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Bitcoin soars to record high value of $3400

bitcoin currency

Bitcoin tops $3400 as investor confidence boosts it to record high Bitcoin’s value has jumped to a record high, following a month of turmoil. Bitcoin is now worth nearly three times as much as the more traditional store of value. This means Bitcoin is now worth nearly 3 times more than an ounce of gold. The price of bitcoin reached a new ... Read More »

Daraz and Kaymu announce merger in Pakistan

Daraz and Kaymu announce merger across Asia

Both e-commerce giants will continue their work under the umbrella of Daraz Group The two leading Asian e-commerce giants Daraz and Kaymu have decided to join hands in order to enhance the value proposition to customers and sellers and accelerate growth in Pakistan. According to Daraz Group, there will one active website – www.daraz.pk – through which the ecommerce company ... Read More »

Daewoo begins its own Cab App to compete with Uber and Careem

Daewoo begins its own Cab App to compete with Uber and Careem

Islamabad, Lahore, Peshawar, Karachi, Multan and Abbottabad residents can avail Daewoo ride-hailing service Daewoo can be listed in one of those premium transport services that we used to travel before Uber and Careem entered in Pakistani market. Now the company has decided to step into the game too with its own cab-booking service to indirectly contest Uber and Careem. Daewoo ... Read More »

Xiaomi to donate Rs. 1,000 to Shaukat Khanum Hospital on every phone sold

Xiaomi to donate Rs. 1,000 to Shaukat Khanum Hospital on every phone sold

The initiative to raise awareness and funds started in Ramzan and will run till 15 days after Eid The Chinese tech giant – Xiaomi while keeping their vision of spreading happiness and making lives better has joined hands with Shaukat Khanum Memorial Cancer Hospital to help raise awareness drive. With every phone purchased from Xiaomi Pakistan store via Mi online store, you ... Read More »

Pakistani women entrepreneurs encouraged by response of EU market

Pakistani women entrepreneurs encouraged by response of EU market

Pakistani businesswomen delighted to see the demand for Pakistani products in Europe The recent visit of Pakistani women entrepreneurs to Europe proved to be very encouraging after which they have decided to hold exhibitions in different countries annually to introduce Pakistani products. Women entrepreneurs linked to Islamabad Women’s Chamber of Commerce and Industry (IWCCI) recently visited Hungary and Italy where they ... Read More »

JS Bank and Dellsons discuss Prospects & Challenges of Emerging Digital Ecosystem

JS Bank and Dellsons discuss Prospects & Challenges of Emerging Digital Ecosystem

Pakistan should focus on collective efforts to promote the digital ecosystem by adopting the collaboration mindset, seminar speakers suggested The seminar on Emerging Digital Ecosystem – Prospects and Challenges was organized by Dellsons in association with JS Bank. The conference was aimed at bringing all the senior management of JS Bank and Group companies on one platform to make collective ... Read More »

Alibaba all set to enter Pakistan after signing first MoU

Alibaba all set to enter Pakistan after signing first MoU

Alibaba Group’s Executive Chairman, Jack Ma and PM Nawaz Sharif witnessed the signing ceremony Pakistan signed a Memorandum of Understanding with Alibaba Group Holdings Limited on Tuesday to improve country’s global exports by Small and Medium Enterprises (SMEs) through e-commerce. The agreement between Alibaba and Trade Development Authority of Pakistan (TDAP) was signed by Commerce Minister Khurram Dastgir and Michael Evans, President ... Read More »

Bank of China gets license from State Bank to operate in Pakistan

Bank of China

Bank of China makes its way into Pakistan with $50 million investment Bank of China (BoC) will set up its first branch in Pakistan as it has received its banking license from Pakistan’s central bank, the State Bank of Pakistan (SBP). The government-run Bank of China (BoC) will initially bring in $50 million to meet minimum capital requirements. The new ... Read More »

Uber confirms $500 million investment in Pakistan

Uber confirms $500 million investment in Pakistan

Uber aims to create over 250,000 economic opportunities for Pakistanis Uber is committing US$500 million investment to growing its operations in Pakistan. This financial backing is supported and accelerated by the arrival of Uber’s Head of Europe, Middle East and Africa, Pierre-Dimitri Gore-Coty this week. The Uber team and Gore-Coty met with the Chairman Federal Board of Investment Dr. Miftah ... Read More »

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