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Daraz - About the company

Daraz is an acquired company based in Singapore (Singapore), founded in 2012 by Ahmed Khan, Rajeev Amatya 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 129 active competitors, including 8 funded and 12 that have exited. Its top competitors include companies like Amazon, Showroomprive.com 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
Social
XFacebook
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
Ranked
Employee Count
1,001 - 5,000 as on Jul 01, 2024
Similar Companies
Exit Details
Acquired by Alibaba Group (May 08, 2018)

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
3845865
Series B
3541631
2993492
2057322
8702330
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Daraz's founders and board of directors

Founder? Claim Profile
The founders of Daraz are Ahmed Khan, Rajeev Amatya and Jonathan Doerr. Nick O'Donohoe is the CEO of Daraz.
Here are the details of Daraz's key team members:

Daraz's employee count trend

Daraz has 1,001 - 5,000 employees as of Jul 24. Here is Daraz's employee count trend over the years:
Employee count trend for Daraz
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Daraz's Competitors and alternates

Top competitors of Daraz include Amazon, Showroomprive.com and Groupon. Here is the list of Top 10 competitors of Daraz, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Amazon
Amazon
1994, Seattle (United States), Public
Online marketplace offering multi-category products
$8M
81/100
2nd
Logo for Showroomprive.com
Showroomprive.com
2006, Paris (France), Public
Online shopping platform for multi-category products
$80.9M
73/100
3rd
Logo for Daraz
Daraz
2012, Singapore (Singapore), Acquired
App-based online marketplace for multi-category consumer products
$56.3M
59/100
4th
Logo for Groupon
Groupon
2007, Chicago (United States), Public
Online marketplace offering deals on multi-category products and services
-
60/100
5th
Logo for Paytm Mall
Paytm Mall
2017, Bengaluru (India), Series E
App-based marketplace offering multi-category consumer products
$817M
60/100
6th
Logo for Bonprix
Bonprix
1986, Hamburg (Germany), Unfunded
Online retailer of fashion and lifestyle products
-
-
50/100
7th
Logo for OTTO
OTTO
1949, Hamburg (Germany), Funding Raised
Online marketplace platform offering multi-category products
-
-
50/100
8th
Logo for Lesara
Lesara
2013, Berlin (Germany), Deadpooled
Online retailer offering fashion and lifestyle products
$98.9M
46/100
9th
Logo for Baur
Baur
1925, Burgkunstadt (Germany), Unfunded
Online retailer of multi-category products
-
-
46/100
10th
Logo for Pamono
Pamono
Acquired
Online marketplace for vintage and contemporary design objects
$8.86M
45/100
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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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Daraz Group Appoints James Dong as Acting CEOProPakistaniJan 24, 2024Daraz
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FAQs about Daraz

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