Alibaba wants Pakistani exporters to get listed on its B2B electronic portal

KARACHI: Alibaba Group, the Chinese e-commerce behemoth wants Pakistani exporters to get listed on its business-to-business (B2B) electronic portal, said a company...

Luxury watchmakers shed reluctance, eye booming online sales

BASEL: A boom in online luxury goods sales is finally convincing high-end watchmakers, long skeptical that customers would pay thousands to buy...

Alibaba in talks with Rocket Internet to acquire Daraz: Report

LAHORE: Alibaba, amongst the world’s leading e-commerce players is contemplating to purchase Rocket Internet’s online retail unit Daraz in Pakistan. According to a...

Digitalisation to help achieve economic growth target of 6 pc this year: Sindh governor

KARACHI: Pakistan has done a massive job at deploying digital technology which significantly supports the acceleration of economic growth to the set...

SECP reveals 19 per cent increase in new companies registration

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) in February has registered 1,021 new companies. As compared to the corresponding month...

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...

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...

E-commerce: Where does Pakistan stand?

Pundits predict hitting $1 billion mark by 2020 In today’s digital world where the West is positioned firmly in the e-commerce market,...

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...

UPS, FedEx shares plummet after reports claim Amazon entering delivery business

NEW YORK: United Parcel Service Inc and FedEx Corp shares fell 2 per cent on Friday after a report said Amazon.com Inc...

SME development directly co-related to cross-border e-commerce, says: Anusha Rahman

ISLAMABAD: Pakistan’s Minister of State for IT and Telecommunication, Anusha Rahman while speaking in Davos on a roundtable conference on e-commerce said...

E-Commerce on ascend in Pakistan, Rs9.8b payments accepted through banks: SBP

ISLAMABAD: Business to consumer E-Commerce (e-B2C) is on the rise in Pakistan as 571 local e-commerce merchants were already accepting payments through...

Ministry of Commerce finalises e-commerce policy

ISLAMABAD: After an exercise of around two years, Ministry of Commerce (MoC) has finalised the policy framework for e-commerce and digital trade which...

France sues Amazon over marketplace rules

PARIS: The French finance ministry said on Monday it has brought a court case against Amazon for abuse of its dominant position...

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...