On August 13, the Competition Commission of Pakistan (CCP) approved PPR Holding A.S.’s acquisition of 100% of SadaPay Technologies Limited. PPR Holding A.S., a Turkish investment firm, will gain full control over both SadaPay Technologies and its Pakistani subsidiary, SadaPay (Private) Limited, known for its Mastercard debit card and digital wallet services.
The CCP’s assessment found that SadaPay’s market share in Pakistan’s electronic money sector is minimal and that the acquisition will not lead to market dominance.
The approval under Section 31(1)(d)(i) of the Competition Act, 2010, allows PPR Holding A.S. to enter the Pakistani market, bringing new technologies and improved customer service standards. The move highlights Pakistan’s potential for business expansion and investor interest.
Pakistan is expected to witness the sacrifice of more than 6.97 million animals during Eid-ul-Adha…
Pakistan's two IT entrepreneurs-- Mehwish Salman Ali and Malik Mudassir—will receive funding of $10 million…
Spotify has announced a major milestone for 2025 - 10 years of Fresh Finds, the…
Sindh’s Minister for Law and Home Affairs, Ziaul Hassan Lanjar, has approved sweeping changes to…
Today, the world is changing rapidly more so than ever before with disruptive technological development…
Aeon & Trisl Real Estate Group has once again claimed the coveted title of Emaar’s…
This website uses cookies.
