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  5. LSPD: Now that SHOP has announced plans to enter the point of sale hardware business, is it lights out for LSPD? [Lightspeed Commerce Inc. Subordinate Voting Shares]
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Q: Now that SHOP has announced plans to enter the point of sale hardware business, is it lights out for LSPD?
Asked by Mike on May 29, 2023
5i Research Answer:

The two companies do have different customer targets, but SHOP has noticed more customers are using its POS Pro solution. LSPD still has strong market share in hospitality and we would not yet see this as a maor concern. But it is one reason why we like continue to like SHOP better overall than LSPD.

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