Friday, November 6, 2020

Montreal-based payments software company Lightspeed POS has agreed to buy NY-based ShopKeep, which offers cloud-based POS system, for $440M in cash and stock (Meagan Simpson/BetaKit)

Meagan Simpson / BetaKit:
Montreal-based payments software company Lightspeed POS has agreed to buy NY-based ShopKeep, which offers cloud-based POS system, for $440M in cash and stock  —  MontrĂ©al-based Lightspeed announced Thursday it is set to acquire ShopKeep, a New York City-based leading cloud commerce platform provider.



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Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shein to cut pre-IPO valuation from $66B to ~$30B (Financial Times)

Financial Times : Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shei...