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Uber scales back in Pakistan • ZebethMedia

By zebethcontrolPosted on October 12, 2022Posted in Asia, pakistan, Transportation, UberNo Comments

Uber is scaling back its operations in Pakistan, the latest in a series of efforts from the ride-hailing firm as it looks to improve its financial performance. The company says its marquee app is ceasing operations in five of the six cities where Uber had launched and expanded to over the years. The eponymous service […]

Pakistan strips YC-backed Tag of fintech services, orders to pull apps • ZebethMedia

By zebethcontrolPosted on October 9, 2022Posted in Fintech, Government & Policy, pakistan, Tag, Y CombinatorNo Comments

Pakistan’s central bank on Friday revoked the in-principle and pilot operations approval of Tag to operate as an electronic money institution in a move that poses existential threat to the firm. State Bank of Pakistan said in an order that it is revoking Tag’s approval to operate as an electronic money institution, the permission that […]