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Pakistan Print 2020-05-28

E-commerce becomes popular in Pakistan in the wake of Covid-19

E-commerce in Pakistan is developing rapidly, but mobile communication and logistics business may be a little behind as some people in rural areas may not have mobile phones.
Published 28 May, 2020 12:03am

E-commerce in Pakistan is developing rapidly, but mobile communication and logistics business may be a little behind as some people in rural areas may not have mobile phones.
According to a report published by China Economic Net (CEN), there is also a conceptual problem. Some Pakistanis still like to go shopping in department stores and pay cash, which is considered as a kind of enjoyment.
But in the current pandemic, it would be better not to go out, the report says quoting CEN's special commentator Prof. Cheng Xizhong.
In addition, the development of logistics service industry can also create a large number of employment opportunities. Now, the number of employees in China's logistics service industry is more than 5 million, and it may reach 10 million in the next few years.
Therefore, if Pakistan pursues the development of logistics service and instant delivery service, and reaches the level of China, it will create 780,000 employment opportunities for Pakistanis according to the proportion of population. The number may grow to 1.56 million in the future.
According to Prof. Cheng Xizhong, the traditional offline sales around the world have been seriously affected due to the outbreak of COVID-19. The online sales have been developing rapidly, and online sales in Pakistan have also increased significantly.
Small and medium-size enterprises are now facing great difficulties due to the pandemic, but various online sales platforms have provided them with new opportunities. More and more companies of clothing, shoes and hats, electronic products, frozen food, etc. have begun to sell their products on online platforms. -INP

Copyright Business Recorder, 2020

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