Lightspeed Commerce Inc T.LSPD

Alternate Symbol(s): LSPD

Technology Software - Application

Lightspeed Commerce Inc. provides a one-stop commerce platform, which helps merchants to simplify, scale, and provide customer experiences. The Company’s cloud commerce solution transforms and unifies online and physical operations, multichannel sales, expansion to new locations, global payments, financial solutions, and connection to supplier networks. Its one-stop commerce platform provides its customers with the critical functionalities they need to engage with consumers, manage their operations, accept payments, and grow their business. The Company's products include retail, e-commerce, restaurant and golf. It offers Point of Sale, Payments, eCommerce, Inventory Management, Advanced Marketing, Advanced Reporting, Scanner and others. It also provides POS software, iPad POS system, Cloud POS system and POS cash register. It provides cloud-based Point of Sale systems for retail stores and restaurants. It has customers globally in over 100 countries.

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Lightspeed Commerce Inc > Lightspeed question

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Comment by TheeRookon Sep 30, 2021 6:20pm

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Post# 33950185

RE:RE:Lightspeed question

LSPD saw the writing on the wall restaurant POS is not a money maker. So they are going to copy the Amazon and Shopify play book and hope that works out.

Lightspeed POS changes its name to Lightspeed Commerce

2021-08-09

"We evaluated our company name in light of the full scope of solutions we offer today. Lightspeed is no longer simply a point of sale solution, and we've outgrown Lightspeed POS Inc. We are the one-stop commerce platform for merchants around the world, and so our company name needs to align with our current offering and our long-term vision. Lightspeed Commerce Inc. achieves both," said Dax Dasilva, Lightspeed founder and chief executive officer.

Select55 wrote: anyone here know anything at all?? thanks

Select55 wrote: I just read an article today and it says sopify and Amazon are competitors?? amzon sells consumer products I dont see where LS does ?? what am I misunderstanding here ?

quote: It’s now a $18.7 billion company, and that’s getting closer and closer to its major competitors Shopify and Amazon. That means it will have to compete head to head with these companies, and Spruce Point is fairly confident it will lose that battle.