Shopify

The County of Leeds and Grenville’s economic development office is launching another round of funding to help small businesses get back on their feet post-COVID. 
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 diluted share a year earlier.
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 end of day Tuesday.
Software giant confirmed it did not cancel any signed offers to its fall interns, but said it is pausing further recruiting efforts in order “to focus on more immediate initiatives.” 
Last year’s biggest locally based revenue gainer, e-commerce powerhouse Shopify, lost that title to the Royal Canadian Mint, which saw its revenues soar 73.9 per cent to $2.5 billion in 2021.
At a new, semi-annual showcase called Shopify Editions on Wednesday, the Ottawa e-commerce giant laid out more than 100 product updates made over the last six months, including several that launch…
Firm says Shopify's plan to augment founder Tobi Lütke's power in the e-commerce company only passed because of the support from an early company investor and director.
Senior writer David Sali was recognized for his exclusive coverage of changes to Shopify's executive team in April 2021.
Move comes six months after Zipes left Shopify, where she played a key role in building and leading the e-commerce powerhouse’s legal team from pre-IPO through the pandemic.
Company says 53.68 per cent of shareholders, excluding founder and chief executive Tobi Lütke, voted in favour of a plan to grant him key voting power at the company.