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Tag Archives: E-commerce

PayPal and AliPay to be launched in Pakistan soon

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Pakistan opening up to online payment systems like PayPal and AliPay As international investors seeks to deploy their business in Pakistan’s market especially in China Pakistan Economic Corridor (CPEC), Pakistan government realised the absence of e-commerce payment gateways in Pakistan. IT minister Anusha Rehman said Pakistan is set to invite global online payment giants PayPal and Alibaba to offer their services ... Read More »

Alibaba all set to enter Pakistan after signing first MoU

Alibaba all set to enter Pakistan after signing first MoU

Alibaba Group’s Executive Chairman, Jack Ma and PM Nawaz Sharif witnessed the signing ceremony Pakistan signed a Memorandum of Understanding with Alibaba Group Holdings Limited on Tuesday to improve country’s global exports by Small and Medium Enterprises (SMEs) through e-commerce. The agreement between Alibaba and Trade Development Authority of Pakistan (TDAP) was signed by Commerce Minister Khurram Dastgir and Michael Evans, President ... Read More »

Digital Banks to be soon launched by State Bank of Pakistan

Digital Banks to be soon launched by State Bank of Pakistan

Branchless banking will gain recognition in Pakistan with the opening of all-digital banks State Bank of Pakistan (SBP) is currently working on the mechanism to launch digital banking services in Pakistan. According to the Executive Director of SBP, Syed Irfan Ali, the new category of banking services will provide more people with access to banking services. “Move will help achieving the ... Read More »

Alibaba officials visit Pakistan to explore entry into local e-commerce industry

Alibaba officials visit Pakistan to explore entry into local e-commerce industry

Chinese e-commerce giant Alibaba expresses interest in investing in Pakistan A delegation of the global technology giant, Ali Baba, is currently visiting Pakistan to discuss plans for investment in Pakistan’s e-commerce sector. Alibaba is a Chinese e-commerce company that provides consumer-to-consumer, business-to-consumer and business-to-business sales services via web portals. It also provides electronic payment services, a shopping search engine and ... Read More »

Hangzhou ranked China’s most innovative and developed city

Hangzhou ranked China's most innovative and developed city

Hangzhou has become a magnet for talent, capital, projects and other high-end elements of entrepreneurship.  Hangzhou was ranked first on the list of Top 20 Chinese cities in 2016. The city of Hangzhou has become a magnet for talent, capital, projects and other high-end elements of entrepreneurship. According to the latest report of LinkedIn, Hangzhou is among the Top Three ... Read More »

Alibaba Group expresses interest in Pakistan’s e-commerce industry

Alibaba Group expresses interest in Pakistan's e-commerce industry

Chairman Alibaba Group Jack Ma expressed his interest in investing in Pakistan’s e-commerce sector. Alibaba group has expressed enthusiasm in Pakistan’s e-commerce sector while accepting Premier’s invitation to visit Pakistan. Founder of the Chinese e-commerce company Alibaba Group Jack Ma said they are willing to sponsor small scale industries in developing countries including Pakistan. Ma added that his company was closely ... Read More »

Pakistan among fastest growing e-commerce markets: eBay

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eBay CEO Devin Wenig encouraged Pakistanis to use the e-commerce site. Devin Wenig Chief Executive Officer of eBay, an American e-commerce company, has rated Pakistan among the hot destination e-commerce markets in the world and thinks that online shopping in the country will escalate. Speaking at the World Economic Forum (WEF) on Live Facebook Chat, CEO eBay D. Wenig was ... Read More »

Ready, set, shop: Black Friday extravaganza hits Pakistan

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Over the past few years, Black Friday has emerged as biggest day of shopping in the US, with retailers offering huge discounts and attractive time-constrained deals for shoppers. Black Friday is a US shopping tradition when billions of dollars are spent in shops and online in the span of 24 hours today. However, five years ago, the shopping event wasn’t ... Read More »

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