Transactions through e-banking channels touched Rs47.4 trillion in FY18: SBP
The number of local e-commerce merchants registered with banks reached 1,094 and consumers carried out 3.4 million online e-commerce transactions valuing Rs 18.7 billion
Samsung Electronics projects record first quarter profit
SEOUL: Samsung Electronics Co Ltd tipped a surprise record first-quarter profit on Friday but market reaction was muted due to growing concerns...
Fintech startup Abhi bags $2mn in funding to finance salary advances
LAHORE: Abhi, a Karachi-based salary advance platform, has raised $2 million in a seed round, the company announced in a statement.
Founded by Omair...
Patari appoints new CEO amid allegations of merit violation, nepotism
--Company's senior official shuns allegations, says recruitment process was completely transparent
--CEO Zarlasht Faisal says she is poised to take company towards greater...
President KCCI to inaugurate ICT Gala 2018 on Friday
KARACHI: President Karachi Chamber of Commerce and Industry (KCCI) Muffasar Atta Malik will inaugurate ICT Gala 2018 being organised by Pakistan Computer...
Rovio, maker of Angry Birds set to hold IPO
Helsinki: The maker of hit mobile phone game “Angry Birds” is planning an initial public offering to raise around 30 million euros...
Pakistan exports IT products, services to over 100 countries: Anusha Rahman
ISLAMABAD: The Information Technology (IT) export market of Pakistan has expanded to over one hundred countries during the last five years of the...
Uber being investigated for spying on its competitor Lyft
Dallas: The Justice Department in Manhattan is investigating whether Uber illegally used software to track drivers for Lyft, its main ride-hailing competitor,...
Spotify launches in the Middle East and North Africa
Before the launch in the Middle East and North Africa, Spotify’s music streaming services were available in 65 markets, according to its website
Daraz.pk’s online orders increase by nine times since March
Daraz.pk, Pakistan’s largest online marketplace, said on Sunday that its e-commerce and digital sales registered a huge increase during the Covid-19 pandemic...
Apple’s new, lower priced iPhone draws tepid response in Asia
HANGZHOU: Apple Inc's new, lower-priced iPhone that comes with a faster processor but lacks 5G technology disappointed Asia, where cheaper and feature-packed...
Fintech company OneLoad announces $11m raise from Bill & Melinda Gates Foundation, others
LAHORE: Pakistan’s fintech company OneLoad has announced raising $11 million in new funds as it focuses on the next phase of growth.
OneLoad’s...
Apple earnings rise 12pc to $8.7b for quarter of April-June 2017
San Francisco: Apple's earnings climbed 12 percent to $8.7 billion in the company's latest quarter amid rising demand for iPhones while the...
Bitcoin claws back to $10,500, after US regulator approves futures
LONDON: Bitcoin rebounded on Friday to hit the day’s highs above $10,500, recovering from an earlier dip below $9,500, after the U.S....
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...