Daraz, Kaymu merged

KARACHI: Daraz and Kaymu, the two leading e-commerce players in Pakistan, have been merged to accelerate growth, said a statement on Friday. 

The statement said both the platforms will remain active with their current brand names, but the new entity, Daraz Group, will integrate the operations under one roof. 

“Daraz will continue to operate as a B2C (business-to-consumer) marketplace for branded, original products, with premium fulfillment and value-added-services to help professional sellers scale their business,” it said. It will continue to provide its customers with seven-day return policy for its wide range of original, quality products from local and international brands.”

Kaymu, however, will continue to operate as an open marketplace for smaller businesses and individuals to interact directly with customers through a community based trading platform.