Trends - Ecommerce - Business Recorder

Ecommerce

Pakistan’s DealCart announces $3mn seed round led by international investors

DealCart, a Pakistani social e-commerce startup, announced on Thursday that it has successfully raised $3 million in...

Updated 05 Jul, 2024 07:09pm

Pakistan

PPL-funded e-skills IT training ends

KARACHI: A dynamic six-month e-skills Information Technology (IT) training on ‘SEO - Ecommerce with Social Media...

Published 21 Jun, 2024 06:37am

Technology

BlueEX Limited inks MoU for strategic partnership with China’s SZCBEA

Pakistan’s e-commerce logistic firm BlueEx Limited has inked a Memorandum of Understanding (MoU) for a strategic...

Updated 06 Jun, 2024 02:49pm

Editorials

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	156.63
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
Dow Jones / Dec 20	42,840.26
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34
Hang Seng / Dec 23	19,857.04
FTSE 100 / Dec 23	8,068.16
Germany DAX 30 / Dec 23	19,830.32

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Diesel/Litre / Dec 23	255.38

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	6.15 ▲ 1.00 (19.42%)
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.83 ▲ 0.92 (15.57%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Chenab Ltd (Pref) / Dec 23 Chenab Limited (Pref)(CLCPS)	3.75 ▲ 0.36 (10.62%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)

Stock	Price
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	36.60 ▼ -4.07 (-10.01%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	14.01 ▼ -1.33 (-8.67%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.46 ▼ -0.93 (-8.17%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.14
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	66,327,753 ▲ 0.92
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.19
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.37
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.76
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	38,585,180 ▲ 1.96
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	35,015,764 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	33,026,526 ▲ 2.58
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.26

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