Walmart-backed digital payments firm PhonePe Pvt Ltd launched an app called Pincode on the Indian government’s open network on Tuesday to strengthen its e-commerce business. The Open Network for Digital Commerce (ONDC) was launched last year to enable small merchants and local stores across India to access processes and technologies typically deployed by large e-commerce platforms like…
Walmart-owned Indian payments firm PhonePe on Wednesday said it had raised an additional $100 million from General Atlantic and other investors as part of its ongoing $1 billion fundraising to expand into the lucrative lending space. With the latest round, PhonePe, India’s most valuable payments firm with an estimated value of $12 billion, has raised…
Netflix Inc (NFLX.O) beat Wall Street earnings estimates for the first quarter but offered a lighter-than-expected forecast on Tuesday, demonstrating the challenges the mature streaming service faces in its pursuit of growth. The company said it shifted a wider launch of a plan to crack down on unsanctioned password sharing into the second quarter to make improvements,…
Prime Minister Shehbaz Sharif on Sunday conducted a meeting with Punjab Caretaker Chief Minister Mohsin Naqvi and federal ministers, regarding the ongoing development projects in the province. 3 Punjab CM, federal ministers attended the meeting PM Shehbaz said that the previous government used the post of chief minister for political manipulation in the federation and…
ISLAMABAD: Led by National Assembly (NA) Speaker Raja Pervez Ashraf, the House is ready to kick off the Golden Jubilee celebrations of the Constitution, which was passed solidly half a century ago. The month-long celebrations will commence on Monday (April 10). A Parliamentary Advisory Committee — comprising the Speaker, members from both Houses of Parliament and headed…
In a highly anticipated launch event in Dubai, Xiaomi unveiled its Redmi Note 12 series smartphones. The company announced the release of five new models, including the Redmi Note 12, Redmi Note 12S, Redmi Note 12 Pro, Redmi Note 12 Pro 5G, and Redmi Note 12 Pro+ 5G. These smartphones are now available for purchase…
With the slogan “Innovation for everyone,” Xiaomi believes in making technology affordable for everyone, and they have lived up to this promise! bringing technological wonders to the local market at unbeatable prices with launch dates concurrent with worldwide launches. Like every year, Xiaomi hosts the Xiaomi Fan Festival this year as well to honour their…
In the past few months, there have been unlimited ChatGPT partnerships as tech companies race to enter the world of artificial intelligence. There is no doubt about the fact that OpenAI did something most of us did not even have the imagination to dream of. As ChatGPT grows and its user base soars, we see…
WASHINGTON: Amazon CEO Andy Jassy said on Monday that he was cutting 9,000 more jobs from the online retail giant’s workforce, following the 18,000 that were axed in January. “Given the uncertain economy… and the indecision that exists in the near future, we have chosen to be more streamlined in our costs and headcount,” Jassy said in a memo…
21 March 2023: Haleon Pakistan Limited (formerly GlaxoSmithKline Consumer Healthcare Pakistan Limited) has announced a partnership with the leading global cleft charity, Smile Train, raising funds through its leading Oral Care brands, Sensodyne and Parodontax. Annually, 1 in every 600 children in Pakistan is born with cleft lips and palates. In most cases, these children face difficulty in eating,…