ISLAMABAD (PRESS RELEASE) JazzCash, the country’s leading mobile financial service provider, has partnered with Yayvo.com (TCS E-Com), Pakistan’s largest online shopping store, to become its official payment partner for one of the biggest cricketing event of the year. This partnership will allow users to buy online tickets, merchandise and exclusiveRead More →
ISLAMABAD (PRESS RELEASE) Graana.com, the smartest property portal of Pakistan has signed MoU with Rawalpindi Chamber of Commerce and industry to hold biggest Property Expo Week on the 13th-21st of April 2019. Chairman Graana group Shafique Akbar and president Malik Shahid Saleem signed the MoU. Director Graana.com Farhan Javed andRead More →
ISLAMABAD (PRESS RELEASE) JazzCash, Pakistan’s leading mobile financial service provider, achieved the milestone of five Million Monthly Active Mobile Account Subscribers[1]. This signals Pakistan’s steady rise towards financial inclusion and upward economic mobility of communities. This would not have been possible without the customer’s trust who have processed nearly halfRead More →
Highest Annual Profit for Home Appliance and Home Entertainment Businesses in LG History KARACHI (PRESS RELEASE) LG Electronics Inc. (LG) announced record full-year revenues of KRW 61.3 trillion (USD 54.4 billion) in 2018, exceeding sales of 60 trillion won for the second year in a row. Full-year profit of KRWRead More →
KARACHI (PRESS RELEASE) Jazz, Pakistan’s leading digital communications company, has signed a transformative business agreement with ride-hailing service BYKEA. In choosing Jazz, BYKEA will now have streamlined operations for enhanced digital connectivity and efficiency. Jazz will be providing internet connectivity to not only BYKEA riders, but also the ride-hailing app’sRead More →
ISLAMABAD (PRESS RELEASE) In his first interview since 2015, Ren Zhengfei broke his silence on the series of allegation that have roiled Huawei since the second half of 2018, from restrictions on the company selling 5G products and infrastructure in some Western countries, to the arrest of his daughter HuaweiRead More →
ISLAMABAD (PRESS RELEASE) The entrepreneurs of IT sector have demanded of the government to establish an IT Technology Zone in Islamabad that would go a long way in promoting exports of IT and IT enabled services. This demand was made in a sector-specific meeting organized by Islamabad Chamber of CommerceRead More →
ISLAMABAD (PRESS RELEASE) According to statistics from the State Bank of Pakistan (SBP), overall, the IT industry managed to export IT and IT-enabled services worth $540 million, seeing a paltry increase of $20 million compared to the exports figures of the same period last year. Pakistan’s IT industry has madeRead More →
KARACHI (PRESS RELEASE) Pakistan Telecommunication Company Limited (PTCL), hosted startups and entrepreneurs from National Incubation Center (NIC), Peshawar, who presented their ideas, business models and prototypes to the senior management at PTCL Headquarters in Islamabad. The session was led by Dr. Daniel Ritz, President & CEO, PTCL, along with seniorRead More →
LAHORE (PRESS RELEASE) Huawei Consumer Business Group (CBG), the global smartphone giant, overtook Apple in second quarter of 2018 to become number two smartphone vendor globally for the first time. According to International Data Corporation (IDC) Worldwide, Huawei earned 15.8% market ahead of Apple at 12.1%. The entry of Huawei inRead More →
ISLAMABAD (PRESS RELEASE) Mike Spanos, PepsiCo chief executive officer for Asia, Middle East and North Africa (AMENA), met Prime Minister Imran Khan in Islamabad today. Mr. Spanos led a delegation of senior executives, which included Aamer Sheikh, chief financial officer, PepsiCo AMENA and Furqan Ahmed Syed, vice president and generalRead More →
LAHORE (PRESS RELEASE) Sastaticket.pk, an online travel agency (OTA) based in Karachi, Pakistan, announced today at the 021 Disrupt Conference that it has secured US$1.5 M for its Series A, led by regional venture capital firm Gobi Partners. The investment marks Gobi’s first venture into the Pakistani market and addsRead More →