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Startups

Pakistan's Retail Startup Unity Retail Raises Six-figure Seed Funding

Pakistan's Retail Startup Unity Retail Raises Six-figure Seed Funding

  • Pakistan's e-commerce retail solution startup, Unity Retail, has successfully raised a six-figure Seed funding round in US dollars led by Boston Equity Partners.
  • Unity Retail hopes to use this investment for further marketing and product development.
Published 18 Jan, 2021 12:17pm
Airbnb valuation surges past $100bn in biggest US IPO of 2020
Markets

Airbnb valuation surges past $100bn in biggest US IPO of 2020

  • Shares opened at $146 on the Nasdaq, far above the initial public offering (IPO) price of $68 apiece that raised $3.5 billion for the company.
  • The IPO highlights a stunning recovery in Airbnb's fortunes after the firm's business was heavily damaged by the COVID-19 pandemic earlier this year.
Published 11 Dec, 2020 12:03am
NASA paying startups $1 for moon rocks
Technology

NASA paying startups $1 for moon rocks

  • The startups will collect "a small amount" of material from the surface of the moon's south pole in 2023, NASA announced.
  • The total contract is worth $1 — with the first payment representing 10% of the total.
Updated 05 Dec, 2020 02:56pm
Apple to lower App Store fees for smaller developers
Technology

Apple to lower App Store fees for smaller developers

  • Apple takes a 30% cut of most purchases made on the App Store, although the commission drops to 15% for subscriptions that remain active for more than a year.
  • The App Store generated $59.3 billion from gross consumer spending in the first 10 months of 2020.
Published 18 Nov, 2020 09:14pm
An Interview with Taimur Saleem Khan Jhagra, Minister for Health and Finance, Khyber Pakhtunkhwa
Pakistan

An Interview with Taimur Saleem Khan Jhagra, Minister for Health and Finance, Khyber Pakhtunkhwa

In this interview, Taimur Saleem Khan Jhagra talks about the progress of Khyber Pakhtunkhwa in terms of Governance, Health and productivity. He talks in depth about the BRT Peshawar, 18th Amendment, Covid19, the monumental Sehat Card Program and Khyber Pakhtunkhwa’s road towards universal health coverage, MTI Reforms and KPK Government’s steps to address the country’s productivity issues.
Updated 12 Nov, 2020 02:07pm