Montreal-founded Sonder raises $225-million in financing, plans to open second headquarters in Canada [Toronto Globe and Mail (Ontario, Canada)]
Shopify Inc. Class A Subordinate Voting Shares (SHOP)
Last shopify inc. class a subordinate voting shares earnings: 2/12 07:00 am
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Source: Toronto Globe and Mail
Montreal-founded Sonder raises $225-million in financing, plans to open second headquarters in Canada A Montreal-founded startup offering an alternative to Airbnb and traditional hotels has raised US$21-million in financing and now plans to open a second headquarters in Canada, three years after it moved to San Francisco. With the funding, fast-growing Sonder Canada Inc. – which in 219 has surpassed US$2-million in revenue year-to-date – reached a valuation of more than US$1-billion, achieving a milestone for tech startups called “unicorn” status. In its latest round of financing, the company – which rents out hotel-style apartments – attracted new investors including Fidelity Investments Inc., Valor Equity Partners, Atreides Capital, A-Rod Corp. and Tao Capital Partners, reaching well above initial goal of US$125-million. In the next few weeks, some developers partnering with Sonder will add an additional US$15-million in investment, the company said. Sonder’s entrance into the unico
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SHOP
News
- How will the changes to capital gains in Canada affect tech sector? [MoneySense]MoneySense
- Why the Market Dipped But Shopify (SHOP) Gained Today [Yahoo! Finance]Yahoo! Finance
- Tech industry warns capital gains proposals could cause ‘irreparable harm’ [Investment Executive - News]Investment Executive - News
- Shopify Inc. (NYSE: SHOP) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Canadian Businesses Say Tax Hike Risks Deeper Productivity Slump [Financial Post (Toronto, Ontario, Canada)]Financial Post
SHOP
Earnings
- 2/13/24 - Beat
SHOP
Sec Filings
- 3/22/24 - Form 144
- 3/22/24 - Form 144
- 3/22/24 - Form 144
- SHOP's page on the SEC website