Tag: positive
Aiming for cash-flow positive in 2024, Virtuo targets North American expansion with 2023 funding
Calgary-based proptech startup raised $3.5 million in seed financing in March. Having secured funding earlier this year, Calgary-based Virtuo is now poised to expand…
F|T: The FinTech Times – Feds make new open banking promises to positive reception
Plus: Kraken in SEC’s sights as Binance founder Changpeng Zhao steps down, pleads guilty. Welcome to the FinTech Times, a weekly newsletter covering the…
Lightspeed’s stock rises as firm exceeds outlook for fiscal Q2, achieves positive EBITDA
Company takes a step towards profitability, boosts revenue guidance. Montréal-based Lightspeed Commerce beat its prior revenue forecast and made progress towards profitability during the…
R|T: The Retail Times – Shopify and Lightspeed bring positive earnings to pessimistic markets
Plus: Uber is finally making money after years of losses. The Retail Times is a weekly newsletter covering retail tech news from Canada and…
Shopify posts positive revenues in Q2 2023 for third quarter running
Ottawa e-commerce giant posts higher losses, but GMV grows. Shopify made gains for the third quarter running, defying the indifferent markets still rattling investors….
Sonder lays off 14 percent of staff as it aims to become cash flow positive in 2023
Move marks Sonder’s second round of significant cuts since going public last year. Sonder is laying off approximately 100 employees, or 14 percent of…