B2B marketplace Dastgyr announces $37m Series-A raise as it widens services beyond kiryana stores
Pakistan’s B2B eCommerce marketplace Dastgyr has announced raising $37 million in a Series A funding round led by Pakistan’s Veon Ventures, whose...
The Big Bird’s-eye view of Pakistan’s IT Industry
A writer, entrepreneur and the face of Pakistan’s IT and start-up ecosystem, Jehan Ara, President of Pakistan Software Houses Association (P@SHA) for...
Hackers delete Bykea database, company unaffected due to backups
LAHORE: Early on Tuesday morning, Bykea experienced a breach wherein hackers managed to infiltrate and delete an entire database, though the company...
Ant Financial raises $10 billion from global and local investors
The fundraising values the firm at $150 billion, the people said, compared with about $60 billion after its previous fundraising in April 2016
HP, Dell, other tech firms plan to shift production out of China
--Microsoft, Alphabet, Amazon, Sony and Nintendo are also looking at moving some of their game console and smart speaker manufacturing out of...
98pc increase in budget allocation to boost IT sector
All the projects were funded by the indigenous resources of the government and not a single penny is taken as a foreign grant, revealed the budgetary document
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
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...
BOI chief lauds Chinese investment in Pakistan’s services sector
Chinese company Timesaco is launching five e-services in Pakistan, including 'Buraq' taxi service
ISLAMABAD: Board of Investment (BOI) Chairman and State Minister...
Fintech firms want to shake up banking, and that worries the Fed
From 2010 to 2017, more than 3,330 new fintech firms were created, according to the Treasury, with financing for such firms soaring thirteen-fold over that period to $22 billion
Govt striving for technology promotion
FAISALABAD: State Minister for Finance Rana Muhammad Afzal Khan said on Saturday the government was striving hard to promote technology which was...
Pakistani e-commerce platform PriceOye announces six-figure funding in recent round
LAHORE: E-commerce platform PriceOye on Saturday announced that it has raised six-figure funding in its ongoing pre Series-A round led by a...
PTA bans five dating apps citing ‘immoral content’
The Pakistan Telecommunication Authority (PTA) has blocked five dating and live streaming applications citing "immoral content", it said in a statement on...
Paypak gets approval to launch its payment services
Lahore: State Bank of Pakistan (SBP) has given approval to Onelink for launching its Paypak payment services.
Once Paypak starts its operations commercially,...
Alibaba founder defends overtime work culture as ‘huge blessing’
'If you don't work 996 when you are young, when can you ever work 996?'
SHANGHAI: Alibaba Group founder and billionaire Jack...