[Updated] Pakistani delivery startup Airlift shutters operations as funds dry up

Editor’s note: This article has been updated following clarification from Airlift on Aug 4 to reflect that shares worth $34.5 million were issued as part of an $85 million funding round.

Less than two months after pulling out of several markets, Pakistan’s last-mile delivery startup Airlift on Tuesday announced it is shutting down permanently.

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