Daraz - About the company
Daraz is an acquired company based in Singapore (Singapore), founded in 2012 by Rajeev Amatya, Ahmed Khan, Bjarke Mikkelsen and Jonathan Doerr. It operates as an App-based online marketplace for multi-category consumer products. Daraz has raised $56.3M in funding from British International Investment. The company has 295 active competitors, including 8 funded and 30 that have exited. Its top competitors include companies like eBay, Etsy and Groupon.
Company Details
Daraz is an app-based online marketplace for multi-category consumer products. It connects sellers and buyers and facilitates the exchange of products via its app. The company offers products across categories like consumer electronics, household goods, beauty & health, fashion, groceries and more. Its app is available for Android and iOS platforms.
- Website
- daraz.com
- Email ID
- *****@daraz.com
- Registered Address
- SHENTON WAY Pincode : 68811
Key Metrics
Founded Year
2012
Location
Singapore, Singapore
Stage
Acquired
Total Funding
$56.3M in 1 round
Latest Funding Round
Investors
Ranked
5th among 295 active competitors
Employee Count
13,540 as on Apr 30, 2026
Exit Details
Acquired by Alibaba Group (May 08, 2018)
Legal entities associated with Daraz
Daraz is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
DARAZ SINGAPORE PRIVATE LIMITED CIN: 201735304M , Singapore, Active | Dec 06, 2017 | - | - |
Daraz's acquisition details
Daraz got acquired by Alibaba Group on May 08, 2018.
Click here to take a look at Daraz's acquisition in detail
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Daraz's funding and investors
Daraz has raised a total funding of $56.3M over 1 round. Its latest funding round was a Series B round on Sep 22, 2015 for $*****. 2 investors participated in its latest round. Daraz has 3 institutional investors.
Here is the list of recent funding rounds of Daraz:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 22, 2015 | 9745274 | Series B | 8914853 | 5878615 | 8848875 | 3034903 |
View details of Daraz's funding rounds and investors
Daraz's founders and board of directors
Founder? Claim ProfileThe founders of Daraz are Rajeev Amatya, Ahmed Khan, Bjarke Mikkelsen and Jonathan Doerr. Nick O'Donohoe is the CEO of Daraz.
Here are the details of Daraz's key team members:
- Rajeev Amatya: Founder & MD of Daraz and founder of 1 other company.
- Ahmed Khan: Co-Founder of Daraz and founder of 1 other company.
- Bjarke Mikkelsen: Founder & CEO of Daraz.
- Jonathan Doerr: Former Co-Founder of Daraz.
- Nick O'Donohoe: CEO of Daraz.
View details of Daraz's Founder profiles and Board Members
Daraz's employee count trend
Daraz has 13,540 employees as of Apr 26. Here is Daraz's employee count trend over the years:
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Daraz's Competitors and alternates
Top competitors of Daraz include eBay, Etsy and Groupon. Here is the list of Top 10 competitors of Daraz, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | eBay 1995, San Jose (United States), Public | Online retailer of electronics, cars, fashion, collectibles, sports, and more | - | 81/100 | |
2nd | Online marketplace offering multi-category products from independent designers | $98M | 81/100 | ||
3rd | Groupon 2007, Chicago (United States), Public | Online marketplace offering deals on multi-category products and services | $950M | 70/100 | |
4th | Recharge.com 2012, Nijmegen (Netherlands), Acquired | Online retailer of mobile top-ups, gift cards, and payment cards | $60.3M | 69/100 | |
5th | App-based online marketplace for multi-category consumer products | $56.3M | 63/100 | ||
6th | Online marketplace platform offering multi-category products | - | - | 57/100 | |
7th | Online retailer of multi-category products | - | - | 53/100 | |
8th | Online retailer of clothing, shoes, and fashion accessories for customers | - | - | 48/100 | |
9th | LUDWIG BECK 1861, Germany, Public | Online retailer of beauty products, fashion apparel, and home goods | - | - | 47/100 |
10th | Online retailer offering fashion and lifestyle products | $98.9M | 44/100 |
Looking for more details on Daraz's competitors? Click here to see the top ones
Daraz's Investments and acquisitions
Daraz has made no investments or acquisitions yet.
Reports related to Daraz
Here is the latest report on Daraz's sector:
News related to Daraz
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Alibaba acquires Pakistan e-commerce site Daraz from Rocket InternetFashion Network•Aug 30, 2024•Alibaba Group, Rocket Internet, Daraz
•
Alibaba's South Asian e-commerce giant Daraz announces layoffs in memoThe Star Online•Feb 27, 2024•Daraz
•
Daraz founder steps down, Lazada’s James Dong to become acting CEOTech in Asia•Jan 24, 2024•Daraz, Daraz
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Daraz Pakistan Announces Million Dollar Creator Fund at Its First Influencer ConventionProPakistani•Oct 06, 2023•Daraz
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Daraz and Meezan Bank Partner to Drive Electric Bike Adoption in PakistanPhoneworld•Sep 25, 2023•Meezan Bank, Daraz
•
Daraz Leads the Transition to Retail Media with the Rebranding of Daraz Marketing SolutionsProPakistani•Aug 09, 2023•Daraz
•
Daraz Pakistan Earns Three ISO Certifications, Highlighting Commitment to ExcellenceProPakistani•Jul 13, 2023•Daraz
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