Tag: commerce

E-commerce market has potential to progress

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article image STAFF REPORT KHI: In the first quarter of 2015 smartphone shipments to Pakistan soared by 123 percent, according to the Pakistan Telecommunication Authority’s annual report, one of the fastest growth rates in the developing world. Broadband subscribers in the country have topped 26 million people, the Ministry for Information Technology said in February, with broadband penetration going from three percent to more than 15 percent.It cited the World Bank studies showing that a 10…Read More

E-commerce boom empowers untapped resources

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article image STAFF REPORT ISB: In the Hindu Kush mountains craftswomen painstakingly stitch flowing scarves, skilled artisans who were unable to sell their products beyond the remote region until mobile internet came to Pakistan and dropped the market into the palms of millions of previously marginalised people. The women of northern Chitral are among the unlikely profiteers of an e-commerce boom since 3G and 4G Internet arrived in the deeply conservative Muslim country in 2014, suddenly able to…Read More

Pak will have $ 5 bln e-commerce market by 2020

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article image STAFF REPORT ISB: The online shopping trend is increasing in Pakistan. The penetration of broadband, 3G/4G technology, and increasing use of smartphones providing grounds for rapid growth of e-commerce, which will make it $ 5 bln industry by 2020. According to the statistics of Media Post, the online mobile spending is about 12 per cent tantamount US $ 303 billion in the United States. Experts believe that this incraesing trend will also impact Pakisan’s e-commerce industry. The e-…Read More

| 2020 | 5 | bln | commerce | E | have | market | Pak

Pak e-commerce market set to surpass $1b by 2020

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article image STAFF REPORT KHI: Pakistan’s e-commerce market is expected to surpass $1 billion in five years, say local tech gurus who believe the time is ripe to invest in this growing segment and demonstrate leadership to succeed in this industry. "Pakistan is expected to see a boom in e-commerce in the next five years. This represents a huge opportunity for both start-ups and investors," said Shayaan Tahir, Founder and CEO of local e-commerce giant Homeshopping.pk. His company has…Read More

| 1b | 2020 | commerce | E | market | Pak | set | surpass

E-commerce thriving in Pakistan despite barriers

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article image STAFF REPORT LHR: With more than 2,000 shopping portals, the country’s e-shopping space is expanding quickly despite multiple barriers to entry, NetSol Technologies Founder and CEO Salim Ghauri said on the launch of its e-commerce portal Turbooz.com. A new initiative, Turbooz.com is a portal designed to provide designers, artisans and entrepreneurs a platform to promote and sell online both locally and internationally. "We want to enable and empower the incredible…Read More

Pakistan`s e-commerce industry is bolstering at fast pace: Shayaan Tahir

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article image Shayaan Tahir is an inveterate cyber entrepreneur. He is a Graduate in Accounting and Finance from London School of Economics. Shayaan is founder of premier e-commerce website homeshopping.pk and under his dynamic leadership the website has garnered immense reputation countrywide and has offline footprints as well in major cities. He is high-spirited, passionate and a gifted entrepreneur who is well cognizant with the pitfalls and tides of cyber market. Technology Times had an…Read More

Usman comprehends enormous potential in e-commerce sector

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article image M. Usman Ali Sheikh is a graduate from FAST-NUCES. He was a highest achiever in O and A levels. Usman belongs to opulent family with business background, and knack of entrepreneurship has been inbred. He is the owner of prominent e-commerce site shopon.pk. Usman is enthusiastic entrepreneur who shared his views with Technology Times in an interview Tell us briefly about yourself and highlights of your career? I have been bought up in a pretty lavish environment, to be precise I…Read More

Imprints of e-commerce on traditional business evident

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article image Imran Mujahid is a dynastic and motivated entrepreneur as his grandfather setup Rafiq Watch Company in 1947 which needs no further introduction. Imran, however professed the pulse of the time and created 7Star.pk in 2012, an online portal to sell watches and giving new dimension to his hereditary business. Imran shared his entrepreneurial journey with Technology Times in a recent interview Tell us briefly about yourself? Muhammad Imran Mujahid: I being from the third generation…Read More

E-Commerce in Pakistan: The New Way to Live Life

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article image Don’t feel like getting out of the house but need more information and more options? Need better deals but don’t know where to find them? How 90s. These were the dilemmas of people two decades ago, but not so much so in the 21st century with the emergence of e-commerce. While e-commerce became more popular in the West before it took over the rest of the world, it is a widely accepted and popular concept in Pakistan in contemporary times. Previously, consumers were skeptical when…Read More

| commerce | E | life | live | New | Pakistan | The | Way

The Lahore Chamber of Commerce and Industry organize seminar on Water Conservation

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Staff Report ISD: The Lahore Chamber of Commerce and Industry (LCCI) has organized a seminar on Water Conservation’ to mark the World Water Day. The basic purpose of the seminar was to create awareness about water shortage and its impact on Pakistan’s economy. Speaking on the occasion, speakers said that water is a main source of power generation and its shortage has great impact on Pakistan agriculture sector. It is a matter of concern that water scarcity is increasing day by day. We…Read More