Local Platforms Gain Ground As Temu’s Appeal Fades
In a market where price once dictated loyalty, Pakistan’s digital shoppers are starting to re-evaluate their choices. Over the past few weeks, a dramatic shift has been underway. Temu, once known for its ultra-low prices and viral appeal, has lost its pricing edge,
Customers Revolt: Temu’s Discount Disappearance & Price Surge
There’s a certain kind of brand that doesn’t just enter the market quietly. It storms in, hijacks every screen in sight, blasts neon sale banners in your face, and sets up camp in your brain. That, in a nutshell, was Temu. You didn’t
IMF Denies Cheap Electricity Plan for Crypto Mining, Data Centers in Pakistan
The International Monetary Fund (IMF) has rejected Pakistan’s proposal to offer subsidized electricity rates to crypto mining, data centers, and heavy industries. Secretary Power Dr Fakhray Alam Irfan informed the Senate Standing Committee on Power that although surplus electricity is available during winter,
Cheap Hype, Costly Consequences: Temu’s Troubled Entry into Pakistan
When Temu entered the Pakistani market, it arrived with the ambition of a tech giant on a mission to disrupt. With a flood of ads across TikTok, Facebook, and Instagram, the platform promised rock-bottom prices, cashback games, and deals that created a sense
Karachi Literature Festival 2025 Celebrating ‘Narratives from the Soil’
Karachi, 7 February 2025 – The Karachi Literature Festival (KLF) 2025 opened today with a vibrant inauguration ceremony, marking the beginning of a weekend dedicated to literary excellence, thought-provoking discussions, and cultural enrichment. Organized by Oxford University Press Pakistan (OUPP), this 3-day Festival
THE FUTURE SUMMIT – What Matters Now – Leaders Highlight Need for Immediate Action to Tackle Pakistan’s Economic and Environmental Challenges
Karachi, November 06 & 7, 2024: The 8th Edition of THE FUTURE SUMMIT commenced with a packed hall at a local hotel in Karachi. Farrukh Amin, CEO of Unity Foods Limited, and Muhammad Azfar Ahsan, Founder & Chairman of Nutshell Group, welcomed the
‘Thar coal can reduce gas cost by 60%’
Tests conducted in South Africa show Thar coal is suitable for gasification LAHORE: The gasification of Thar coal can reduce gas cost by 60% from the current $20 per million British thermal units (for imported gas) to $8 per mmBtu, providing a more
