Alibaba buys Rocket Internet's Daraz to expand its e-commerce empire into South Asia - TechCrunch

Alibaba buys Rocket Internet's Daraz to expand its e-commerce empire into South Asia - TechCrunch

TechCrunch

Alibaba buys Rocket Internet's Daraz to expand its e-commerce empire into South Asia
TechCrunch
The acquisition of Daraz follows a fintech investment from Alibaba affiliate Ant Financial, which runs Alipay and other Alibaba financial services. Back in March, Ant paid $184.5 million for a 45 percent stake in Telenor Microfinance Bank, a fintech ...
Alibaba buys Rocket Internet's Pakistan ecommerce platform DarazReuters

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