Shopify’s vice president of brand and communications Amy Hufft has resigned as the Canadian ecommerce company continues to be one of the hardest hit by the market sell-off in tech stocks. Hufft worked at Shopify for more than four years, serving as the company’s spokesperson. “Amy played a pivotal role in telling the world about Shopify for nearly four years and was a deeply valued member of...
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Sequoia Capital China Buys Discounted Stake in Prominent E-Commerce App
Sequoia Capital China recently acquired a stake in Chinese social e-commerce app Xiaohongshu from existing investors at a discount to the company’s most recent equity financing valuation, according to three people with knowledge of the matter. Sequoia China, which is preparing to separate from Silicon Valley’s Sequoia Capital next year, bought the Xiaohongshu shares earlier this...
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