💨 Abstract

Lightspeed Commerce, a Canadian payments software company with a market value of $2.08 billion, is considering a potential sale. The company is working with JPMorgan Chase and has been evaluating options, including interest from private equity firms. This decision comes after disappointing quarterly results and a shift in strategy to prioritize profitability under new CEO Dax Dasilva. The talks are confidential and a deal is not guaranteed.

Courtesy: theprint.in