Big news in the world of Point of sale providers today as Lightspeed announces that it has purchased the restaurant-specific platform Upserve for more than $400 million. The deal, which will see ...
Lightspeed Limited Partners lean into new funds, bringing total committed capital under management to over $18B MENLO PARK, Calif.–(BUSINESS WIRE)–July 12, 2022– Lightspeed Venture Partners ...
Lightspeed says layoffs aim to streamline operations, “unify” acquisitions. Lightspeed Commerce has announced plans to cut approximately 300 jobs as the Montréal-based retail tech company sets its ...
Subscription revenue increased by 8.6% YoY to $80.9 million in 3Q24, indicating positive momentum but trailing behind industry peers. Transaction-based revenue, primarily payment processing fees, grew ...
Montréal retail tech company Lightspeed has signed definitive agreements to acquire two California-based e-commerce firms for a combined total of $925 million USD. Lightspeed plans to buy Ecwid, which ...
Lightspeed's revenue growth is solid, but gross margin contraction signals waning pricing power and intensifying competition in the POS and payments space. Despite improving operating margins, ...
MENLO PARK, Calif.--(BUSINESS WIRE)--Lightspeed Venture Partners (“Lightspeed”) today announced the closings of Lightspeed Venture Partners XIII, L.P. (“Fund XIII”) with $890 million, Lightspeed ...