![]() Our goal is to help them simplify their operations, provide them unparalleled opportunities to scale and equip them to deliver exceptional customer experiences. As economies reopen around the world and new business creation accelerates, we believe Lightspeed's one-stop commerce platform remains a crucial lifeline for independent businesses. ![]() The NuORDER transaction was closed last month with Ecwid expected to close by the end of this quarter. And finally, we announced definitive agreements to acquire NuORDER and Ecwid, which will help transform Lightspeed into one-stop commerce platform. We established a partnership with the leading restaurant reservation platform, OpenTable. We closed the acquisition of Vend in the quarter with that group delivering better-than-expected results. Lightspeed launched payments in the international markets starting with the U.K., and earlier this week, announced five more European launches, including Germany, Switzerland, France, Belgium, and the Netherlands. In addition to the strong execution this quarter, we managed to advance some key strategic initiatives. Kei will be using Lightspeed Restaurant to run its award-winning establishments. Kei is the first Paris-based Japanese restaurant to secure a three-star Michelin rating in addition to acknowledgments from Les Grandes Tables du Monde and Gault & Millau. Telluride will use Lightspeed Retail, Lightspeed e-commerce, and Lightspeed Payments to help run its vast resort activities.Īnd finally, restaurant Kei. ![]() Telluride Ski Resort, the world-renowned Colorado ski resort has chosen Lightspeed as its core commerce platform. The American aerospace company founded by Elon Musk has chosen Lightspeed Restaurant, Lightspeed Ordering, and Lightspeed Payments to support its hospitality operations at its California headquarters. Some notable customer wins in the quarter include SpaceX. ![]() Payments penetration continues to increase with approximately 10% of our GTV processed through our payment solutions. GTV was strong, growing 203% year over year to 16.3 billion. The company now maintains over 150,000 retail and hospitality locations globally. ![]()
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