500px has announced the launch of a new service that CEO Andy Yang calls a “natural extension” of its community. The Toronto-based company is now offering 500px for Business, which allow brands to access custom and on-demand photography from 500px’s eight million-strong photographer network.
On an early morning at the Microsoft Store in Toronto’s Eaton Centre, Satish Kanwar, founder of Jet Cooper (a product design agency acquired by Shopify in 2013) and current director of Product at Shopify, explained what it’s like to found a company that got acquired. It wasn’t all easy, he said, but trusting relationships and an ounce of serendipity made the whole process a veritable Canadian startup success story.
Shopify released its results for Q3 2016, which ended on September 30, 2016. Shopify’s total revenue in the third quarter was $99.6 million, or an 89 percent increase from the comparable quarter in 2015. Its total revenue in Q2, which ended on June 30, was $86.6 million.