Close Menu
News Update TimesNews Update Times

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    TECNO Brand Day on Daraz Brings Up to 14% Off on 14 July

    July 14, 2026

    PIBF to Launch Nationwide ‘District Economy Campaign’ for Sustainable Local Economic Development

    July 14, 2026

    LUCKY INVESTMENTS EXPANDS ITS NATIONWIDE PRESENCE, OPENS NEW BRANCH IN LAHORE

    July 14, 2026
    Facebook X (Twitter) Instagram
    News Update TimesNews Update Times
    • Home
    • Pakistan

      European Union supports young Pakistanis for economic opportunities, climate action, and community leadership

      July 11, 2026

      Islamabad Police Departments Mark Milestone in Electric Mobility Adoption with BYD EVs

      June 30, 2026

      CBD PUNJAB MOVES AHEAD OF SCHEDULE ON CBD WALK, PREPARES FOR SECOND PHASE

      June 19, 2026

      CBD PUNJAB SECURES STRONG INVESTOR INTEREST AS NSIT CITY PETROL STATION SITES FETCH COMPETITIVE BIDS

      June 5, 2026

      Desert Atlas: Beyond the Dunes of Cholistan

      May 25, 2026
    • Business

      TECNO Brand Day on Daraz Brings Up to 14% Off on 14 July

      July 14, 2026

      PIBF to Launch Nationwide ‘District Economy Campaign’ for Sustainable Local Economic Development

      July 14, 2026

      LUCKY INVESTMENTS EXPANDS ITS NATIONWIDE PRESENCE, OPENS NEW BRANCH IN LAHORE

      July 14, 2026

      CBD Punjab Advances CBD Vertex Project with 80% Finishing Work Completed

      July 14, 2026

      Euromoney Awards BankIslami for Excellence in Islamic Digital Banking

      July 9, 2026
    • Technology

      PUBG MOBILE and NARUTO SHIPPUDEN partner for one of the most ambitious collaborations

      June 30, 2026

      Select Technologies IPO book-building opens at PSX today

      June 22, 2026

      AI for Civic Innovation Hackathon 2026 Showcases Pakistan’s Emerging AI Talent for Public Good

      June 19, 2026

      Pearson Education Limited Honours Pakistan’s Leading Education Consultants at Annual Awards Ceremony

      June 18, 2026

      Road to Asian Games Begins

      June 17, 2026
    • Sports

      BingX Launches Global Community Initiative Following Enzo Fernández’s World Cup Goal

      July 8, 2026

      tapmad Secures Exclusive Digital and Television Rights for the FIFA World Cup in Pakistan

      May 18, 2026

      BingX Names World Champion Enzo Fernández as Global Ambassador Ahead of 2026 FIFA World Cup

      May 13, 2026

      Rising global sport padel finds new home in Lahore

      April 28, 2026

      Dow Hospital Clinches Modern Premier League Season 3 Title

      April 27, 2026
    • Entertainment

      TikTok Releases Q1 2026 Community Guidelines Enforcement Report

      July 7, 2026

      Review of Film Bullah By Ayesha Mubsher

      July 6, 2026

      Movie Review of Aag Lagay Basti Mein By Ayesha Mubsher

      July 6, 2026

      Ali Chaudhary: Community Leader, MPA Candidate PP-191 Pakpattan, and Digital Voice of Pakpattan

      July 2, 2026

      Sabri Sisters Take Center Stage in New York’s Times Square as Spotify’s EQUAL Pakistan Ambassadors for Q2 2026

      June 23, 2026
    • Education

      Meezan Bank Partners with LUMS to Advance Islamic Finance Education in Pakistan

      July 13, 2026

      LUMS Celebrates the Graduating Class of 2026

      July 13, 2026

      Chief Minister Maryam Nawaz Sharif Distributes Parwaaz Card among Successful Youth

      June 24, 2026

      Balochistan TEVTA delegation visited PSDF to learn from Punjab’s skills and training system

      June 19, 2026

      PSDF and Migrant Resource Centre Pakistan Partner to Strengthen Safe Migration Pathways for Skilled Youth

      June 16, 2026
    • Health

      Policymakers and global health experts urge evidence-informed decisions to strengthen Pakistan’s health system 

      July 13, 2026

      U.S. FDA authorizes 20 ZYN nicotine pouches to be marketed with specific modified risk claim

      July 9, 2026

      Policymakers and global health experts urge evidence-informed decisions to strengthen Pakistan’s health system 

      July 9, 2026

      CARE Pakistan Convenes Public and Private Sector Leaders to Strengthen Partnerships for Climate Resilience

      July 1, 2026

      Pakistan Implements Comprehensive Trans Fat Regulation

      June 30, 2026
    • Other
      • World
      • Blog
      • Opinion
      • About
      • Contact us
    News Update TimesNews Update Times
    Home»Business»Alibaba.com Introduces Trade Assurance in Pakistan
    Business

    Alibaba.com Introduces Trade Assurance in Pakistan

    yasirBy yasirDecember 20, 2024No Comments
    Facebook Twitter WhatsApp
    Share
    Facebook Twitter WhatsApp

    Alibaba.com, a leading global business-to-business (B2B) e-commerce platform, today announced the launch of Trade Assurance in Pakistan, enabling local small and medium-sized enterprises (SMEs) to trade with enhanced confidence. With this launch, Pakistan joins the ranks of a select few markets where Alibaba.com has introduced this valued service for suppliers.

    The launch was announced at the 2025 Alibaba.com Pakistan Supplier Export Summit, held in Sialkot, a hub of industrial excellence. At the event, Alibaba.com shared insights into the growth opportunities and emerging trends within the global apparel industry, which is projected to reach a market size of $1.79 trillion in 2024, with a compound annual growth rate (CAGR) of 2.81% from 2024 to 20281.

    “Alibaba.com’s decision to hold the Pakistan Supplier Export Summit in Sialkot underscores the city’s industrial importance and potential,” said Ikram Ul Haq, President of the Sialkot Chamber of Commerce and Industry. “This event has brought immense value to our local businesses by connecting them with global opportunities and introducing the tools needed to succeed in international markets. Initiatives like this reflect Alibaba.com’s dedication to supporting Sialkot’s SMEs to grow and thrive on a global scale.”

    Bringing Peace of Mind to Pakistani Suppliers

    Global B2B trade can be fraught with challenges, including concerns over costs, product quality, shipment timelines, and more. Trade Assurance, a proprietary order protection service offered by Alibaba.com, alleviates some of these risks, providing both suppliers and buyers with confidence throughout the entire transaction process. Suppliers who opt for this service can conduct business with peace of mind, knowing that their transactions are securely safeguarded by a trusted platform. The service stipulates that the buyer makes payment at the time of purchase, with the funds held in escrow by Alibaba.com until the buyer confirms the satisfactory receipt of the order within a reasonable timeframe.

    “Pakistan represents a high-potential supplier market for Alibaba.com, boasting robust production capabilities and a diverse range of product categories that capture substantial global buyer interest. To capitalize on this potential, we have introduced the Trade Assurance service in Pakistan. This service is designed to foster trust between suppliers and global buyers while streamlining transaction processes. Our goal is to enhance efficiency and unlock new business opportunities for Pakistan suppliers to support their growth and success,” said Roger Luo, Head of Southeast Asia at Alibaba.com.

    Participating suppliers stand to benefit significantly from Trade Assurance, as the service not only enhances buyers’ trust in them but also allows them to build a robust online transaction history. By enhancing their online profile, suppliers can improve their ranking and visibility on Alibaba.com, ultimately leading to a wealth of future business opportunities.

    “Trust is the foundation of success in international trade.When dealing with buyers from different parts of the world, ensuring that both sides feel secure is critical. Trade Assurance bridges this trust gap by offering payment protection and transparent processes, which are crucial for fostering long-term relationships. With this service, buyers feel confident placing large orders, and sellers like us can focus on delivering quality products without worrying about payment risks,” said Tayyub Hussnain, Founder of Norwich Streetwear, a Sialkot-based verified supplier on Alibaba.com specializing in custom apparel. In 2023, the company secured more than $1 million’s worth of orders through Alibaba.com.

    “We are thrilled to bring Trade Assurance to Pakistan. Conducting transactions through this service will enable Pakistani SMEs to build a robust online transaction history, bolster their credit ratings, and enhance their reputation with global buyers. We believe the comprehensive order protection it offers can reduce trade barriers for SMEs, opening pathways for them to flourish in the global marketplace,” said Summer Gao, Head of Global Supply Chain Services at Alibaba.com.

    Supporting Pakistani Apparel Suppliers

    The 2025 Alibaba.com Pakistan Supplier Export Summit brought together more than 500 SME representatives from Sialkot to explore emerging business trends, innovative technologies and future-ready solutions poised to redefine their operations in the digital era. Recognizing Pakistan’s strong position in the apparel sector, Alibaba.com highlighted the potential for local businesses to penetrate international markets, driven by global demand for quality apparel products.

    To bolster Pakistani clothing suppliers, Alibaba.com has recently introduced a suite of services tailored specifically for the apparel industry, offering tools and resources that enhance product visibility, streamline operations and facilitate connections with buyers worldwide. This strategic focus on the apparel sector aims to help Pakistani businesses maximize their growth potential and strengthen their presence in the competitive global market.

    Share. Facebook Twitter WhatsApp
    yasir

    Related Posts

    TECNO Brand Day on Daraz Brings Up to 14% Off on 14 July

    July 14, 2026

    PIBF to Launch Nationwide ‘District Economy Campaign’ for Sustainable Local Economic Development

    July 14, 2026

    LUCKY INVESTMENTS EXPANDS ITS NATIONWIDE PRESENCE, OPENS NEW BRANCH IN LAHORE

    July 14, 2026
    Leave A Reply Cancel Reply

    Top Posts

    MONEYTAP PIONEERS FINANCIAL INCLUSION WITH AI-DRIVEN SOLUTIONS FOR HIGH-QUALITY USERS

    May 14, 2025193 Views

    SHINE Humanity Expands Family Planning Services Through Strategic Partnerships

    January 6, 2026145 Views

    Empowering Educators for Climate Action: From Grassroots to Governance

    January 20, 2025102 Views

    The Youth 4GCED Regional Workshop launch Regional Workshop Begins in Lahore

    November 1, 202484 Views
    Don't Miss
    Business

    TECNO Brand Day on Daraz Brings Up to 14% Off on 14 July

    PIBF to Launch Nationwide ‘District Economy Campaign’ for Sustainable Local Economic Development

    July 14, 2026

    LUCKY INVESTMENTS EXPANDS ITS NATIONWIDE PRESENCE, OPENS NEW BRANCH IN LAHORE

    July 14, 2026

    CBD Punjab Advances CBD Vertex Project with 80% Finishing Work Completed

    July 14, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Instagram
    • WhatsApp

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us
    About Us

    NUT is an innovative digital platform, delivering real-time, quality news and analysis on global & Local events. We aspire to empower our readers with accurate, insightful, and diverse perspectives,

    Email: info@newsupdatetimes.com
    Contact: +92 301 4776567

    Facebook X (Twitter) Instagram WhatsApp
    Our Picks

    TECNO Brand Day on Daraz Brings Up to 14% Off on 14 July

    July 14, 2026

    PIBF to Launch Nationwide ‘District Economy Campaign’ for Sustainable Local Economic Development

    July 14, 2026

    LUCKY INVESTMENTS EXPANDS ITS NATIONWIDE PRESENCE, OPENS NEW BRANCH IN LAHORE

    July 14, 2026
    Most Popular

    MONEYTAP PIONEERS FINANCIAL INCLUSION WITH AI-DRIVEN SOLUTIONS FOR HIGH-QUALITY USERS

    May 14, 2025193 Views

    SHINE Humanity Expands Family Planning Services Through Strategic Partnerships

    January 6, 2026145 Views

    Empowering Educators for Climate Action: From Grassroots to Governance

    January 20, 2025102 Views
    © 2026 News Update Times.
    • Home
    • Pakistan
    • Business
    • Technology

    Type above and press Enter to search. Press Esc to cancel.