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Ecommerce

E-commerce underbelly

EDITORIAL: Nearly six years after the introduction of the much-hyped Device Identification, Registration and ...

Published 19 Mar, 2024 04:53am

Business & Finance

Daraz announces layoffs

KARACHI: Alibaba-owned e-commerce platform Daraz Group has announced layoffs across the group to “adopt a more...

Published 28 Feb, 2024 06:10am

Pakistan

NAVTTC, Daraz sign MoU to impart e-commerce training to youngsters

KARACHI: National Vocational and Technical Training Commission (NAVTTC) on Friday joined hands with Daraz to impart...

Published 16 Dec, 2023 05:49am

SECP registers 2,234 new companies in Nov

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 2,234 new companies in November ...

Updated 10 Dec, 2023 09:34am

Business & Finance

Growth of pharma sector linked to good policies

KARACHI: Conducive policies, fair pricing mechanisms, and investment in research and development are crucial for the...

Published 15 Nov, 2023 06:09am

Technology

Pakistan’s Krave Mart raises funds as it eyes profitability next year: report

Krave Mart, a grocery delivery startup, has raised Pakistan’s third-largest funding round for the year, reported...

Published 11 Nov, 2023 01:54pm

Business & Finance

SECP registers 2,477 new companies in September

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 2,477 new companies in September...

Published 13 Oct, 2023 05:50am

Markets

Pakistani ecommerce logistics startup Rider looking to acquire BlueEx

KARACHI: Pakistani ecommerce logistics startup Rider, backed by YCombinator, is looking into acquiring BlueEx, the...

Updated 05 Oct, 2023 04:17pm

Business & Finance

Qistbazaar posts Rs1bn sales in just 17 months

ISLAMABAD: Qistbazaar, a leading e-commerce startup, has achieved the milestone of Rs. 1.0 billion in sales, in just...

Published 09 Apr, 2023 05:58am

Business & Finance

‘Gold Sponsor’ Alibaba concludes its participation in Textile Asia fair

KARACHI: Alibaba, an ecommerce giant, has concluded its participation as Gold Sponsor in the 24th edition of South...

Published 16 Mar, 2023 06:01am

Business & Finance

S4Digital announces latest acquisition in Bramerz

LAHORE: S4Digital, a Portuguese technology and services company, has announced its latest acquisition with a major...

Published 10 Mar, 2023 03:46am

Business & Finance

Daraz Group lays off 11% global workforce to prepare for ‘current market reality’

Decision comes as company ‘prepares for next phase of growth’

Updated 06 Feb, 2023 11:00pm

Business & Finance

First Alibaba.com Multan seller summit held

LAHORE: Alibaba.com, a leading platform for global business-to-business (B2B) trade, successfully hosted its first...

Published 16 Jan, 2023 06:18am

Supplements

Electronic Certification Accreditation Council (ECAC)

TEXT: Digital Economy is transforming the way businesses, governments and societies interact and operate. A...

Published 07 Dec, 2022 06:20am

Business & Finance

Digitisation of country’s financial landscape highlighted

KARACHI: In the 15th episode of State Bank of Pakistan’s Podcast series, Sohail Javaad, the executive director of...

Published 23 Nov, 2022 06:58am

Technology

Online sellers must learn innovative business models for the future

E-commerce is promising long-term solutions to the socio-economic challenges emerging in the modern era. Innovative...

Published 19 Aug, 2022 04:55pm

Business & Finance

For Pakistan’s start-ups, the ‘journey has just started’

Partner at Keystone Law says UAE and Dubai in particular should be explored for setting up headquarters

Updated 30 Jul, 2022 11:49am

Business & Finance

Mastercard partners with MCB to empower SMEs

LAHORE: Mastercard and MCB Bank have entered into a strategic partnership to boost financial inclusion in Pakistan...

Published 20 Jul, 2022 07:26am

Business & Finance

Mastercard partners with Bank Alfalah to facilitate e-commerce

KARACHI: Mastercard has announced a strategic partnership with Bank Alfalah, which will see the bank’s online...

Published 07 Jul, 2022 06:12am

Technology

Pakistan’s startups raise $103mn in April-June, amount 40% lower on quarterly basis

As per Invest2Innovate's deal flow update, 'if you’re a business that bleeds a ton of money without any path to profitability, 2021 may have been your year, but certainly not 2022'

Updated 02 Jul, 2022 08:51pm

Business & Finance

VEON Ventures makes $15m Series A investment in Dastgyr

ISLAMABAD: VEON Ltd, a global digital operator that provides mobile connectivity and services, announced that the...

Published 15 Jun, 2022 05:47am

Technology

Careem suspends food-delivery business in Pakistan over unfavourable economic conditions

Wants to redirect efforts to ride-hailing and delivery verticals

Published 02 Jun, 2022 05:52pm

Markets

FTSE 100 rebounds

LONDON: UK’s FTSE 100 rebounded on Friday as a move by China to support its economy lifted sentiment at the end of...

Published 23 May, 2022 06:15am

Business & Finance

Founded in Dubai, expanded to Pakistan: Bagallery has more countries on its horizon

DUBAI: Before the pandemic, online shopping was still a growing sector in Pakistan. When the lockdowns ensued, ...

Updated 18 May, 2022 10:20am

Business & Finance

Tourism, Agriculture & E-Commerce: Vast scope of developing small businesses in Tharparkar exists

LAHORE: There is a vast scope of developing small businesses in Tharparkar in the fields of tourism, Agriculture and...

Published 08 May, 2022 06:10am

Business & Finance

Digital payments: Bank Alfalah partners with Paymob

Karachi: Bank Alfalah has partnered with Paymob, MENA’s market-leading digital payments provider, to drive digital...

Published 19 Apr, 2022 06:04am

Business & Finance

foodpanda set aside $35m for supporting communities: report

KARACHI: The company behind app for food delivery called foodpanda dedicated over $35 million to support ...

Published 19 Apr, 2022 05:32am

Business & Finance

Amazon workers in New York vote to unionize in US first

NEW YORK: Amazon workers in New York voted Friday to launch the first US union at the e-commerce giant, a milestone...

Published 04 Apr, 2022 05:38am

Technology

Q1CY22: Pakistan's startups carry on with fund-raising momentum

Deal Flow Tracker by Invest2Innovate shows $165 million raised across 15 deals in just three months

Published 02 Apr, 2022 10:10pm

Business & Finance

Sea e-commerce unit Shopee to shut India operations

SINGAPORE: E-commerce and gaming firm Sea Ltd said on Monday it is withdrawing from India’s retail market just...

Published 30 Mar, 2022 06:08am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 22	278.62
USD PKR Interbank Buying / May 22	278.42
USD to Japanese Yen / May 22	156.32
USD to Swiss Franc / May 22	0.91
Pound Sterling to USD / May 22	1.27
Euro to USD / May 22	1.09

Stock	Volume
S&P 500 / May 21	5321.41
Nasdaq / May 21	16832.63
Dow Jones / May 21	39872.99
India Sensex / May 22	74007.26
Tokyo Nikkei / May 22	38615.77
Hang Seng / May 22	19241.22
FTSE 100 / May 22	8384.69
Germany DAX 30 / May 22	18694.36

Item	Value
Gold 10 Grams PKR / May 21	213048
Petrol/Litre / May 22	273.10
Crude Oil USD/Barrel / May 22	79.26
Karachi Cotton PKR/37.32 KG / May 22	19935
Gold Spot USD/Ounce / May 22	2413.48
Diesel/Litre / May 22	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 22 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 22 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 22 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 22 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 22 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 22 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 22 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 22 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 22 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 22 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 22 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 22 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 22 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 22 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 22 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 22 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 22 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 22 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 22 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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