Daraz

HISTORY OF DARAZ Daraz .pk your online shopping store in Pakistan. Buy the latest Mobiles, Appliances, Fashion Accessories, & more retail products available for sale online .   Daraz  is a Chinese-owned   online marketplace  and logistics company which operates in  South Asian  markets. It was founded in 2012 by a German   venture capital  company,  Rocket Internet . Daraz Group operates e-commerce platforms and logistics services in  Pakistan,   Bangladesh, Nepal, Siri Lanka , and  Myanmar . In May 2018, Daraz Group was acquired by the Chinese e-commerce company Ali BabaGroup Daraz was founded as a fashion retailer in Pakistan in 2012, but changed to a general marketplace strategy and business model in 2015 when it also launched operations in Bangladesh and Myanmar. In September 2015, Daraz secured EUR50 million in its Series B funding in order to expand operations in Pakistan, Bangladesh and ...