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Lightspeed teams up with Google to help retailers increase local shopping revenue
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Integration allows omnichannel retailers to automate ads and real-time inventory levels directly from the Lightspeed platform
MONTREAL, May 11, 2021 /PRNewswire/ -
Lightspeed(NYSE: LSPD) (TSX: LSPD), a leading provider of cloud-based, omnichannel commerce platforms, announced today it will
, to help independent businesses globally as they safely re-open and expand their in-store capacity. As consumer preference towards shopping locally increases, the direct integration between Lightspeed and Google will allow independent retailers to manage a number of Google tools directly in their Lightspeed commerce platform at no additional cost.
March 12th 2021 9:51 pm
The point-of-sale and e-commerce software company Lightspeed will acquire competitor Vend for a deal worth $350 million $192.5 million in cash and $157.5 million in shares, to be specific.
The move builds Lightspeed s base around the globe. It s not the first acquisition from Lightspeed in recent months, either: The growing software company just bought the restaurant POS platform Upserve and the ecommerce POS platform ShopKeep back in December.
What customers can expect
So what should businesses in the market for a POS or those already using either Lightspeed or Vend expect to change as a result of this market shift?