Daraz Plans Strategic Investment In Logistics and Infrastructure

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. 

Register to read this article in full and more insight articles!

Continue to Registration
By registering, you will be signed-up for an account which gives you access to our premium stories published a few times a week and archives of all our premium stories. You will also receive a daily newsletter sent to your inbox. To unsubscribe, please visit the profile section in your account. We have a strong privacy policy. We will never share or sell your data to anyone.

What you get

In-depth actionable analysis In-depth analysis on startup, business and technology scene in Bangladesh that you would not find anywhere else. Daily and weekly newsletter Get our daily and weekly newsletter with our most important stories directly to your inbox.

We Recommend

Type to Search

See all results