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Toronto-based app lays off nearly 40 people, approximately 45 per cent of its workforce, as it struggled to bounce back after the pandemic impacted its core office-worker base

By Preetika Rana and Heather Haddon Apps like DoorDash and Uber Eats have provided restaurants a flood of customers in the pandemic. Now a host of food-ordering tools, along with some restaurants, are finding ways around those apps and the commissions they charge. DoorDash Inc., Uber Technologies Inc.'s Eats and Grubhub Inc. can charge restaurants up to 30% of every order -- a chunk many owners say dents profits even as more orders come in. A new crop of services is promising online ordering at a lower cost to eateries, by letting the restaurants arrange more deliveries them...

Ottawa’s Mistral raising nearly $50-million fund to capitalize on post-COVID opportunities Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer One of Canada’s few prominent “seed-stage” technology venture capital firms, Ottawa’s Mistral Venture Partners, is closing in on its goal of raising $50-million for its third fund to back startups hoping to reshape the postpandemic economy. Mistral...