11:52 AM EDT, 05/23/2025 (MT Newswires) -- (Updates shares.)

Lightspeed Commerce ( LSPD ) said Friday its NuORDER platform will help power the digital extension of a trade event in Copenhagen organized by Mandatory, a contemporary mid high-end market platform.

The third edition of the event scheduled Aug. 5-7 will merge physical and digital experiences, supporting the vibrant and fast-growing Nordic fashion community.

Lightspeed noted that buyer activity from Nordic-region retailers on the NuORDER platform surged by 40% year-over-year in the first quarter.

"The increase in buyer activity on the NuORDER platform early this year clearly indicates a growing market demand and a renewed engagement within the industry," said Chris Akrimi, general manager of NuORDER by Lightspeed. "The Mandatory event presents a unique opportunity for brands and retailers to combine physical meetings with digital ordering, a trend we expect to see adopted globally as the retail industry seeks to evolve and streamline its operations."

Lightspeed shares were last seen up $0.48 to $14.22 on the Toronto Stock Exchange.

Price: 14.22, Change: +0.48, Percent Change: +3.49