MONTREAL, Nov. 24, 2021 /CNW/ - Lightspeed Commerce Inc.
("Lightspeed" or the "Company") (TSX: LSPD) (NYSE: LSPD), the
one-stop commerce platform for merchants around the world to
simplify, scale and create exceptional customer experiences, held
its inaugural Capital Markets Day on November 23rd, to provide an update on the
Company's products, markets and vision for the future.
"Coming off our recent second quarter results, marked by strong
organic growth, expansion of our Lightspeed Payments platform and
successful ongoing integration efforts, Lightspeed continues
empowering independent businesses through commerce and advancing
our track record of innovative cloud solutions," said
Dax Dasilva, Founder and CEO of
Lightspeed. "Lightspeed is quickly becoming the one-stop
commerce platform for independent merchants in over 100 countries.
I'm excited to build upon our history of transformative innovation
at an accelerated pace in 2022 as we bring our Retail, Hospitality,
Golf and Financial Services businesses to even more customers
around the world."
Yesterday's event, hosted at the New York Stock Exchange,
featured the following highlights of Lightspeed's business and
vision for future expansion:
- Introducing the New Flagship Lightspeed Restaurant
Solution: By integrating the core Lightspeed Restaurant
solution with features from its recent acquisitions, including
private blockchain technology, best-in-class analytics and
ingredient management, the business is positioned to drive
significant value for restaurant owners with the global rollout of
its new flagship.
- Streamlining the Supply Chain with Lightspeed Supplier
Network: Lightspeed will give retailers direct access to
suppliers, providing on-demand and endless inventory, and creating
sell-through data visibility and better control of distribution for
the benefit of suppliers.
- Delivering significantly upgraded omnichannel capabilities
in the one-stop Lightspeed Retail platform: Lightspeed now
offers a full range of omnichannel and "headless" commerce
experiences enabling merchants to sell in-store and via online,
social and marketplace channels.
- Building out financial services and data services across the
ecosystem: With momentum from Lightspeed Payments rollouts in
EMEA and APAC and a growing Lightspeed Capital product, Lightspeed
plans to continue to expand its financial services and data
services offerings across the ecosystem.
Lightspeed President JP Chauvet said, "Leveraging
our strong customer footprint, Lightspeed has an enviable runway of
growth ahead in a large and evolving market. Our differentiated
cloud commerce system uniquely positions Lightspeed to continue
driving merchant value. As we look to become the world's leading
omnichannel platform in our target verticals, we believe we can
redefine commerce by uniting merchant, supplier and consumer
For photo assets from Capital Markets Day as well as product
images, please communicate with media contacts below.
Powering the businesses that are the backbone of the global
economy, Lightspeed's one-stop commerce platform helps merchants
innovate to simplify, scale and provide exceptional customer
experiences. Our 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.
Founded in Montréal, Canada in 2005, Lightspeed is
dual-listed on the New York Stock Exchange (NYSE: LSPD) and
Toronto Stock Exchange (TSX: LSPD). With teams across North
America, Europe and Asia Pacific, the company serves
retail, hospitality and golf businesses in over 100 countries.
For more information, see www.lightspeedhq.com
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SOURCE Lightspeed Commerce Inc.