Pakistan-origin Daraz Group announces further layoffs, a year after 11 percent initial cuts

KARACHI: Pakistani e-commerce giant, Daraz Group, which is owned by China’s multinational conglomerate Alibaba, has announced further layoffs “for a more streamlined and agile structure” a year after saying it was slashing 11 percent of its workforce due to difficult market conditions triggered by the Ukraine crisis. Daraz was founded in 2012 in Pakistan as an online fashion retailer before becoming a leading e-commerce platform in South Asia.

Epaper_24-01-25 KHI by Pakistan Today - Issuu

daraz: Alibaba-backed Pakistani ecommerce platform Daraz cuts

Daraz slashes 11% workforce, affecting employees in Pakistan

Haq's Musings: Digital Pakistan 2022: Broadband Penetration Soars

Pakistan seen hiking rates again on IMF guidance, analysts say

Alibaba takes over Daraz Group in Pakistan's first e-commerce

Pakistan's financial regulatory body grants first Shariah

China to issue visas to foreigners, including Pakistanis, who take Chinese vaccine

Alibaba's e-commerce giant with presence in Pakistan, other South

Pakistan says mulling 'immediate measures' against COVID-19 second

Pakistan-origin Daraz Group announces further layoffs, a year after 11 percent initial cuts