Fact check: PayPal is not coming to Pakistan
Contrary to IT minister Umar Saif’s claims, PayPal and Payoneer are just entering into a partnership to add PayPal as a payment method on Payoneer
Turkish fintech unicorn Papara set to acquire SadaPay in possible $50mn deal
Papara commits to invest $10mn further to solidify SadaPay’s position as banking challenger
Cheetay mulling shut down, Dastgyr, others look towards layoffs as startups go through another purge Â
Hurting macros, global dearth of risk capital lead to massive layoffs, closures in Pakistan’s startup scene.Â
Instagram surpasses YouTube in ad revenue
Court filing reveals Instagram's massive contribution to Meta's earnings since its acquisition in 2012 for $1 billionÂ
OpenAI launches Sora, a new AI model for generating videos
OpenAI has introduced Sora, a revolutionary AI model capable of creating videos up to 60 seconds long from simple text prompts. This...
Productive policies or PR fluff — How useful were the interim government’s IT initiatives?
The interim IT minister claims large successes in five different areas. Profit looks at how much is real and how much is posturing
Careem tweaks its strategy once again as competition gets fierce
Once a clear leader in the ride-hailing market, Careem is finally trying to fight back.
Why did Retailo raise a phenomenal seed round?
LAHORE: B2B e-commerce marketplace Retailo Thursday announced raising $6.7 million in what the company claimed was the largest seed round for a...
In a swift turn of events, Swyft Logistics undergoes major management changes
KARACHI: Swyft Logistics recently underwent a significant shakeup in its management structure. Muhammad Uns was relieved of his duties as CEO on...
Apple to launch new AI-based code completion tool
This tool aims to emulate the functionality of Microsoft's CopilotÂ
New WhatsApp privacy policy comes into force
As WhatsApp's new privacy policy goes live, the messaging platform announced it will not delete user accounts if they don't accept the...
Spotify in Pakistan: Will Pakistani artists finally be able to make a living off their work?
Despite a variety of local music streaming services being launched in Pakistan, a platform of Spotify's size and reach could be a potential game changer
Pakistan’s online jobs advertiser Rozee launches freelancing platform Azadee
Pakistan’s online jobs platform Rozee.com today announced the launch of an indigenous freelancing platform for Pakistani professionals, called Azadee.Â
Rozee built this platform...
Careem overcharges customers tens of thousands of rupees for short-distance rides
KARACHI: Ride-hailing platform Careem users in Pakistan have reported being massively overcharged for the usual short-distance rides, that the company says happened...
Marriage apps are here. Which one would you choose?
In the background of the big fat shaadi industry, two new apps are hoping to tap into how people meet