As they continue on their plan to be the largest online shopping destination in Canada, SHOP.CA announced it has closed $31 million in Series B funding. New investors in this round of funding include Shaw Ventures, an affiliate of Shaw Communications Inc., alongside a select group of large North American financial institutions. SHOP.CA’s existing investors, […]
If you are a Canadian retailer, the end of January 2013 was a pretty telling tale of your future. First, there was the news that Best Buy Canada and Future Shop (owned by Best Buy) were going to close 15 of their retailer stores. Later in the week Sears Canada announced it was laying off 700 employees.
SHOP.CA, Co-Founder and CEO Drew Green discussed with Thierry Bazay – General Manager of The Exchange Lab how they leveraged real-time bidding to drive new customer acquisitions at Day 2 of FFWD Advertising and Marketing Week.
They made a very bold statement as part of their pre-launch buzz saying they will “Revolutionize Online Shopping in Canada”, but now Shop.ca has to deliver on that promise. A big chunk of change from TorStar just might do that, today TorStar announced they have made a investment into the new startup which will give TorStar a 14% stake with a commitment to increase its interest to 30% over thirty months
SHOP.CA Says It Will “Revolutionize Online Shopping in Canada,” Will Consumers Agree With Their Wallets?
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