Babar Khan Javed
Oct 13, 2017

Alibaba set to enter Pakistan through Telenor Bank

An examination into the logic behind Alibaba's acquisition play.

Alibaba has reportedly been taking steps to enter Pakistan.

From meeting with Adam Dawood of TCS Yayvo to making a bid for Telenor Bank, Alibaba is setting itself up for an easy transition into an e-commerce market valued at US$150 million when considering profitable sales.

The reason for acquiring Telenor Bank is to have the largest payment network that is active, has a large footprint and works with a cash-dominant system....

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