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Sidekick: Shopify Announces AI Assistant For Merchants

Sidekick: Shopify Announces AI Assistant For Merchants

Shopify’s interest in artificial intelligence is not hidden from anyone. In the recent update, the Canadian e-commerce company has announced to launch Sidekick, an AI assistant for Shopify merchants. Shopify CEO Tobi Lütke took to Twitter to share the news. “I’ve got something very exciting to announce: Entrepreneurs are heroes, and every hero needs a […]

By Akash
Shopify Cuts Meetings, Asks Employees to Leave Internal Chat Groups

Shopify Cuts Meetings, Asks Employees to Leave Internal Chat Groups

Shopify never shies away from setting trends for e-commerce and corporates in general. Recently, Chief Executive Officer Tobi Lutke said in an interview that Shopify is planning to get rid of unnecessary team meetings so that employees can focus on work. Calling this “calendar purge“, Shopify aims to cut recurring meetings and wants its employees […]

Shopify’s Tobi Lutke on ESG: Good Idea But Broken Implementation

Shopify’s Tobi Lutke on ESG: Good Idea But Broken Implementation

Tobi Lutke, CEO of Shopify, Canada-based tech company took to Twitter to put up his opinion on ESG. Lutke approved of the idea, but he is not convinced of the current implementation. Calling it “broken, cynical and counter productive”, Lütke called for a “reboot”. Retweeting Wall Street Silver’s tweet, Shopify CEO wrote, “ESG the idea […]

Tobi Lütke Backs HR-Tech Startup Humaans’ $20 Million Series A Funding

Tobi Lütke Backs HR-Tech Startup Humaans’ $20 Million Series A Funding

Shopify founder Tobi Lütke participated in Humaans, an HR-Tech startup’s, Series A funding round. The London-based company raked in $15 million in the round led by Lachy Groom with Exor with participation from Slack founder Stewart Butterfield, Exponent Founders Capital, Niantic COO Megan Quinn, BOND General Partner Jay Simons, Peakon founder Phil Chambers, former Slack […]

Shopify CEO Tobi Lutke Bought $3M Coinbase Stock in 2 Months

Shopify CEO Tobi Lutke Bought $3M Coinbase Stock in 2 Months

Shopify CEO Tobi Lutke is betting high on Coinbase as he added shares of worth $3 million in the last two months, as per blockworks.co. Starting August this year, Lutke has bought Coinbase stock of $369,000 on an average weekly basis. Co-founded Shopify in 2006, Lutke joined the Coinbase board in February. Currently, the Shopify […]

Shopify Lays Off 10% Workforce, CEO Admits Bet on Pandemic Growth “Didn’t Pay Off”

Shopify Lays Off 10% Workforce, CEO Admits Bet on Pandemic Growth “Didn’t Pay Off”

Canada-based Shopify cuts 10 percent of its global workforce, nearly 1000 employees. CEO Tobi Lütke said that the decision is a result of the miscalculated bet on e-commerce during the pandemic which didn’t pay off and the revenue growth slowed down. We couldn’t know for sure at the time, but we knew that if there […]

By Shalu