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Pakistan is going to launch its own Alibaba

It will help Pakistani producers trade directly with global markets

SAMAA | - Posted: Nov 14, 2020 | Last Updated: 4 months ago
SAMAA |
Posted: Nov 14, 2020 | Last Updated: 4 months ago

The Pakistan Mercantile Exchange is preparing to launch an e-commerce platform, much like Alibaba.com, by the end of 2020. It will connect Pakistani producers and farmers with international markets and boost our exports and foreign exchange earnings. The platform will enable Pakistani producers to display their products (rice, sugar, dates, dry fruit, pink salt and marble to name a few) on the PMEX platform and trade directly with international buyers. PMEX will also facilitate warehousing, delivery, clearance and exports for the traders. The mercantile exchange has planned a trial transaction in early December. Find out more about the project in this video.

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7 Comments

  1. Kazim  November 14, 2020 11:27 pm/ Reply

    Pakistan Zindabad

    • Sajid chaudhry  November 16, 2020 5:16 pm/ Reply

      Alhumdullah we are so glad to hear that. In Sha Allah Pakistan is on the right track

  2. Abdul Hameed Sheikh  November 15, 2020 8:14 am/ Reply

    Good effort to promote on line business

  3. Musa  November 15, 2020 12:43 pm/ Reply

    Much Needed

  4. Hameed Hayat  November 15, 2020 2:33 pm/ Reply

    A long awaited initiative is finally going to happen. I will appreciate if PayPal is also made available for small traders and Working from home individuals as this will give a leaping jump to business in Pakistan.

  5. Qaisar Zaman  November 15, 2020 4:11 pm/ Reply

    A very timely welcome nes

  6. Hasnain  November 15, 2020 11:02 pm/ Reply

    1 major disadvantage:
    Local market rate will be high and also product will also in less quantity throughout Pakistan.

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