All web sites working beneath the Daraz group in Pakistan are actually owned by Alibaba
In a stunning improvement immediately, the main e-commerce firm in Pakistan, Daraz Group, has been bought by Chinese language firm Alibaba group.
Daraz is a number one e-commerce firm in Pakistan, Sri Lanka, Myanmar, Bangladesh, and Nepal. In Pakistan, one among their web sites Daraz.pk is the most important e-commerce retailer of Pakistan together with Kaymu and others.
Alibaba Group who operates one of many largest e-commerce web sites of the world, Ali Categorical, immediately fully bought the Daraz Group.
This acquisition will enable Daraz to turn out to be higher in all features of the business as a result of the corporate will now be capable of leverage the expertise and know-how of Alibaba Group.
Daraz started its operations in Pakistan in 2012 with their on-line retailer Daraz.pk. Since then it grew to become the most important on-line retailer within the nation and later expanded into different South Asian markets.
Daraz.pk will proceed to function beneath the identical identify however could have a a lot better grasp of the business. Collectively the corporate will be capable of use one of the best at school know-how offered by Alibaba.
This acquisition will profit each the purchasers and the crew at Daraz Group.