Vancouver, BC is an ever-changing city with new developments and exciting news stories emerging all the time. In today’s blog post, we’ll take a look at breaking business news in Vancouver that you need to know. We’ll cover topics like startups, companies expanding to Vancouver, and major business events happening in the city.
Startups are huge in Vancouver right now, thanks in part to new government initiatives to attract tech talent to the city. One exciting startup story is that of Trulioo, a local company that recently raised $394 million in funding. Trulioo uses data analytics to help businesses verify the identity of their customers, making it an integral tool for any online business. Another local startup to look out for is Mojio, a connected car platform that raised $45 million in funding this year. With the automotive industry rapidly evolving, companies like Mojio have huge potential for growth in Vancouver.
Another exciting bit of news for Vancouver’s business scene is the expansion of major companies to the city. Last year saw Amazon open an office in Vancouver, with plans to employ 1,000 workers and invest $200 million in the city. This year, Microsoft announced plans to double its Vancouver workforce by hiring an additional 500 engineers. These companies are drawn to Vancouver due to its highly-educated workforce and desirable living conditions.
Vancouver also hosts many major events throughout the year that are important for the local business community. One such event is the TED Conference, which brings together some of the world’s most innovative thinkers and entrepreneurs for talks and networking opportunities. Another significant event is the GLOBE Forum, which focuses on sustainability and environmentalism in business. Attending these events can provide opportunities for businesses to make important connections and gain insights into their industries.
In conclusion, Vancouver’s business environment is vibrant and constantly evolving. With startups like Trullio and Mojio making waves in tech, and major companies like Amazon and Microsoft expanding to the city, there are plenty of exciting developments to keep an eye on. Additionally, business events that take place in Vancouver, like the TED Conference and GLOBE Forum, are great opportunities for networking and education. Keep up with breaking business news in Vancouver for more insights into this dynamic and growing city.
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