E-commerce sales disappoint on occasion of Eid-ul-Fitr
As per a rough estimate, around Rs50-60 billion was spent by consumers in Karachi on Eid shopping, the city constituting 10 percent of Pakistan’s population of 207 million
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
Google to invest $550 million in Chinese e-commerce giant JD.com
Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet giant’s efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com.
Cheetay seeks to enter difficult business segments, seize market share
Cheetay.pk is intending to enter the grocery delivery segment this September and will commence services from Lahore
MoC finalises Trade Dispute Resolution Act 2018 draft
TDRC aims at swift and effective resolution of domestic and international trade disputes
Rocket Internet targets $3 billion investment in AI and Fintech
The company earlier this month divested all its shareholding in Daraz to Alibaba
GDPR sets the benchmark for data protection – What can Pakistan learn?
Over the last couple of weeks, you may have received emails from organisations such as Twitter, Facebook, YouTube, Instagram, TripAdvisor, Medium, Booking.com,...
Alibaba’s entrance to enhance Pakistan’s digital economy
Analysts often cite the absence of PayPal as among the impediments to the growth of e-commerce in Pakistan.
Data Security – issue of morality, business ethics, or inept governance?
In the murky world of numbers and big data, Pakistan, must not lag behind.
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.
Huawei Marine commences survey for PEACE submarine cable
PEACE submarine cable is expected to be active by end of 2019 and will have over 60 Tb capacity
Amazon terminates plan for office tower in Seattle over proposed tax
Amazon has said it will spend more than $5 billion and create up to 50,000 jobs in the city it chooses for its second headquarters, to be announced this year
Prime price ‘hike’ expected to rake in extra $1b revenue for Amazon
The 20 percent hike was the second time Amazon had increased its Prime subscription fee since the launch of the service in 2005
Brokerages predict Amazon market cap could cross $1 trillion in value
*Investors have been debating for months which of the United States’ tech sector heavyweights - Alphabet Inc, Apple Inc and Amazon - would be first to top a $1 trillion
Economic Survey 2017-18: Telecom sector revenues touched Rs235.5 billion in FY 2017-18
Until the end of February 2018, Pakistan’s total mobile broadband subscribers stood at 53.5 million.