After acquiring Daraz.pk Alibaba Group opened a doorway of potential between both Pakistan and China for a booming E-commerce business. Right after, news broke out that Alipay, a subsidiary of Hangzhou-based Ant Financial, was cleared by the Competition Commission of Pakistan (CCP) to acquire a 45 percent stake in Pakistan’s Telenor Microfinance Bank. This means that … Continue reading Alipay in Pakistan: E-Commerce Giant Plans to Boost the Economy