Alibaba Visits Pakistan, May Set Up Shop There Within Weeks
Yicai Global
/SOURCE : Yicai
Alibaba Visits Pakistan, May Set Up Shop There Within Weeks

(Yicai Global) March 7 -- Global e-commerce colossus Alibaba Group Holding Ltd. [NYSE:BABA] has eyed Pakistan's e-commerce market again recently. Media reported that Alibaba recently sent a delegation to Pakistan, which Pakistan's Finance Minister Ishaq Dar personally received.

After meeting Pakistani Prime Minister Nawaz Sharif at the World Economic Forum in January, Alibaba founder Jack Ma publicly expressed his intention to build an e-commerce platform in Pakistan.

Alibaba will also talk to online shopping emporium Daraz.pk about acquiring the firm, the official news agency Global Times cited foreign media as reporting today. Alibaba's delegation is currently engaged in market research in Pakistan, and Alibaba is likely to enter Pakistan's market within months or even weeks.

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