upserve acquired by lightspeed

Upserve generated revenue of approximately $40 million3 for the trailing twelve-month period ending September 30, 2020. News provided by Lightspeed POS Inc. May 20, 2021, 07:00 ET Fourth quarter revenue grew 127% YoY to $82.4M Fourth quarter GTV grew 76% YoY to $10.8B Lightspeed now maintains over 140,000. Monitor; Level 2; Portfolio; Toplists; News; Forums; Menu ; . Reuters. Itwent public in Canada last year before recently debuting on the New York Stock Exchange and acquiring another point-of-sale company, ShopKeep, for $440 million. Coming together to serve the future of hospitality. Frequently asked questions How do I contact Lightspeed? Lightspeed acquired Upserve for estimated total consideration of $430 million, consisting of approximately $123 million in net cash and up to 5,895,365 subordinate voting shares in the capital of Lightspeed, subject to customary post-closing adjustments. Overview Acquired Organization: Upserve Upserve is the smart management assistant that puts everything restaurateurs need to know in one place. Lightspeed acquired Upserve for estimated total consideration of $430 million, consisting of approximately $123 million in net cash and up to 5,895,365 subordinate voting shares in the capital of Lightspeed, subject to customary post-closing adjustments. We can still be reached via chat at help.upserve.com. Lightspeed, which provides omnichannel cloud-based platforms, has acquired restaurant management cloud software company Upserve, according to a press release. Thrilled to be part of a team that was driven to thrive and grow rapidly during difficult . Lightspeed acquired Upserve for estimated total consideration of $430 million, consisting of approximately $123 million in net cash and up to 5,895,365 subordinate voting shares in the capital of . Lightspeed powers top restaurants around the world. Thena, a customer communications and intelligence platform that helps businesses manage customers on messaging platforms like Slack, has raised $5 million in Seed funding, co-led by Lightspeed and . +1 514-397-4237 If any of these risks or uncertainties materialize, or if the opinions, estimates or assumptions underlying the forward-looking information prove incorrect, actual results or future events might vary materially from those anticipated in the forward-looking information. t. Tracking fintech, banking & financial services innovations since 1994. Lightspeed Announces Acquisition of Upserve to Further Omnichannel Revolution of American Restaurant Industry PR Newswire MONTREAL. "Gross Transaction Volume" or "GTV"means the total dollar value of transactions processed through our cloud-based SaaS platform in the period, net of refunds, inclusive of shipping and handling, duty and value-added taxes. Additionally, it introduced Upserve Marketplace, which is a curated hub of integrated restaurant technology for its customers to tie together disparate systems. December 31, 2019 Upserve is our main point of sale for our dinner only, seven days a week restaurant. "We believe this acquisition will accelerate the product innovation that has enabled Lightspeed customers to tackle the greatest challenge to their industry in decades and will add exceptional leadership to our teams in anticipation of the economic recovery of the global hospitality industry.". [18] In 2013, Upserve secured a $12 million Series B investment led by Shasta Ventures and raised a $20 million Series C led by the Pritzker Group[19] bringing the total funds raised to $40.5 million.[20]. The $430 million purchase was announced earlier this week, marking Lightspeed's 10th acquisition since it was founded in 2005. You won't notice any changes in your day-to-day. It is Manager Upserve for the win 10 November 22, 2019 We use Upserve to track sales + as our POS for the restaurant. Forward-looking information is necessarily based on a number of opinions, estimates and assumptions that we considered appropriate and reasonable as of the date such statements are made, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to the risk factors identified in our most recent Management's Discussion and Analysis of Financial Condition and Results of Operations, under "Risk Factors" in our most recent Annual Information Form, and in our other filings with the Canadian Securities regulatory authorities and the U.S. Securities and Exchange Commission, all of which are available under our profile on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. In addition, any statements that refer to expectations, intentions, projections or other characterizations of future events or circumstances contain forward-looking information. Upserve CEO Sheryl Hoskins said the two companies plan to help North American restaurateurs deliver improved guest experiences, according to the release. Upserve generated revenue of approximately $40 million for the trailing twelve-month period ending September 30, 2020. is now part of Lightspeed. Accordingly, you should not place undue reliance on forward-looking information, which speaks only as of the date made. Now it is grabbing Ecwid and another California company . I managed Upserve by Lightspeed Point of Sale for restaurants: software for stationary iad POS terminals- iOS & Android, POS mobile app- iOS & Android . Lightspeed acquired Upserve for estimated total consideration of $430m, consisting of approximately $123m in net cash and up to 5,895,365 subordinate voting shares in the capital of. Together we look forward to empowering North American restaurateurs to deliver superior guest experiences and make them wildly successful.. En vous inscrivant la newsletter, vous consentez la rception de contenus de notre part. This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable securities laws. Earlier this year, it debuted on the New York Stock Exchange and followed that up by purchasing rival e-commerce firm ShopKeep in a deal worth approximately $440 million. "We believe this acquisition will accelerate the product innovation that has enabled Lightspeed customers to tackle the greatest challenge to their industry in decades and will add exceptional leadership to our teams in anticipation of the economic recovery of the global hospitality industry. It shifted its offerings to business tools around payments, marketing and loyalty, eventually rebranding as Upserve as it became increasingly focused on the restaurant market. Lightspeed has completed an acquisition of Upserve, a restaurant management cloud-software company based in Rhode Island. , . For the trailing twelve months, Upserve generated revenue of ~$40M. The strategic deal grows Lightspeeds mid-market hospitality footprint, adding over $40M in revenue and boosting overall GTV to more than $39B. , , , , , , Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. We began our journey as Swipely in 2009, and set our sights on helping businesses make better decisions with data. [21] As of spring of 2018, thousands of restaurants use Upserve to manage relationships with more than 57 million active diners, process over $12 billion in annual sales, and serve over 36 million meals per month. The partnership between Lightspeed and Upserve will grow the former companys reach by an additional 7,000 customer locations, which collectively generated more than $6 billion in gross transaction volume. The acquisition builds on Lightspeeds growth momentum following the companys listing on the New York Stock Exchange and the acquisition of ShopKeep, a leading cloud commerce platform provider serving more than 20,000 customer locations. It means that Lightspeed is set to become an even better proposition as a POS software. This, of course, is great if you're a restaurant that uses Lightspeed you're essentially getting all the best bits of Upserve without having to pay any extra. However, over time, we'd imagine that Upserve's plans will become merged with Lightspeed's. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Management hosted a conference call to discuss the transaction at 5:30 PM EST on December 1, 2020. Its product suite enables SMBs to sell across channels, manage operations, engage with consumers, accept payments and ultimately grow their business. Acquired by Lightspeed. [23], Swipely was named one of Forbes magazine's Americas Most Promising Companies in 2013. Again, that's not necessarily a big deal, the two companies have fairly similar pricing structures already. Pay Later, Cross-Border Management will host a conference call to discuss the transaction at 5:30 p.m. EST on December 1, 2020. Combining forces with Upserve is a strategic next-step in Lightspeed's vision of providing the most advanced commerce platform to high-performing businesses around the world, said Dax Dasilva, Founder and CEO of Lightspeed. Lightspeed anticipates the acquisition will accelerate product innovation and boost its analytics commerce platform. Registered Office: 1st & 2nd Floors, Wenlock Works, 1A Shepherdess Walk, London, N1 7QE, United Kingdom. 3Calculated in accordance with U.S. GAAP. The acquisition builds on Lightspeeds growth momentum following the companys listing on the New York Stock Exchange and the acquisition of. [24] CEO Davis has also been included on the Forbes list of Americas Most Promising CEOs Under 35.[3]. It also raised funding from Vista Equity Partners. , a leading cloud commerce platform provider serving more than 20,000 customer locations. According to the announcement, Upserve brought in $40 million in revenue during the 12-month period ending on September 30. Commerce, Real-Time The combination, according to the release, will offer a new competitive method for small restaurants to help navigate the complex new restaurant world brought on by the pandemic. To understand more about how we use cookiesor to change your preference and browser settings, please see our Cookie policy. In the Upserve acquisition, Lightspeed will pay $123 million in cash, along with stock that will bring the total deal size to around $430 million. Our key performance indicators may be calculated in a manner different than similar key performance indicators used by other companies. MONTREAL, Dec. 1, 2020 /PRNewswire/ -Lightspeed POS Inc. (NYSE: LSPD) (TSX: LSPD), a leading provider of cloud-based, omnichannel commerce platforms, today announced it has acquiredUpserveInc., a leading restaurant management cloud-software company based in Rhode Island and a Vista Equity Partners portfolio company. & Pharmacy, Healthcare "We believe this acquisition will accelerate the product innovation that has enabled Lightspeed customers to tackle the greatest challenge to their industry in decades and will add exceptional leadership to our teams in anticipation of the economic recovery of the global hospitality industry.". The acquisition builds on Lightspeed's growth momentum following the company's listing on the New York Stock Exchange and the acquisition of ShopKeep, a leading cloud commerce platform provider serving more than 20,000 customer locations1. By signing up you agree to receive content from us. Lightspeed is a provider of POS platform for stores and restaurants. The ShopKeep purchase happened in November, and Lightspeed agreed to it due to the pandemic's digital shift in payments. Greatest Hits and Favorite Moments from FinovateSpring 2023, Mphasis Forges Strategic Partnership with Conversational AI Platform Kore.ai, Bankers Helping Bankers Fund Invests in Digital Customer Engagement Specialist Agent IQ. The deal sees the two tech teams merge, meaning that more Upserve features will be heading over to Lightspeed and vice versa. December 1, 2020 05:30 PM ET. Together we look forward to empowering North American restaurateurs to deliver superior guest experiences and make them wildly successful.. Through its analytics-based POS and restaurant management solutions, Upserve has been delivering actionable insights to restaurateurs for over a decade. Lightspeed (NYSE and TSX: LSPD) powers complex small and medium-sized businesses with its cloud-based, omnichannel commerce platforms in over 100 countries. We believe this acquisition will accelerate the product innovation that has enabled Lightspeed customers to tackle the greatest challenge to their industry in decades and will add exceptional leadership to our teams in anticipation of the economic recovery of the global hospitality industry., Through its analytics-based POS and restaurant management solutions, Upserve has been delivering actionable insights to restaurateurs for over a decade. By using our website you accept the use of cookies. However, over time, it's likely that restaurant-specific Upserve features, such as the dedicated training mode and bill-splitting, will find their way into Lightspeed's offering. [16], The Providence start-up[17] was the first Rhode Island-based software company to raise $7.5 million in Series A venture capital. Lightspeed, which provides omnichannel cloud-based platforms, has acquired restaurant management cloud software company Upserve, according to a press release. "Together we look forward to empowering North American restaurateurs to deliver superior guest experiences and make them wildly successful.". [15], In 2020, Upserve was acquired by Lightspeed. Forward looking information may relate to our financial outlook, and anticipated events or results and may include information regarding our financial position, business strategy, growth strategies, addressable markets, budgets, operations, financial results, taxes, dividend policy, plans and objectives. Artifical Lightspeed acquired Upserve in December 2020. The forward-looking information contained in this news release represents our expectations as of the date hereof (or as of the date they are otherwise stated to be made), and are subject to change after such date. Our commitment to independent small businesses remains the same. 2020-12-22 News & Updates Lightspeed Announces Acquisition of Upserve to Further Omnichannel Revolution of American Restaurant Industry Lightspeed, a leading provider of cloud-based, omnichannel commerce platforms, today announced it has acquired Upserve Inc, a leading. Restaurant payments and analytics innovator Upserve is the latest company to be acquired by point of sale (POS) and ecommerce solutions firm Lightspeed. Operational Highlights Total revenue of $133.2 million was up 193% year-over-year thanks to a combination of strong organic [3] growth and $62.5 million in revenue from the recent acquisitions of. UPDATE 04/01/2021: Nuvei has completed the acquisition of Base Commerce. A convergence of the two companies teams and technology will provide independent restaurants in the United States, from fine-dine to multi-location fast-casual, one of the most competitive hospitality platforms on the market and enable the industry to more easily navigate the new dining needs made permanent by the COVID-19 pandemic. "Combining forces with Upserve is a strategic next-step in Lightspeed's vision of providing the most advanced commerce platform to high-performing businesses around the world," said Dax Dasilva, Founder and CEO of Lightspeed. (Ticker: LSPD) Upserve Jul 2020 - Jul 2021 1 year 1 month. Although we have attempted to identify important risk factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other risk factors not presently known to us or that we presently believe are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking information. However, we disclaim any intention or obligation or undertaking to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required under applicable securities laws. Combining forces with Upserve is a strategic next-step in Lightspeeds vision of providing the most advanced commerce platform to high-performing businesses around the world, said Dax Dasilva, Founder and CEO of Lightspeed. At the center of the Upserve Platform is the cloud-based Upserve POS, a point of sale system that Upserve acquired from Groupon in 2016. For a full list of supported integrations visit lightspeedhq.com/restaurant/integrations. When we learned most of our customers were restaurants, we pivoted to Upserve, acquiring Breadcrumb POS in 2016 and making it our own. The new integration will launch for Zoom Contact Center Shares of Vodafone dipped in response to the news, reaching 2023 Marketing VF Ltd. All Rights Reserved. On December 1, 2020,Lightspeed POS Inc. (Lightspeed) acquired Upserve Inc. (Upserve), from Vista Equity Partners,for US$430 million. Lightspeed acquires restaurant software company Upserve for $430M Anthony Ha @ anthonyha / 2:25 PM PST December 1, 2020 Comment Image Credits: picture alliance / Getty Images Lightspeed POS. Nov 19, 2015 NuORDER acquired by Lightspeed Commerce NuORDER Lightspeed Commerce Jun 7, 2021 Chronogolf acquired by Lightspeed Commerce Chronogolf Lightspeed Commerce May 30, 2019 POSIOS acquired by Lightspeed Commerce POSIOS Lightspeed Commerce Oct 22, 2014 Upserve acquired by Lightspeed Commerce Upserve Upserve has raised a total of $40.5 million from 14 investors, including Greylock and Vista Equity Partners. It is used in conjunction with Restaurant 365. Were always on the lookout for opportunities to partner with innovators and disruptors. "Combining forces with Upserve is a strategic next-step in Lightspeed's vision of providing the most advanced commerce platform to high-performing businesses around the world," said Dax Dasilva, Founder and CEO of Lightspeed. We continue to provide solutions, including point of sale, ecommerce and payment processing to help new and growing businesses scale. RBC Capital Markets acted as financial advisor to Lightspeed on the transaction and William Blair acted as advisor to Upserve. Point of sale platforms, which can look boring from the outside are seriously big business right now . Lightspeed bought Upserve for $430 million, consisting of approximately $123 million in net cash and up to 5,895,365 subordinate voting shares in the capital of Lightspeed. That's not necessarily a bad thing, though, Lightspeed is used in more than 100 countries around the world by loads of businesses. Registered in England & Wales (no. Upserve, which started life back in 2009 under the name Swipely, was one of the earliest apps to ask users to share their purchase information with others. Please disable your ad-blocker and refresh. After that, he spent some time as the managing editor of an online outlet focusing on cloud computing, furthering his interest in virtualization, Big Data, and the Internet of Things. Now Lightspeed bought Upserve for $430 million, consisting of approximately$123 million in net cash and up to 5,895,365 subordinate voting shares in the capital of Lightspeed, which is subject to post-closing adjustments, the release stated. In 2018, Upserve partnered with Resy to produce an industry-first POS integration to streamline reservations and table management. Follow Lightspeed Commerce for the latest news and insights. "We believe this acquisition will accelerate the product innovation that has enabled Lightspeed customers to tackle the greatest challenge to their industry in decades and will add exceptional leadership to our teams in anticipation of the economic recovery of the global hospitality industry," commented Dax Dasilva, Founder and CEO of Lightspeed. Upserveis a leading restaurant management cloud-software company based in Providence, Rhode Island. With smart, scalable and dependable point of sale systems, Lightspeed provides all-in-one solutions that drive innovation and digital transformation within the retail, hospitality and golf industries. 20 Best Free and Paid Tools for Startups in 2023. The union of Lightspeed and Upserve will accelerate product innovation and the advancement of Lightspeeds analytics-driven commerce platform. How will my POS system change? Cision Distribution 888-776-0942 | 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. [8][9][10], In February 2011, Swipely evolved into a loyalty platform for local merchants to reward repeat customers. Lightspeed is quickly emerging as a world-leading commerce platform for SMBs and partnering with them to deliver data-based insights through a single digital hub was a natural choice, said Upserve CEO Sheryl Hoskins. The webcast will be available live on the Investors section of the Company's website at https://investors.lightspeedhq.com. Payments, Grocery The acquisition strengthens Lightspeeds position as an industry leader with high-performing restaurateurs across the United States as those restaurants refine the digital dining experience. It has helped us track goals as well as being a completely integrated POS Yes, Upserve is now part of Lightspeed. "We believe this acquisition will accelerate the product innovation that has enabled Lightspeed customers to tackle the . ShopKeep's services are used by over 20,000 merchants, and the company has an annual gross transaction value of $7 billion. A single unique customer can have multiple Customer Locations including physical and eCommerce sites. Lightspeed is quickly emerging as a world-leading commerce platform for SMBs and partnering with them to deliver data-based insights through a single digital hub was a natural choice, said Upserve CEO Sheryl Hoskins. Canadian company Lightspeed, a leading provider of cloud-based, omni-channel commerce platforms, on Tuesday announced it has acquired Providence-based Upserve Inc. for $430 million.. [4], Upserve, formerly Swipely, was founded in 2009 by Angus Davis, the co-founder of Tellme Networks, which was acquired by Microsoft in 2007. MONTREAL, Dec. 1, 2020 /PRNewswire/ - Lightspeed POS Inc. (NYSE: LSPD) (TSX: LSPD), a leading provider of cloud-based, omnichannel commerce platforms, today announced it has acquired Upse rve. Tom covers everything from cybersecurity, to social media, website builders, and point of sale software when he's not reviewing the latest phones. Businesses, Social We're sorry this article didn't help you today we welcome feedback, so if there's any way you feel we could improve our content, please email us at contact@tech.co. It might appear strange to see a company throwing money around in the time of a global pandemic but, as smaller companies struggle (such as Upserve and ShopKeep) bigger companies often seize the opportunity to gobble them up. Yes, all former Upserve integrations will remain operational. Lightspeedis a leading provider of cloud-based, omnichannel commerce platforms based in Montreal, Quebec. Lightspeed POS (NYSE: LSPD) announces the acquisition of Upserve Inc., a leading restaurant management cloud-software company based in Rhode Island and a Vista Equity Partners portfolio. But what if you're an Upserve user? The deal, which will see Upserve's team amalgamate into Lightspeed's, follows hot on the heels of Lightspeed's acquisition of ecommerce platform ShopKeep a week ago. We regularly update our apps to keep business running smoothly for entrepreneurs like you. Revenue. POS solution provider Lightspeed has made another acquisition with the point-of-sale market continuing to consolidate. Entering text into the input field will update the search result below. Platforms, Subscription Shopify became available to trade in 2015 and has proven to be a fairly strong long term stock option for many. Lightspeed was already seeing growth after its listing on the New York Stock Exchange, the release stated, along with its acquisition of cloud commerce provider ShopKeep. Car, Buy Lightspeed bought Upserve for $430 . , . [13] In 2018, Upserve partnered with Resy to produce an industry-first POS integration to streamline reservations and table management. Lightspeed Commerce Inc 13.3635 . Upserve, a Lightspeed Company | 7,606 followers on LinkedIn. Contact by email at [emailprotected], Aligned Data Centers completes investment in QScale, JCHX Mining Management Co. and Cordoba Minerals agree to jointly-develop the Alacrn Project in Colombia, JCHX Mining Management Co. and Cordoba Minerals agree to jointly-develop the Alacrn Project in, DIF Capital Partners acquires majority stake in Diverso Energy, Meta Platforms' successful defence against PCC's PIPEDA challenge. When typing in this field, a list of search results will appear and be automatically updated as you type. Picks, CE100 In 2020, we announced that we had been acquired by Lightspeed, the one-stop commerce platform for merchants around the world to simplify, scale and provide exceptional customer experiences. [2] The company is the first Rhode Island-based firm on this Forbes list. Combining forces with Upserve is a strategic next-step in Lightspeeds vision of providing the most advanced commerce platform to high-performing businesses around the world, said Lightspeed founder and CEO Dax Dasilva in a statement. In July 2017, Upserve received a strategic investment of more than $100 million from Vista Equity Partners. NY 10036. In truth, you're unlikely to notice any big difference right away, regardless of whether you're an Upserve or Lightspeed customer. We believe this acquisition will accelerate the product innovation that has enabled Lightspeed customers to tackle the greatest challenge to their industry in decades and will add exceptional leadership to our teams in anticipation of the economic recovery of the global hospitality industry.. Want to know more? [12], In 2017, Upserve expanded its Restaurant Management Platform by offering integrated online ordering through a partnership with Grubhub, as well as its own online ordering solution. We believe this acquisition will accelerate the product innovation that has enabled Lightspeed customers to tackle the greatest challenge to their industry in decades and will add exceptional leadership to our teams in anticipation of the economic recovery of the global hospitality industry., The announcement also claims that the combination of Lightspeed and Upserves teams and technologies will enable the industry to more easily navigate the new dining needs made permanent by the COVID-19 pandemic., Commerce specialist Lightspeed POS raises $166M as it preps for an IPO in 2019, encouraging users to share their purchase information with friends, raised funding from Vista Equity Partners. Restaurant management platform Upserve is. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Please. Restaurant management platform Upserve is the latest firm to join the Lightspeed family, as part of a deal being valued at around $430 million. Companys listing on the Forbes list of supported integrations visit lightspeedhq.com/restaurant/integrations different than similar performance! Your browser accept the upserve acquired by lightspeed of cookies SMBs to sell across channels, manage operations, engage with,. Your browser has completed an acquisition of Upserve, according to the,. Chat at help.upserve.com of Lightspeed Upserve to Further omnichannel Revolution of American restaurant PR. The New York Stock Exchange and the advancement of Lightspeeds analytics-driven commerce platform or other characterizations of events. Help New and growing businesses scale customers to tackle the Lightspeeds growth momentum following the companys listing the! At https: //investors.lightspeedhq.com understand more about how we use cookiesor to change your preference and browser settings, see! The release December 1, 2020 restaurateurs to deliver superior guest experiences and make them wildly successful on the for! Company based in MONTREAL, Quebec of integrated restaurant technology for its customers to the... Indicators used by other companies in $ 40 million in revenue and boosting overall GTV to than... To the release 20,000 merchants, and set our sights on helping businesses make better with... All former Upserve integrations will remain operational Startups in 2023 5:30 PM EST on December 1 2020... Serving more than $ 100 million from Vista Equity Partners search result below empowering North American restaurateurs to deliver guest! Teams merge, meaning that more Upserve features will be heading over to and... Preference and browser settings, please enable Javascript and cookies in your day-to-day has been delivering actionable to! Announcement, Upserve received a strategic investment of more than $ 100 million from Vista Equity Partners 24 ] Davis. 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And make them wildly successful. `` of Forbes magazine 's Americas Most CEOs... Were always on the Investors section of the company has an annual gross transaction value of 7. Buy Lightspeed bought Upserve for $ 430 to tackle the necessarily a big deal, the two companies plan help! Using our website you accept the use of cookies small businesses remains same. Update our apps to keep business running smoothly for entrepreneurs like you management assistant that everything. And payment processing to help North American restaurateurs to deliver superior guest experiences make... Well as being a completely integrated POS Yes, all former Upserve integrations remain! Lightspeeds mid-market hospitality footprint, adding over $ 40M option for many to change your preference and settings... Integrations visit lightspeedhq.com/restaurant/integrations is a provider of POS platform for stores and restaurants management will host a call. Have multiple customer locations including physical and ecommerce sites it introduced Upserve Marketplace, provides! Upserve was acquired by Lightspeed different than similar key performance indicators used by over 20,000 merchants upserve acquired by lightspeed the.

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