NED Karachi alum Raghib Husain’s company acquired by Marvell for $6 billion

LAHORE: Another milestone of considerable magnitude has been achieved by Raghib Husain, a Pakistani-American co-founder of Cavium which was recently acquired by chip-maker Marvell in...

After a stellar entrepreneurial run, TRG is Zia Chishti’s swan song

The first thing you notice when you walk into Zia Chishti’s office in Washington DC is that you can see the White House from...

Rabeel Warraich’s $30 million bet on Pakistani entrepreneurship

How a 33-year-old middle-class Pindi boy became the first professional venture capitalist in Pakistani history

Alibaba vs Tencent in Pakistan?

The battle between China’s internet giants is about to come to Pakistan, and transform the country’s tech industry… but who will it be good for?

Ever wonder how WhatsApp makes money? Here’s how.

With a reported user base of more than 1.5 billion by February 2018, WhatsApp is one of the most popular messaging applications available today.The...

While PSX has a horrible year, one company more than doubled its share price

Avanceon Ltd’s CEO Bakhtiar Wain gears up for even faster expansion as cash flows in

Can ITU become Pakistan’s MIT?

Umar Saif’s brainchild is meant to be a research-focused institution. But it remains to be seen whether it has the ingredients necessary to be globally competitive

Pakistan’s mobile internet users stand at 21 percent of the population: Report

LAHORE: Pakistan’s mobile internet users as a percentage of the population were recorded at 21 percent at end of January 2018, according to a...

Amazon does not have a Pakistan presence. These Pakistani entrepreneurs are selling on it anyway

The global e-commerce giant has ignored Pakistan, but many enterprising individuals and companies have found ways to use the platform to their advantage by getting around the legal hurdles

BankIslami becomes victim of $6.5 million cyber-attack

Transactions of approximately $6 million as claimed by the international payment scheme have been denied by the bank.

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.

Daraz.pk : Let it live or let it die?

Rumour has it that Alibaba wants to buy Daraz.pk from Rocket Internet for $150 million (approx Rs 1500 crores). If the transaction goes through,...

Instagram not an instant fix for ailing Facebook

The social media company suffered the biggest one-day wipeout in U.S. stock market history, losing more than $120 billion in market capitalization as shares fell 19 percent a day after executives forecast years of lower profit margins due to regulatory pressure over privacy.

Bill Gates desires to invest heavily in Pakistan’s IT sector

Bill Gates, a billionaire philanthropist and the founder of Microsoft, in a letter to Prime Minister Imran Khan on Tuesday, expressed his desire to...

Habib Bank makes the pivot towards FinTech

Pakistan’s largest bank announces a big push into branchless banking, investments in technology infrastructure

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Air France mulls returning to Pakistan after 11 years: minister

Petroleum Minister Ghulam Sarwar Khan revealed on Friday that after witnessing a conducive business environment, Air France was planning to resume its service in...

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British supermarkets battle to secure stocks as chaotic Brexit looms

With no deal in sight as Britain’s March 29 exit date approaches, supermarkets are stockpiling, working on alternative supplies and testing new routes to cope with an expected logjam at the borders but say they face insurmountable barriers