Daraz Group announced that merger between two companies, Daraz and Kaymu, is now complete.
From now on, all operations would be under one roof – Daraz.pk through which the e-commerce platform will expand its vendors and customers.
Bjarke Mikkelsen, Chief Executive Officer Daraz says:
The Daraz we see today is the best of the two businesses that came together mid last year and we owe a big part of our success to the people and learnings coming from Kaymu. Thousands of high quality Kaymu sellers are now selling on Daraz and most of them are already doing significantly more business now than they ever did on Kaymu.
Daraz claims that it will work hard to improve its services to ensure that consumer satisfaction is maximized. Daraz plans to make their platform secure by introducing secure payment gateways, provision of genuine and high quality products and making it profitable for the vendors and suppliers.
It wouldn’t be wrong to say that Daraz is planning to pull up their socks as e-commerce giant Alibaba plans to enter Pakistan.
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