Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features, and editorials published on BetaKit. If you prefer this update hit your inbox every week, make sure to subscribe to the BetaKit Newsletter using the form at the bottom of this page.
Top Stories of the Week
Shopify reveals Amazon-style fulfillment centres, 3D product display at Shopify Unite
The Shopify Fulfillment Network will provide US-based merchants with a network of various fulfillment centres.
OCE president and CEO Tom Corr steps down following layoffs, budget cuts
This week also saw departures at OMERS, SVB, and OneEleven.
Carrot shuts down rewards app, files for bankruptcy
“Even though we gave it our all, our funds eventually ran out and we could no longer be in business,” said Andreas Souvaliotis, founder and CEO.
As Futurpreneur grows its loan offering, Ontario cuts funding
The loan expansion follows news that the organization lost all its funding from the prov..