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🏒 Company Details Founded: 2012 Founders: Rocket Internet (German tech incubator) Headquarters: Singapore Current Owner: Alibaba Group (acquired in 2018) Operating Countries: Pakistan Bangladesh Sri Lanka Nepal Myanmar

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πŸ›οΈ Daraz: Company Overview

πŸ“Œ Introduction

Daraz is a leading e-commerce platform in South Asia, offering a wide range of products from fashion and electronics to groceries and home appliances. It connects millions of customers and sellers in emerging markets through online shopping and digital payment solutions.

🏒 Company Details

  • Founded: 2012
  • Founders: Rocket Internet (German tech incubator)
  • Headquarters: Singapore
  • Current Owner: Alibaba Group (acquired in 2018)
  • Operating Countries:
    • Pakistan
    • Bangladesh
    • Sri Lanka
    • Nepal
    • Myanmar

πŸ›’ Core Services

  • Online Marketplace: Products in categories like fashion, electronics, beauty, groceries, and more
  • Daraz Mall: Verified brands and official stores
  • Daraz Express (DEX): In-house logistics & delivery service
  • Digital Payment Solutions: Integrated payment via Daraz Wallet, credit/debit cards, mobile wallets, and cash-on-delivery
  • Live Commerce: Real-time shopping through live streaming events

πŸ’‘ Key Features

  • Mobile App: Millions of downloads on Android & iOS
  • Flash Sales, Mega Deals & Campaigns: Regular events like 11.11, Black Friday, and Ramadan Sales
  • Seller Platform: Allows local businesses and individuals to sell online
  • Customer Reviews & Ratings: Builds trust and transparency

πŸ“ˆ Business Model

  • Marketplace model (connecting buyers and sellers)
  • Revenue from:
    • Seller commissions
    • Advertising services (Daraz Ads)
    • Logistics and value-added services

🌍 Market Impact

  • One of the largest e-commerce platforms in South Asia
  • Plays a key role in digitizing retail in emerging economies
  • Supports over 200,000 sellers and serves tens of millions of customers

πŸ“² Technology & Innovation

  • Powered by Alibaba’s e-commerce technology
  • AI-powered recommendations & search
  • Personalized homepage and feeds
  • Mobile-first approach targeting young and digital-savvy populations

🌱 Social Impact & Initiatives

  • Daraz University: Free online training for sellers
  • Women Empowerment Programs to help female entrepreneurs
  • Sustainability campaigns around eco-friendly packaging and responsible commerce
  • Partnerships with NGOs for charity and relief work

πŸ†š Competitors

  • Pakistan: OLX, Amazon (limited), local startups
  • Bangladesh: Evaly (defunct), AjkerDeal
  • India (indirect): Flipkart, Amazon India
  • Other: Shopee, Lazada (also Alibaba-owned in Southeast Asia)

πŸ† Why Daraz Matters

  • A pioneer of e-commerce in multiple South Asian countries
  • Empowers local businesses to go digital
  • Bridges the gap between rural and urban commerce
  • Contributes to economic digitization and financial inclusion