Adobe opened a regional office in Karachi on Monday, the latest sign that global technology companies are paying closer attention to South Asian markets.

Behind the scenes, the deal took nearly 15 months to negotiate, according to two people involved in the talks who asked not to be named because the discussions were private.

Industry observers say the timing is significant. Pakistan's mobile payments sector grew 12% last year, according to NADRA, even as venture funding across South Asia slowed sharply.

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The bigger picture

Government officials welcomed the development. A spokesperson for the Securities and Exchange Commission of Pakistan said the initiative "aligns with the national digital agenda" and promised faster approvals for similar projects.

"The infrastructure gap is real, but it is closing faster than most people realise."

Usman Tariq, chief technology officer at Careem

The challenge now is execution. Previous attempts to build large-scale technology infrastructure in the country have stalled because of financing gaps and bureaucratic delays.

The bigger picture

Security experts have urged users to enable two-factor authentication and to update their apps promptly, noting that attackers increasingly target mobile-first markets.

Key points

  • New features will support Urdu alongside English
  • Competitors including Arbisoft are expected to respond within months
  • Regulatory approval from the Ministry of IT and Telecom still pending
  • Partnership with IBA Karachi to train local engineers

Still, questions remain about long-term sustainability. Margins in the gaming business are thin, and customer acquisition costs have risen sharply since 2019.

The broader picture is one of steady growth. Internet penetration now exceeds 42% of the population, and mobile broadband subscriptions have more than doubled since 2019.

Reporting by the WritePures newsroom. Have a tip? Contact our editors.