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Daraz Investing Tk. 1,000cr in Bangladesh in Next Four Years

Daraz Investing Tk. 1,000cr in Bangladesh in Next Four Years
Photo Courtesy: Daraz Press

CEO and founder of Daraz, Bjarke Mikkelsen said that Daraz Group will fund Tk. 1,000 crore in Bangladesh in the next three-four years. He added, “We continue to invest in building e-commerce infrastructure and ecosystem in Bangladesh. Our number one destination is to make a sustainable business and ecosystem for e-commerce in the country besides empowering young and upcoming entrepreneurs.” Hence, the articles represents Daraz Investing Tk. 1,000cr in Bangladesh in Next Four Years.

Fashioning the tagline “8 years of Unbound Joy Thank You, Bangladesh”, the campaign will continue from September 4-11. To make this anniversary memorable for the shoppers, Daraz has brought many exciting attractions, like brand-free shipping, mystery box, flash sales, hot deals, mega deals, and so much more. In addition to boasting a grand shopping experience, the campaign comprises massive discount offers of up to Tk. 15,000, gamification giveaways, vouchers, payment offers, new user gifts, flash puzzle challenges, exclusive launches, and exceptional EMI facilities.

Syed Mostahidal Hoq, Managing Director of Daraz Bangladesh, said, “The 7-year-long journey of Daraz Bangladesh has been adorned with many milestones. Today, the company has become the leading e-commerce platform as it conveys its success with over 7 million customers, 50,000 sellers, and numerous partners and stakeholders.” Md. Tajdin Hassan, Chief Marketing Officer of Daraz Bangladesh, said that currently, the share of the e-commerce sector in the country’s retail product sales is only 2%, while it is 6% in India and 20% in Indonesia. 

“We are trying to inspire people to purchase online through various campaigns. As a result, Internet use in the country is increasing. So, we have an opportunity to go a long way with e-commerce,” he added. Daraz Group Chief Operating Officer Zornica Zafirova; Daraz Bangladesh Managing Director Syed Mostahidal Hoq; Chief Operating Officer Khondoker Tasfin Alam were also present at the event. 

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