What is Daraz? Daraz Review

What is Daraz? Daraz Review

Founded in 2012, Daraz is the fastest growing e-commerce platform in West Asia and one of the most popular e-commerce platforms in West Asia.



About Daraz


Daraz is affiliated to Rocket Internet, a European Internet incubator. It currently has independent websites in five countries, including Pakistan, Bangladesh, Myanmar, Sri Lanka, and Nepal.


West Asia has a market of 470 million consumers, and Daraz has a 90% share of online shoppers.


In 2016, Rocket Internet announced the merger of e-commerce platforms Darza and Kaymu into the new Daraz Group, occupying the top position in Pakistan's e-commerce field.


Entry requirements


Currently, Daraz Pakistan is open to premium sellers on Jumia & Linio platforms. If you are not an international seller on Jumia & Linio, you must meet the following requirements:


1. Provide all relevant regulatory approvals and business licenses;


2. Provide debit or credit cards, such as VISA/MasterCard and other payment tools;


3. The product meets the quality inspection requirements;


4. The product listing price shall not be higher than the price of the same product offered by the seller through its own sales channels;


5. Provide clear product information, including SKU number, price, brand, size, weight, etc.;


6. Develop a commission schedule for each product sold on the platform;


7. All customs duties, sales taxes, value-added taxes and other fees during the sales process shall be borne by the customer;


8. Sellers can choose their own logistics companies or use the platform's FBD model. The platform will charge sellers according to market prices.


Cost Issues


The Daraz platform does not require any entry fees, deposits, annual or monthly fees in the early stages, and does not charge any commissions for the time being.


logistics


Cross-border sellers can use Daraz dedicated logistics. Local delivery is the same as Jumia, and Daraz Express is also available for last-mile delivery. Consumers can enjoy delivery to their homes in as fast as one working day using Daraz Express, and there is no need to pay extra fees:


Fast delivery: It can be delivered to you within 1-6 working days within Pakistan.


Guarantee inventory: Ensure that the products purchased by consumers are in stock and delivered on the same day in first-tier cities!


·Quality assurance: Professional packaging to ensure product quality and safety.


Store operation process


Development History


-In January 2015, we started operations in Bangladesh and Myanmar.


- In November 2015, participated in Pakistan's Black Friday.


-In July 2016, we started operations in Sri Lanka and Nepal.


-In August 2016, we started international delivery.


-In February 2017, installment purchases became available.


-On May 8, 2018, Alibaba announced the full acquisition of Daraz. , opening up a new international trade channel, making online transactions simpler, safer and more efficient.

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