Alibaba group has hinted at investing in Pakistan’s e-commerce market to further expand its business in new markets, reported state owned news agency moments ago.
Jack Ma, chairman Alibaba group, indicated this today during a meeting with Prime Minister Muhammad Nawaz Sharif in Davos, Switzerland on the sidelines of World Economic Forum’s annual meeting.
Jack Ma said his country had a lot of interest in investing in Pakistan as they had closely followed positive economic developments in the country.
He said China Pakistan Economic Corridor (CPEC) had provided immense opportunities for the region and added it would generate lots of economic activity.
Prime Minister Nawaz Sharif invited Jack Ma to visit Pakistan at the earliest opportunity.
Jack Ma accepted the invitation and invited the Prime Minister to visit his company’s hub at Ghuangzou.
Ma said that 60 million companies worldwide were benefiting at the moment. To benefit developing countries, he planned to invest in small and medium enterprises.
Alibaba is a Chinese e-commerce company that provides consumer-to-consumer, business-to-consumer and business-to-business sales services via web portals.
I hope they provide Cash on delivery service on aliexpress in Pakistan
fazul cashon delivery. Puri dunya mein card chalta hai Pakistan mein sirf cash on delievry hai
Good work I like aliexpress let’s see what happens.
only talk nothing substantial
hmmm good
Ali baba tu thek ha. In 40 choron ka Kia karain gay ham?
Please do not criticise any positive movement done by Govt.
RO imran RO
Here’s our lovely Patwari :D
Mian shb should cry because he’s stuck in Panama papers and can’t seem to get rid of this case!
Ro uthuiu Ro
Awww, Patwari can only make these comments since Mian sb is getting depressed and getting hammered in SC on daily basis :P
Good to see positive move.
Good Move, hopefully their entry to Pakistani market would not be like other Chinese e-commerce companies like Cheezmall, which is totally fraud
Someone please define “investment”?
Will it result in cash in-flow or do they want more of Pakistani market (that will result in cash out-flow) ?
I Like aliexpress it always deliver their products…better if they open their warehouse in Pakistan so it will cut the delivery time as well as cost.
ALI BABA Or Sath Main Choor Wao
That is Called ALi Baba 40 Choor !