Update: Bazaar denies report of raising $15m in seed round
LAHORE:
B2B e-commerce marketplace Bazaar has denied an earlier story by Profit that it is currently in an active process to raise $15...
Amazon officially enters Pakistan with web services
SINGAPORE: Having registered a local office under the name Amazon Data Services Pakistan (Pvt) Ltd, Amazon is forming a team for Amazon...
SBP allows pilot operation of e-commerce payment gateway
KARACHI: The State Bank of Pakistan (SBP) has given approval to the e-commerce payment gateway “PayFast” to start its operations.
The product is...
Daraz.pk’s online orders increase by nine times since March
Daraz.pk, Pakistan’s largest online marketplace, said on Sunday that its e-commerce and digital sales registered a huge increase during the Covid-19 pandemic...
Survive or Thrive – how eCommerce reacted to C19 lockdown
After the pandemic-induced lockdown, online marketplaces and e-tailers braced themselves in a spike in demand following the temporary removal of international modern trade (IMT) and local modern trade (LMT) from the equation. They had to make a decision: adapt or die?
Pakistan set to register 38 exporters with Amazon
LAHORE: The Ministry of Commerce has shared an initial list of 38 exporters for registration with the international e-commerce giant Amazon in...
Achasoda.com bids to simplify procurement for businesses
ISLAMABAD: Achasoda.com, a B2B e-commerce platform that can potentially simplify the procurement process for buying businesses has been launched in Pakistan.
The platform is...
E-commerce marketplace Tajir raises $1.8m for its B2B operations
LAHORE: Tajir, a B2B e-commerce marketplace for neighbourhood convenience stores, has raised $1.8 million in a recent financing round from a cohort...
Lahore-based B2B marketplace gets Y Combinator’s backing
Tajir, a Lahore-based B2B marketplace for mom and pop stores, has finally made it to Y Combinator to capture local market.
The new...
Tania Aidrus’s big bet on creating a Digital Pakistan
It started, as things often do in Pakistan, with a WhatsApp forward. On Thursday, December 5, a group of Pakistanis living in...
Deceitful online vendors posing grave threat to e-commerce growth in Pakistan
ISLAMABAD: With the inception of modern technology in Pakistan, e-commerce has boomed in the country within a short span of time, but...
Amazon eyes expansion in Pakistan, eager to capture e-commerce market
Amazon officials have also ensured that every effort would be made to make the process of selling on Amazon easy for Pakistani nationals.
Alibaba CEO rules out layoffs this year
This week reports circulated in Chinese media that e-commerce site and Alibaba rival JD.com Inc would lay off 10 percent of its senior executives. The company declined to comment directly on the cuts
Global e-commerce sales will skyrocket to $3 trillion by 2022: Fitch Solutions
China is the largest e-commerce market globally with total e-commerce sales forecast at $834 billion in 2019 and projected to further rise to $1.24 trillion by 2022
Amazon does not have a Pakistan presence. These Pakistani entrepreneurs are selling on it anyway
The global e-commerce giant has ignored Pakistan, but many enterprising individuals and companies have found ways to use the platform to their advantage by getting around the legal hurdles