Tech startup from Karachi wins Rs1mn in StartUp Cup
LAHORE: The fourth edition of the 2017-18 StartUp Cup, funded by the United States was won by a team from Karachi, Retailistan, that beat 17 other...
Amazon to foray deeper into fresh produce in India
BENGALURU: Amazon.com Inc expects groceries and household products to account for over half of its business in India in the next five...
Amazon vies to increase share in Pakistani fashion outlet
LAHORE: In an interesting development, Amazon which already owns a 33 percent stake in Pakistani fashion-based portal Clicky.pk is interested in increasing...
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 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...