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
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
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...
Saudi Arabia says has ‘nothing to do’ with Bezos-AMI dispute
AMI said on Friday it's reporting on Bezos was lawful and it would investigate his claims
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,...
PTA actively pursuing broader targets for telecom services development
ISLAMABAD: Pakistan Telecommunication Authority (PTA) – dynamically engaged in changing telecom landscape of Pakistan – has tackled every new challenge with determination,...
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
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...
Commerce ministry fails to prepare e-commerce policy framework draft
ISLAMABAD: Ministry of Commerce (MoC) has failed to prepare the draft on e-commerce policy framework during the last two years.
Senior officials said...
The Black Friday phenomenon—A shopping spree that beats all binges
Upon hearing her friends’ last year’s experience of Black Friday sales in which they availed great discounts, the 21-year-old pharmacy student from...
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 nets record $30 billion in Singles’ Day haul, but growth rate plunges
Despite the record haul, the annual sales growth rate fell from 39 percent to 27 percent, at the low end of analyst estimates, and the slowest rate in the event’s 10-year history
Amazon becomes most valuable publicly-traded company
The online sales goliath assumed the top spot after notching a 3.4 percent gain to finish with a market capitalisation of $796.8 billion, about $13.2 billion more than Microsoft
MoC finalises Trade Dispute Resolution Act 2018 draft
TDRC aims at swift and effective resolution of domestic and international trade disputes
Momentum Pakistan 2018 to see participation from Facebook, Microsoft & Amazon
LAHORE: To mentor aspiring Pakistani entrepreneurs, a workshop Momentum Pakistan 2018 is being held in Karachi on February 19th and 20th next...