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OLX's operations in India, like other online retailers, has faced problems with fraud and faced problems with people selling stolen vehicles. In combating fraud, nearly 25% of the car listings get rejected by its systems to protect users from fraud. [36] [37] In August 2023, OLX's India business was acquired by CarTrade for ₹ 535.54 crore. [38]
Its contribution to the national exchequer is nearly US$5.4 billion. Pakistan's auto market is among the fastest growing in Asia. 384,000 cars were sold in 2023. In the 1990s and early 2000s, Pakistan had many Japanese cars. With the launch of the first Auto Policy in 2005, Pakistan launched its first indigenous car, Adam Revo. However, after ...
Sazgar Engineering Works was founded in September 1991 as a private limited company. [3] It was converted into a public limited company in November 1994. [3] In 1996, it was listed on the Karachi Stock Exchange.
MG JW Automobile Pakistan is owned by SAIC Motords China (51%) and JW Group Pakistan (49%)]]. MG JW Automobile Pakistan has signed Memorandum of Understanding (MoU) with Morris Garages (MG) Motor UK Limited, owned by SAIC Motor China to bring ICE, PHEV and EV cars in Pakistan. It has established state of the art assembling plant for ICE and ...
Karachi Circular Railway is a partially active regional public transit system in Karachi, which serves the Karachi metropolitan area. KCR was fully operational between 1969 and 1999. KCR was fully operational between 1969 and 1999.
Fabrice Grinda and Alec Oxenford launched the OLX brand in 2006 as a Craigslist alternative for the world outside of the United States. [1] OLX is the leading classifieds website for users in UAE (under the name of dubizzle.com), Egypt, Bahrain, Saudi Arabia, Lebanon, Kuwait, Oman and Qatar. Since its launch in 2005 by J.C. Butler and Sim ...
Karachi is served by a road network estimated to be approximately 15,500 kilometres (9,600 miles) in length, [258] serving approximately 5 million vehicles per day. Karachi is served by 6 Signal-Free Corridors which are designed as urban express roads to permit traffic to transverse large distances without the need to stop at intersections and ...
Atlas Honda Limited, formerly known as Atlas Autos, is a Pakistani motorcycle manufacturer based in Karachi. [2] It is the largest motorcycle maker in Pakistan. [3] [4] The company is criticized for lack of innovation and not introducing new technologies and re-releasing same models each year with minor improvements for pakistani consumers.
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