The company warned employees Tuesday night that it will close Wednesday, sources say. The company raised $85 million in August’s largest Series B investment. Airlift, once hailed as the market leader in q-commerce in Pakistan. Airlift, once hailed as the market leader in q-commerce in Pakistan, is now ceasing operations in the country due to … Read more
Despite having relatively low internet penetration, Pakistan is already home to over 30 million active shoppers. With the new government plans to expand internet access and the number of online shoppers growing at rapid rates, the country could soon become home to one of the world’s largest e-commerce markets, according to a research report. E-tail, … Read more
MANILA: Philippine President Rodrigo Duterte ordered military and police to airlift Covid-19 vaccines across the country’s provinces to bypass “gridlocks” in jab distribution that he blamed on local governments. While nearly 90 per cent of adults in the capital region are fully vaccinated, only about 35 per cent of adults in the country have had both jabs. … Read more
KARACHI: After Airlift’s $85 million, a business-to-business marketplace, Bazaar, has raised $30 million in a Series A round, which takes the total investment in Pakistan’s startup space to over $250 million, a statement said on Tuesday. Analysts believe the successive financing rounds have laid the foundations of a new era in Pakistan where technology startups … Read more
Airlift has recently announced an $85 million Series B financing, which is backed by some of the renowned investors around the globe. This is the largest private funding round in the history of Pakistan, according to the data revealed by Invest2Innovate. $85 million Series B financing of the Airlift in Pakistan marks the largest in … Read more
Airlift has decided to temporarily suspends its services over epidemic outbreak of coronavirus. According to the details, Airlift on Wednesday announced that it was suspending all operations in Karachi and Lahore until April 6, 2020. Airlift said in the tweet, “With the rise of #COVID19 cases in Pakistan, Airlift has decided to act in the … Read more
