Daraz, in line with its previous precedence, made an announcement last week that the company will be investing some BDT 500 crore in Bangladesh through 2021, reports the Daily Star.
1/ The report, while remains rhetorical in nature, offers an insider view into Daraz’s priorities in Bangladesh in the coming months and years. The company eyes major expansion. To back its expansion, it aims to build logistical infrastructure and local hubs across the country. Infrastructure remains critical limitation for ecommerce companies in Dhaka. For instance, a lack of delivery infrastructure continues to negatively affect the consumer experience and the growth of ecommerce in Dhaka. Daraz, with the new investment, aims to tackle some of these limitations and leaps ahead of the competition.
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