Categories: News

Chairman Alibaba group expresses desire to invest in Pakistan ecommerce industry

Jack Ma, chairman Alibaba group, has expressed his interest in investing in Pakistan’s e-commerce sector. He expressed this interest during a meeting with Prime Minister Nawaz Sharif on Wednesday.

Jack Ma is currently in Davos to attend the World Economic Forum alongside Prime Minister Nawaz Sharif and delegates from all around the world. After a meeting with the Prime Minister, Jack Ma said,

“We are ready to invest for establishing an ecommerce platform in Pakistan.”

He further added that he wants to support small scale industries in developing countries and informed Nawaz that the Alibaba Group has been facilitating 60 million companies across the globe. He mentioned that Alibaba is keeping a close eye on Pakistan’s progress in ecommerce sector.

He also commended the China-Pakistan Economic Corridor for the promotion of bilateral economic ties between Pakistan and China. Jack Ma has extended an invitation to the Prime Minister to visit his company headquarters in Guangzhou.

Sponsored
Shaoor Munir

I am passionate about technology, hardware and the future of both of them together. Email: shaoor@techjuice.pk

Leave a Comment
Share
Published by
Shaoor Munir

Recent Posts

China’s Tencent Releases Large Language Model, Opens it For Enterprise Use

Capable of conversing in both Chinese and English, Tencent’s large language model ‘Hunyuan’ is claimed…

8 months ago

Apple Reportedly Spending ‘Million of Dollars Each Day’ for AI Training

Working on multiple AI models, Apple has allocated several teams who are working on artificial…

8 months ago

World’s Largest Wind Turbine Breaks Record For Power Generated In A Single Day-During A Typhoon

The world's largest offshore wind turbine has achieved a milestone by setting a new record…

8 months ago

YouTube Will Let You Play Mini Games Soon

YouTube is stepping into the world of gaming. YouTube has started testing out its gaming…

8 months ago

Pakistani Student Won First Position In Matric Exams of UAE

In a remarkable academic achievement, Abdullah Zaman, a Pakistani student hailing from Attock, has clinched…

8 months ago

‘Flying Bum’ World’s largest Aircraft Is Ready To Launch In 2026 With Hybrid Technology

Flying Bum, the world's largest aircraft is ready to launch in 2026. The Airlander 10…

8 months ago