Skip to main content

Alibaba.com Gathers Exporters at “B2B E-COMMERCE SUMMIT – Bharo Digital Export ki Nayi Uraan – Lahore Se”

                                     

Alibaba.com, a leading platform for global business-to-business (B2B) trade, hosted “B2B E-COMMERCE SUMMIT – Bharo Digital Export ki Nayi Uraan – Lahore Se” to facilitate Pakistani exporters' understanding of and access to the global B2B market.

The event featured a line-up of speakers from Alibaba.com as well as prominent industry leaders from Lahore, including Miss Amy Li, Marketing Head of Alibaba.com Pakistan; Mr Rana Mansoor Qadir, Former Executive Member - PAAPAM, Mr. Hafiz Ahmed, Ecommerce Influencer and CEO of Ecomrades, and Mr. Shahbaz Siddique, Alibaba.com Certified Trainer.

During the event, global consumer trends in the food and agricultural sectors which have an implication on export from Pakistan were discussed. According to a statista.com report, consumer spending in the global food and beverage market amounted to US$8.66 trillion in 2022, and it will rise by 7.0% per year from 2019 to 2025. Asia accounted for the greatest profit share of the industry in 2022, with a market volume of US$4.3 trillion. For Pakistani exporters, rice is a promising and significant category.

At the event, it was also revealed that the top buyer markets in the agriculture category on Alibaba.com include the United States, the United Arab Emirates and Bangladesh. Among the top buyer markets in the food category are the United States, Bangladesh and Turkey. Pakistan is also a major buyer market in both categories.

Talking on the occasion, Mr. Rana Mansoor Qadir, Former Executive Member – PAAPAM, said: “We are thankful to Alibaba.com for its efforts to open newer avenues for local businesses to enhance their sales and profitability. The world is changing fast through digitization; therefore traditional businesses should also change for good. Through Alibaba.com's global platform, our businesses can access markets all over the world and contribute effectively to the national economy.”


Comments

Post a Comment

Popular posts from this blog

47% of Asia Pac businesses have no emissions plan in place despite the climate emergency, reveals new report from ACCA, IFAC and PwC

            As world leaders gather for COP 28, ACCA (the Association of Chartered Accountants), IFAC (the International Federation of Accountants) and professional services firm PwC released a new report:   The  role of the CFO and finance function in the climate transition: driving value and sustainability,  based on a survey of 1,000 senior finance professionals around the world.   The research reveals 47% of respondents in the Asia Pacific region have yet to produce a plan for reducing their carbon emissions. Alarmingly, 69% of those respondents without an emissions plan say they currently have no intention of developing one. This compares with global figures of 46% of respondents who have yet to prepare an emissions plan and 70% of those say they currently have no intention of developing one.   The report also says that that involving CFOs and finance teams in the emissions reduction planning is likely to accelerate progress. ...
Post a Comment
Read more

CBD PUNJAB’S UPCOMING AUCTION SET TO IGNITE ECONOMIC GROWTH.

                                                                   The Punjab Central Business District Development Authority (PCBDDA), also recognized as Central Business District Punjab (CBD Punjab), is set to mark a significant milestone in the region's real estate landscape with the auction of six exclusive plots, comprising three mix-used commercial and three residential plots, scheduled for May 9, 2024. As the premium development authority of Punjab, CBD Punjab is at the forefront of transforming the urban landscape, and this auction represents a pivotal moment in Punjab’s economic evolution. The auction event will showcase the immense potential for investment and development within the CBD Punjab precinct. With this auction, CBD Punjab is proud to introduce its latest ventures: CBD Business Bay and CBD Residencia...
Post a Comment
Read more

Huawei and OPPO Sign Global Patent Cross-licensing Agreement

  Huawei and OPPO announced the signing of a global patent cross-licensing agreement, which covers cellular standard essential patents, including 5G. "After more than 20 years of continuous innovation, Huawei has developed multiple high-value patent portfolios in the global marketplace in domains like 5G, Wi-Fi, and audio/video codecs," said Alan Fan, Head of Huawei's Intellectual Property Department. "We are delighted to have reached a cross-licensing agreement with OPPO. The mutual recognition of intellectual property value between companies is a major step towards fostering a positive cycle of innovation and research in high-value standards: investing, receiving returns from investment, and then reinvesting. This will enable our industry to keep innovating and provide consumers with more competitive products and services." "We are very pleased to enter into patent cross-licensing agreement with Huawei. It clearly demonstrates that the two companies r...
Post a Comment
Read more