Ali Baba Acquired Pakistan's e-Commerce Giant Daraz.pk

Karachi (Routers) - Alibaba Group has bought the entire share capital of Rocket Internet's South Asian ecommerce platform Daraz Group, Daraz Ceo' Bjarke Mikelson & Jonathan Doer Announced on Tuesday Morning. It did not disclose financial details. Daraz, founded in Pakistan in 2012, operates online marketplaces in Pakistan, Bangladesh, Myanmar, Sri Lanka and Nepal. The unit will continue to operate under the same brand following the sale to Alibaba, Rocket said. Rumors of a deal have been rife for the past couple of months.The deal is part of Alibaba’s second wave of international expansions which see it enter South Asia. The company initially focused on India — where it has backed Paytm — and Southeast Asia...

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Chinese to Acquire Pakistan Post through hostile takeover

After failing to acquire TCS , Chinese firm is interested in Acquiring State Owned Pakistan Post by investing $1 billion under its reform agenda to become a profitable entity. Pakistan Post has embarked on a comprehensive reform agenda to become profitable. These reforms include: (i) Establishment of Mobile Money Transfer Solution (ii) Pakistan Post Logistics Company and (iii) Re-Branding of Pakistan Post. Briefing the Senate Standing committee on Communications, Director General Pakistan Post said that a Chinese Company has shown interest to invest $1 billion in the logistic project, besides connecting it with China Pakistan Economic Corridor (CPEC). However, it will be carried out through Public Private Partnership and open...

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Daraz has become largest Site from Pakistan

Daraz.pk has become no.1 Site excluding social sites & Search engines. Courtesy : Similar Web Daraz is home to the a wide selection of fashion, electronics, home appliances, kids items and lots more - all at best prices. Daraz.pk offers nationwide delivery directly to your home or office with innovative and convenient payment methods like cash on delivery. ...

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Colorful Friday in Pakistan - Annual Grand Sale

In November 2015, Daraz.pk started a trend of Grand Annual Sale in Pakistan by the name of BLACK FRIDAY.Every brand & their competitor adopted this concept and started their own White, Blue Friday.They give Lame reason regarding spiritual concept of this Holy Day.Most of the persons who raise finger towards its name hardly offer Friday prayers.While it is observed during this mega sale,mostly khalifa persons who has a issue with Black Friday shops most rather than other liberal guys.Even a person with Dark Skin has a problem with BLACK color of Friday.So he/She accept whatever racism they face from world is right. Now come towards the concept of color BLACK associated with BLACK FRIDAY.So the world black...

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Increasing Security Protocols by VIPs in Karachi

When you are waiting for GREEN Light at traffic signal but after few minutes you realize it will not open until the GOD FATHER of the nation will pass safely towards his destination.Some German shepherd in white dress on their heavy bikes 1st passes to ensure after smelling that no one is their to hunt the BULL DOG sitting in four wheel between the caravan of wolves. It is daily story of Karachi at busiest route of the city SHAHRAH E FAISAL.Common men has to suffer this before and after office hours.No one has courage to say anything publicly against these bloody VIP Protocol.However if someone tries to protest than he has to pay cost of troubling wild Dog. Its a fault of Public.They should break signal everytime when they see traffic...

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Facilitation of Ambulances

‘Wee-woo- wee woo’, the siren of your ambulance blares. In the backseat, you can notice the accident victim, struggling with every passing moment, dropping in and out of consciousness. You wipe the sweat off your forehead, as you desperately try to weave your way through the thick traffic, which seems to be going on for miles, as if fading into the horizon. You keep honking the horn, hoping against hope, that you will be able to find a breakthrough, from the thick blanket of vehicles, that will allow you to rescue the now unconscious patient, and get him to the hospital, in time. You look behind your shoulder, to peek at the heart rate monitor – what you see is not a pretty sight, as it indicates a rate, constantly on the drop – much like your hopes of saving the patient. And then, just...

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