The e-commerce platform Daraz, which is the market leader in South Asia, and Alibaba Cloud, which is the digital technology and intellectual backbone of the Alibaba Group, have joined forces in order to bring about digital transformation in Pakistan. This is being done in order to bring about digital transformation in Pakistan.
Following the signing of a Memorandum of Understanding (MOU) between both companies, Daraz has been given the status of an official partner of Alibaba in Pakistan. This recognition comes as a direct outcome of the MOU. In the presence of Her Excellency Ms. Rukhsana Afzaal, High Commissioner for Pakistan, the Memorandum of Understanding was signed by Mr. Bjarke Mikkelsen, CEO, and Founder of Daraz, and Mr. Derek Wang, General Manager of South Asia and Singapore for Alibaba Cloud Intelligence (MOU).
The “Digital Pakistan Vision” program, which is run by the government of Pakistan, has the goal of bolstering the information technology industry of the country by building a digital ecosystem as its primary focus. Because of this, making this action to achieve that objective makes sense because it adds to the growth of the ecosystem.
After beginning operations in 2015, the e-commerce platform Daraz Pakistan has quickly become a well-known brand across the entirety of Pakistan in a relatively short period of time. Daraz is able to meet the needs of more than 40 million clients in the span of just one month, and its online market is made up of more than 100,000 different sellers.
Students have the opportunity to acquire an education that is both individualized and region-specific in all aspects of the e-commerce value chain by making use of the company’s virtual school, which is known as Daraz University. This educational opportunity is made available to students through the utilization of the Daraz University platform. With the assistance of these technologies, which are necessary for connecting to the internet, companies of a smaller and medium-sized scale are able to connect to the network.
In order to broaden Pakistan’s participation in the digital economy, the two businesses will collaborate to make use of the industry-leading cloud computing solutions provided by Alibaba Cloud. This will allow for a greater number of individuals in Pakistan to take part in the digital economy. Examples of these technological developments include the development of networking and artificial intelligence.
Alibaba Cloud Intelligence’s General Manager for South Asia and Singapore, Dr. Derek Wang, remarked that the company is thrilled to work together with Daraz to bring digitalization opportunities to Pakistan. He continued, “We are certain that by offering our tried and tested cloud computing services, we will be able to support Daraz in building up Pakistan’s digital momentum for the benefit of the larger ecosystem.”
“We are happy to partner with Daraz,” he said. “We are certain that by offering our tried and tested cloud computing services,” he said.
“The purpose of Daraz is to enhance the lives of people in the places where we have a presence, and we believe that by embracing digital technology, we can help grow Pakistan’s digital economy.” “Daraz’s mission is to improve the lives of people in the regions where we have a presence.”
“The mission of Daraz is to enhance the quality of life for residents of the communities in which we have a presence,” Small and medium-sized businesses (SMEs), as well as the business-to-business (B2B) market in Pakistan, can now take advantage of Alibaba Cloud, as stated by Mr. Bjarke Mikkelsen, the CEO of Daraz.
“Improving the lives of the people in the regions in which Daraz maintains a presence is central to the company’s objective.” The business is overjoyed to be able to provide this service.