Alibaba acquiring daraz???




Electronic commerce now a days becoming most popular among consumers and sellers.
Most of the sellers, shop owners and business men today are using the plateform of internet in order to grow their businesses. Online shopping is actually the type of e-commerce through which consumers directly buy goods or services over the Internet. One of the most satisfying feature of online stores is, they provide the consumers on their websites the "search" feature in order to look for specific items which they want to buy. The only thing online customers should have is, they must have the internet facility and an accepted method of payment so that they would be able to complete thier transaction.

Among such online stores Daraz is also one of the most famous and Asia's fastest growing and Pakistan's number one online store.

Whereas Alibaba is a Chinese ecommerce retail that was founded in 1999 and provides sales regarding cloud computing services,  shopping, electronic payment services through web portals. It is ranked as one of the world's most admired companies by luck.


There are several rumors arising regarding the acquisition of Pakistan’s biggest ecommerce store Daraz by Alibaba group.
But neither Daraz.pk nor Alibaba group has confirmed or denied about the acquisition.

If the dealing between Alibaba and Daraz gets success then it will be one of the biggest acquisitions from Pakistan and it will be beneficial for both the parties. It will let the Alibaba group to take the position in Pakistan but right now Daraz owns the biggest share in the ecommerce industry of Pakistan.



Moreover Pakistan’s ecommerce market growing up day by day and different start-ups and companies are investing heavily in this regard.

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