Share:
POST
TWEET
SHARE
SHARE
EMAIL

Alibaba sign growth pact with Pakistan

By Chris Dawson May 17, 2017 - 10:32 am

Alibaba, affiliate Ant Financial and the Trade Development Authority of Pakistan have agreed to “foster growth” of exports from the South Asian country’s small and medium-sized enterprises. They will provide training to Pakistan’s small businesses to better use Alibaba’s platforms and e-commerce in general. The parties will also work together to grow online payments and cloud-computing services in Pakistan.

Pakistan Prime Minister Nawaz Sharif was in China this Tuesday Tuesday to witness the signing of a memorandum of understanding Alibaba. The parties will also work together to grow online payments and cloud-computing services in Pakistan.

In Pakistan, mobile phones accounted for 70% of all web traffic in the last year. However, with just 18%of the population currently online (35.1 million out of a total 194.8 million) there is still room for the sector to expand.

“With the support of the Alibaba Group we hope to elevate our local businesses to new heights and bring them into the realm of the e-commerce platform.”
– Prime Minister Sharif

It’s always worth remembering that whilst Amazon is massive in the Western world, they are dwarfed in size by the sales on Alibaba in the East. As ChannelAdvisor‘s David Spitz pointed out at this week’s Catalyst conference, if you want to see how ecommerce will develop in the West, look at what Alibaba is doing as that’s the shape of the future.

Comments are closed.

Featured in this article from the Tamebay Guide – companies that can help you grow and manage your business.

Alibaba

Alibaba is China’s biggest online commerce company that offers consumer-to-consumer, business-to-consumer and business-to-business sales.

See More Companies >

Recent Comments

2 hours ago
tyler: I have not looked at the increase in rates yet but to slightly contradict the...
10 hours ago
Gav: If you qualify for it by posting enough items, I strongly suggest looking into switching...
11 hours ago
graham@gwharton.me.uk: If you're a Royal Mail account customer and use the standard BPL account code for...
11 hours ago
graham@gwharton.me.uk: I spoke to my RM Account Manager who was unaware of the specific changes to...