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Saturday, April 20, 2024

Jazz Puts Over PKR 13.8 Billion into Pakistan’s Economy During Tough Times

Despite facing economic difficulties, Jazz, Pakistan’s leading digital company, has shown its dedication to the country by investing more than PKR 13.8 billion in the first half of 2023. This substantial investment has now brought Jazz’s total contribution to Pakistan’s digital growth to an impressive $10.5 billion.

Jazz CEO Aamir Ibrahim shared some good news on Twitter. He said that the company’s investments are starting to pay off. They are doing well in fintech, entertainment, and cloud platforms, which shows that people like what they’re offering.

Jazz CEO Aamir Ibrahim shared some good news on Twitter. He said that the company’s investments are starting to pay off. Jazz has made significant progress in its fintech, entertainment, and cloud services. This shows that the market is responding well to their effort.

Financial Technology Expansion: JazzCash, Jazz’s fintech division, has seen remarkable growth. It now serves over 43 million registered customers, firmly establishing itself as Pakistan’s leading fintech player. Notably, JazzCash is providing an average of 55,000 digital loans daily and has built a robust network of more than 300,000 merchants who accept payments through QR codes.

Up-and-Coming Entertainment Trends : Tamasha, a fun video app, has become super famous! In August 2023, around 5.85 million people used it every month. This shows that lots of people want different videos online, and Tamasha is doing really well. Also, Tamasha broke a record by having the most people watch cricket on their phones in Pakistan during the Asia Cup.

Helping Businesses Succeed : The Garaj cloud platform has provided advanced cloud and cybersecurity solutions to more than 100 businesses, enabling them to embark on their digital transformation journeys with enhanced digital capabilities.

Aamir Ibrahim is really excited about how Jazz is doing lots of different things that are going up. He wants to make it clear that these investments by Jazz are not only making Jazz better but also helping Pakistan become more digital.

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