Alibaba Enters Pakistan with Buy Now, Pay Later Model
KARACHI: China’s Alibaba Group has entered Pakistan’s financial services sector through a local unit that will offer “buy now, pay later” (BNPL) services, the country’s securities regulator said on Tuesday. The Securities and Exchange Commission of Pakistan (SECP) said it has granted a non-banking finance company license to Coco Tech Pakistan, an Alibaba-backed firm. The company […]
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