HeadlinesAs Bjarke leaves Daraz, more layoffs on the cards at Pakistan’s biggest eCommerce company
Up to 25% workforce at Daraz expected to be slashed, including people in senior management
Jan 24, 2024
Nisma Riaz
Nisma Riaz is a business journalist at Profit. She covers tech, retail and marketing and can be reached at [email protected] or https://twitter.com/nisma_riaz
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Headlines
HeadlinesWhy is the caretaker govt offering free money to Pakistani startups?
Unlike VC funds, the PSF is an equity-free grant, aimed at bolstering the tech ecosystem in the country, but can it do so?
Jan 10, 2024
FeaturedMaintaining a good Image
From wholesale to retail to e-commerce, Image is growing!
Dec 17, 2023
FeaturedWill retailers accept revamped PoS machines? Chikoo and Bank Alfalah seem to think so
The startup has partnered with Bank Alfalah to digitise merchants; it might change the market in more ways than one
Dec 17, 2023
HeadlinesSitara Peroxide Ltd struggles to resume production
The company was hardly operational for 6 months in fiscal year 2023, and has yet to begin production in the current fiscal year.
Dec 12, 2023
TechCareem tweaks its strategy once again as competition gets fierce
Once a clear leader in the ride-hailing market, Careem is finally trying to fight back.
Nov 30, 2023
FeaturedClosing the year with a bang: 2023 tech funding looks up
After nine long months of a funding drought, startup funding has taken a sharp turn for the better in the fourth quarter of 2023
Nov 26, 2023
HeadlinesSingapore-based startup Helpp Technologies secures $1.1mn in its first investment round
The home services company aims to digitise domestic services
Nov 17, 2023
FeaturedIs Fauji Foods finally standing on its own two feet?
After years of using the Fauji Foundation as a financial crutch, Fauji Foods reports consecutive profit growth for the first time
Oct 14, 2023
FeaturedAfter Daewoo and K-Electric, why is AsiaPak interested in Bol News?
There is only one reason to buy a television channel in this day and age: influence. But could Bol’s baggage be too much to handle?
Sep 17, 2023
News Analysis (Premium Content)What is happening to Pakistan’s edible oil market?
Quick on the heels of Dalda, Soya Supreme has also announced its intentions for an IPO
Sep 11, 2023
HeadlinesQist Bazaar has secured a Shariah Compliance Certificate. What does it mean?
In a historic move this week, SECP grants shariah compliance certificate to NBFC Qist Bazaar
Sep 11, 2023