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Daraz, the largest e-commerce platform in South Asia, has achieved 100% year-on-year growth in business and is on target to reach USD1 billion in sales this financial year. In 2021, the company expects to have over 40 million platform users and 100,000 active SME sellers.
This trend is likely to accelerate, as the region’s internet penetration grows, more SMEs try to incorporate e-commerce into their operations, and governments start to recognize the economic value of e-commerce.
