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?
KASB Securities revived, plans to connect global capital with local growth companies
KARACHI:Â Khadim Ali Shah Bukhari (KASB) Securities Private Limited organised a Technology Investment Conference in Karachi to mark the launch of their brokerage...
Alibaba Singles’ Day smashes $25 billion sales record
SHANGHAI: Chinese e-commerce giant Alibaba Group Holding Ltd smashed the 2017 record for its Singles’ Day sales event on Sunday, surpassing 168...
Renowned fashion brand Chanel has no immediate plans to start online sales
PARIS: France’s Chanel has no immediate plans for online sales of its coveted outfits or handbags, a senior executive said on Friday,...
Foodpanda, after the highs, hitting the proverbial trough
In what seems like an almost unbelievable scenario, over the last few months foodpanda has witnessed a 70% decline in orders. According...
Two startups willing to bet that more Pakistanis will buy their groceries online
Hum Mart and Mandi Express have both set up online stores that serve the Karachi market, but both are going about their business in a very different way
Achasoda.com bids to simplify procurement for businesses
ISLAMABAD:Â Achasoda.com, a B2B e-commerce platform that can potentially simplify the procurement process for buying businesses has been launched in Pakistan.Â
The platform is...
Alibaba acquires 100 percent stake in Daraz
The financial details of the transaction were not revealed and Daraz would continue to operate under the same brand following the sale to Alibaba, said Rocket Internet.
82% of Pakistani urban consumers made a online purchase in 2018: Nielsen
Fashion ranks as the top online purchased category in Pakistan at 40%, followed by travel 31% and IT 29% respectively
Alibaba revenue beats estimates, but investments prolong margin squeeze
April-June saw Alibaba lead a $1.38 billion investment in Chinese logistics firm ZTO Express (Cayman) Inc and commit $320 million to a Thai e-commerce project.
Leading e-commerce companies demand ten-year tax holiday from government
ISLAMABAD: The leading e-commerce companies have demanded a ten-year tax holiday from the government to promote electronic businesses in Pakistan.
The representatives of...
Facebook, privacy, and the impact on Pakistani e-commerce
The global tech giant’s troubles may seem far removed from local concerns, but Pakistani Facebook users need to be more vigilant, says digital rights activist
Pakistan’s e-commerce market size to grow up to $1bn by 2020
ISLAMABAD: The size of the e-commerce market, one of the most important drivers of a digital Pakistan, is expected to grow up...
Moiz Ali, Harvard alum sells Native Deodorant to Procter & Gamble for $100 million
LAHORE:Â Moiz Ali, owner of San Francisco-based Native Deodorant brand has sold his company to Procter & Gamble for $100 million.
Moiz Ali, studied...
Pakistan e-commerce sales set to cross $1 billion by 2020
Pakistan has one of the highest rates of mobile and internet penetrations in South Asia with 40 million Internet subscribers and 20 million Facebook users