After Amazon, Facebook launches ‘marketplace’ for Pakistan entrepreneurs

After Amazon, Facebook launches ‘marketplace’ for Pakistan entrepreneurs

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According to Abdul Razak Dawood, Pakistan’s Prime Minister’s Business and Investment Adviser, Facebook recently launched an Amazon-like marketplace for Pakistan.

“I am happy to see that after Amazon, Facebook has recently launched the marketplace for Pakistan,” he tweeted. “It will encourage small entrepreneurs to sell online. Such opportunities during COVID-19 could be a lifeline for micro-enterprises.”

“It is also helpful for women entrepreneurs who want to engage in the market activity by buying and selling in the community of friends, family, and networks – the first step towards eCommerce,” he added.

Prior to this, in May, Amazon, the world’s largest e-commerce platform, also officially added Pakistan to its list of approved sellers.

At the same time, the National Bank of Pakistan is also seeking to promote Pakistani exporters to sell their products through the international digital market.

It proposed a number of changes, including the implementation of the Pakistan Single Window project and the decentralization of regulatory approvals to banks to promote export business.

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