Alibaba’s Jack Ma to step down in one year, Zhang to become chairman
Ma, who co-founded Alibaba in 1999, is one of China’s richest people with a net worth of $36.6 billion, according to Forbes
Alibaba co-founder Jack Ma to retire: New York Times
Ma, who founded Alibaba in 1999, stepped down as chief executive in 2013. He currently serves as the company’s international face at top political and business events
CPEC digital information channel fully connected
'On July 13, the 2,950-kilometer-long China-Pakistan optical cable from Urumqi to Rawalpindi was fully connected and tested well.'
BEIJING: The 'China-Pakistan Economic Corridor (CPEC)...
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.
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
Ezbuy.com, bringing the world to Pakistani consumers
And delivering it at their doorstep
Careem planning to spend $150 million to launch food delivery business
CareemFood will be launched in Pakistan as soon as September and then in the United Arab Emirates, Saudi Arabia, other Gulf countries, and Egypt
Yayvo sales set to surpass billion rupees mark this year: Report
According to estimates of M.A Mannan, CEO TCS Holdings, 40 to 45 percent of e-commerce sales were being conducted in rural areas
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,...