Asif Iqbal

#GraphicDesigning #SocialMedia #Marketing #SEO #WebDevelopment for jobs [email protected]

[Asif Iqbal @asifazi]

@dcislamabad https://t.co/1jRjF2TPtT

[PakVoices @pakvoices]

The arbitrary shutdown of cellular networks and the internet disrupts our lives and violates our rights. Let's stand against this practice! #KeepItOn #KillSwitch

[Asif Iqbal @asifazi]

In FY22, licensed lending apps SeedCred and Sarmaya Microfinance disbursed a whopping Rs10 billion in nano loans at high rates. #licensedlendingapps #il2022

[Asif Iqbal @asifazi]

The inability of the Securities and Exchange Commission of Pakistan to tackle the problem of unlicensed lending apps could damage the confidence of foreign investors who recently began pouring money into Pakistan's startups. #SECP #unlicensedlendingapps #foreigninvestors #IL2022

[Asif Iqbal @asifazi]

Venture capital firms like 500 Global are partnering with Pakistani financial services providers to invest in high-potential startups, while Hum Network and GS Group are launching a $50 million fund to invest in tech and related companies.#IL2022

[Asif Iqbal @asifazi]

Pakistani sellers are rising to prominence on global e-commerce platforms like Amazon and Alibaba, with Pakistan breaking into the top three nations selling products on Amazon.#IL2022

[Asif Iqbal @asifazi]

Despite tough times, Pakistani e-commerce saw growth in 2022, including notable funding for platforms such as Bazaar ($70 million) and Dastgyr ($37 million).#IL2022

[Asif Iqbal @asifazi]

Cash-on-delivery is no longer the primary choice for customers in Pakistan, according to the State Bank of Pakistan's annual payments report.#IL2022

[Asif Iqbal @asifazi]

In FY22, digital payments to e-commerce vendors in Pakistan rose dramatically, with a 63% increase in merchants registered with banks and a doubling of digital transactions to Rs45 million.#IL2022

[Asif Iqbal @asifazi]

The B2B segment should continue to be the key driver of startup activity, a trend already seen in the past two years with most of the funding channeled into B2B. #IL2022

[Asif Iqbal @asifazi]

The long-term outlook for Pakistan's startup scene is positive driven by a massive, predominantly young, and digital native population. #IL2022

[Asif Iqbal @asifazi]

However, 2022 was unable to match that trend and saw considerable declines in funding in each succeeding quarter. #IL2022

[Asif Iqbal @asifazi]

The year 2021 was prolific for Pakistani startups with $366m in funding, 450% higher than the previous year, led by the e-commerce sector, which accounted for $175m or 48% of all funds raised.#IL2022

[Asif Iqbal @asifazi]

there is room for merger and acquisition (M&A) activity, particularly in the fashion segment. #IL2022

[Asif Iqbal @asifazi]

Corporate click-and-mortar stores dominate the e-commerce space in Pakistan, while smaller players running their businesses through Instagram and Facebook have a constant rise in the market size. As such, #IL2022

[Asif Iqbal @asifazi]

Investment in VC-funded e-commerce has dried up, meaning less money to spend on customer discounts and a contraction in the target market. However, new e-commerce company registrations have mostly held up, which is a positive for the sector in Pakistan. #IL2022

[Asif Iqbal @asifazi]

In 2022, the state in Pakistan focused on controlling the online space, with journalists, activists, and political opponents facing legal action over their views on social media. Will 2023 be any different? #censorship #Pakistan #mediafreedom #IL2022

[Asif Iqbal @asifazi]

Journalists in Pakistan are constantly navigating a minefield of loosely-worded laws that can be used against them at any time. There's really no point in being too careful, because the law is all situational. #journalism #Pakistan #freedomofspeech #IL2022

[Asif Iqbal @asifazi]

"Censorship is not a new phenomenon, it has existed for decades. The Pakistan Electronic Crimes Act (PECA) is just one of many censorship measures. Removing one law won't stop the state from finding another way to silence inconvenient voices. #censorship #journalism #IL2022

[Asif Iqbal @asifazi]

The government of Punjab is set to launch a Web3.0 platform to control data breaches, becoming the first province in Pakistan to do so. It aims to stay ahead of the curve in digital security and data protection. #IL2022