Careem looks to raise up to $200 million in China: source
In a separate development, Careem has been working with investment bank Jefferies as an adviser on investment options and fundraising, including a potential mergers and acquisition deal in the region with Uber Technologies Inc
National Incubation Centre graduates its second cohort of 15 startups
ISLAMABAD: The National Incubation Centre – a public-private partnership of Ministry of Information Technology and Telecom (MOITT), Ignite (formerly National ICT R&D Fund),...
82% of Pakistani urban consumers made a online purchase in 2018: Nielsen
Fashion ranks as the top online purchased category in Pakistan at 40%, followed by travel 31% and IT 29% respectively
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
021Disrupt: First step towards building a Silicon Gali in Pakistan?
How one conference wants to help create an entrepreneurship ecosystem in the country that badly needs one
Zanroo will allow Pakistani social media marketers to ‘listen’ to you
Thai social media platform is launching its multilingual social listening tool in Pakistan
Uber posts $1 billion loss in quarter as growth in bookings slows
Revenue for the quarter was $2.95 billion, a 5 percent boost from the previous quarter and up 38 percent from a year ago
FIA instructs banks to bolster their cybersecurity in compliance with global standards
BankIslami admitted that a major amount had been transferred from it by the hackers based in 45 countries
PTCL, Convo collaborate to facilitate Pakistani enterprises
Partnership aims to bring the next-generation employee collaboration and communication solution to PakistanÂ
KARACHI: Pakistan Telecommunications Company Limited (PTCL) has signed a...
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
Provinces brief Senate on IT plans, developments
ISLAMABAD: All four provinces on Tuesday briefed the Senate’s Standing Committee on Information Technology on the details of projects, development of services and...
Singapore central bank chief warns of risks to data localisation measures
A number of other countries in Asia and elsewhere are pursuing data localization laws as they seek greater control over the internet
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
Turkey to host ‘Blockchain Economy Istanbul Summit’ for crypto investors
The most in-depth blockchain and cryptocurrency conference of the region with the best names of the field in the international arena will...
Twitter cuts suspect users from follower counts again, blames bug
Pop star Katy Perry lost about 861,000 followers, according to social measurement firm Social Blade and Twitter’s own account lost 2.4 million followers