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?
Creating a niche from nowhere
Still smarting from the loss of what was not long ago a small shoe business, Jawed Yasin handed over, whatever was remaining...
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...
Arif Habib invests in eCommerce startup InstaMall
LAHORE: InstaMall, an eCommerce marketplace, has successfully managed to secure pre-seed investment from Pakistani business magnate and Arif Habib Group, Chairman, Arif...
MoC finalises Trade Dispute Resolution Act 2018 draft
TDRC aims at swift and effective resolution of domestic and international trade disputes
The Black Friday phenomenon—A shopping spree that beats all binges
Upon hearing her friends’ last year’s experience of Black Friday sales in which they availed great discounts, the 21-year-old pharmacy student from...
HNL contemplating right shares issue of Rs140 million for Hum Mart
In late February, HNL had announced the incorporation of HM as its wholly-owned subsidiary and enter the online grocery business in Pakistan
Walmart in talks to purchase 40pc share in India’s Flipkart
MUMBAI: Walmart Inc is in talks to purchase a stake of more than 40 percent in Indian e-commerce firm Flipkart, a direct...
Alibaba almost broke the internet, sales exceed Pakistan’s total exports in a span of 24 hours
LAHORE: Alibaba Group broke all records at the Singles’ Day event on Saturday, generating record sales of $ 25.3 billion (168.2 billion...
Alipay set to commence services in Pakistan by end-2018
Back in March, Alibaba’s Ant Financial said it would invest $184.5million for a 45 percent stake in Telenor Microfinance Bank (TMB), a subsidiary of Telenor Group, to further develop TMB’s mobile payment and digital financial services
Alibaba nets record $30 billion in Singles’ Day haul, but growth rate plunges
Despite the record haul, the annual sales growth rate fell from 39 percent to 27 percent, at the low end of analyst estimates, and the slowest rate in the event’s 10-year history
Data Security – issue of morality, business ethics, or inept governance?
In the murky world of numbers and big data, Pakistan, must not lag behind.
Pakistan General Cosmetics Authority bill approved to regulate cosmetics industry
Global cosmetic market currently valued at $341b
Amazon contemplating entering financial sector with a checking-account like product
NEW YORK: Amazon.com Inc, the world’s largest online retailer, is in talks to create a checking-account-like product with big banks such as...
War on cash – Will the real payments revolution please stand up?
Contrary to common perception, Pakistanis are absolutely desperate to begin using internet-based payments; will the handful of well-funded fintech startups be able to break through the massive barriers to entry and get Pakistan on the road to its digital revolution?