Audi’s electric SUV faces four-week delay owing to software bug
FRANKFURT: Audi’s first electric sport utility vehicle (SUV) will hit showrooms four weeks later than planned because of a software development issue, a...
Karachi restaurants suspend delivery through Foodpanda
KARACHI: Citing "unfair practices" as reasons, the All Pakistan Restaurant Association (APRA) has announced suspension of business with mobile food delivery marketplace...
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
US-based Tofino Capital to invest in Pakistan’s startups from $10mn fund
To join the funding rush in the world’s last big market, Washington-based Tofino Capital has announced its plans to invest in Pakistan’s...
Careem launches in Multan, Gujranwala and Sialkot
Careem is set to create a million jobs by 2020 with its aggressive expansion across Pakistan.
Careem, Pakistan’s leading ride-hailing app has announced...
Telecom service providers are development partners of govt: minister
ISLAMABAD: Punjab Finance Minister Dr Ayesha Ghaus Pasha has said that the telecommunication service providers are development partners of the provincial government...
Pak-China fibre optic cable set for opening today
The projects total cost is projected at $44 million and 85 percent of the loan has been provided by Exim Bank of China at a discounted rate
Gojek launches digital out-of-home advertising solution GoScreen
The courier and motorcycle ride-hailing services turned super app company has launched a digital programmatic out-of-home advertising solution
Pakistan’s Ailaaj announces $1.6mn in seed funding to scale as full-stack digital healthcare platform
LAHORE: Ailaaj, Pakistan’s first full-stack digital healthcare platform which is offering end-to-end patient care services, Wednesday announced raising $1.6 million in its...
Amazon becomes most valuable publicly-traded company
The online sales goliath assumed the top spot after notching a 3.4 percent gain to finish with a market capitalisation of $796.8 billion, about $13.2 billion more than Microsoft
Smartphone maker Xiaomi submits documents for Hong Kong IPO
Beijing-based Xiaomi is the world’s fourth-biggest smartphone maker by shipment volume, according to International Data Corp
Google Launchpad Accelerator now open to Pakistani startups
Karachi:Â Launchpad Accelerator give us an opportunity to work with and empower amazing developers, who are solving major challenges all around the world...
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...
Vivo commits to invest $30m in Pakistan
Lahore: Vivo has committed to investing $30m in Pakistan with the intention of becoming the country’s number one smartphone company.
In China, Vivo...
Samsung plans refurbished smartphone programme
Samsung Electronics Co Ltd plans to launch a programme to sell refurbished used versions of its premium smartphones as early as next...