify posts Q2 loss of US$1.2 billion, a day after laying off 10% of staff
The Ottawa-based firm says it lost US$1.2 billion or 95 cents per diluted share, compared with a profit of US$879.1 million and 69 cents per
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Tobias Lütke
CEO vows Shopify will ‘rise to the occasion’ again after workforce layoffs
In a memo posted on the company website, Shopify CEO announced that the e-commerce company will see about 10 per cent of staff leave by
Thistledown gives children’s hospitals $26 million
Tobias Lütke and Fiona McKean founded the charity in 2019.
Shopify shuffle: Top executive Miller departs, Finkelstein shifts to president
Additionally, chief executive Tobias Lütke says he will add the role of chief product officer to his existing duties.
Shopify to open U.S. fulfilment centres as part of expanded offerings
Shopify says it is expanding into fulfilment centres as it looks to grow its footprint in the highly competitive world of online retail
Shopify’s Lütke warns about U.S. tech giants invading Canadian market
Canada has been trying to grow its innovation sector for decades and prove that it can compete on the world’s stage, but Shopify’s cofounder believes
Ottawa-based Shopify bans the sale of some firearms, accessories
Shopify is banning the sale of some firearms and their related parts through its platform. A policy update that the Ottawa-based e-commerce firm quietly posted
On stage with Shopify, Trudeau calls for ‘more swagger’ in Canadian entrepreneurship
Prime Minister Justin Trudeau wants Canada to have “a little more swagger” in promoting homegrown innovations. Speaking at e-commerce giant Shopify Inc.’s annual conference in
Ottawa-based Shopify goes global with Unite product announcements
Shopify unveiled a slew of upgrades and expansions to its platform and services at its Unite conference on Tuesday as the firm attempts to spread
Ottawa AI firms MindBridge and Raven Telemetry raise multimillion-dollar rounds
Two Ottawa artificial intelligence firms announced separate funding rounds this week, raising a combined $14.5 million and elevating the capital’s AI profile. Raven Telemetry, an
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