Tag: canada drives
BetaKit’s most-read stories of March show #CDNtech sector struggles continue, government’s innovation promises continue to lag
SVB collapse kicked off a month that included new layoffs, bankruptcies, and AI disruptions. With spring officially here, BetaKit’s most-read stories for the month…
R|T: The Retail Times – Washington prepares for war with Amazon
Plus: Rewind cuts staff as Shopify growth slows. The Retail Times is a weekly newsletter covering retail tech news from Canada and around the…
Canadian startup news of the week (3/26/23)
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features, and editorials published on BetaKit. If…
Canada Drives undergoing restructuring as it files for creditor protection
“The rising costs of holding inventory…has made this specific business model no longer viable.” Vancouver-based auto marketplace Canada Drives is undergoing restructuring of its…
Layoffs spread to Clutch, Canada Drives as online auto marketplaces gear down
Clutch cut approximately 65 percent of its staff. As Canada’s tech layoffs continue apace, the on-demand used car industry is facing its own crunch….
R|T: The Retail Times – Rapid grocery apps fail to deliver
Plus: Instacart Cuts Internal Valuation Third Time. The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe….
R|T: The Retail Times – Shein’s value dips, Lightspeed taps Google alum
Plus: Amazon freezes corporate hiring in retail business. The Retail Times is a weekly newsletter covering retail tech news from Canada and around the…
Canada Drives fuels up with $10 million extension to support growth amid economic headwinds
Despite scaling back hiring, co-CEO says Canada Drives is in “a strong position.” Vancouver-based online used vehicle retailer Canada Drives has secured an additional…
A|I: The AI Times – This AI won top prize at the state fair
Plus: Five months in, details on Canada’s new Innovation and Investment Agency remain sparse. The AI Times is a weekly newsletter covering the biggest…
A|I: The AI Times – AI companies secure massive funding despite economic downturn
Plus: D-Wave, Coveo, Canada Drives among companies receiving collective $50 million for Scale AI projects. The AI Times is a weekly newsletter covering the…