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Daraz, Kaymu merge into Daraz Group

Monday 27 June 2016 13:04 CET | News

Daraz, an ecommerce company, and Kaymu, an online marketplace, have merged into a single entity called Daraz Group.

The two ecommerce sites will continue to be separated in Pakistan and Bangladesh, whereas, in other countries they’ll be merged under a single brand name, brecorder.com reports.

Reports added that at the moment, there aren’t any plans of major restructuring or mass layoffs. However, there is expected “natural attrition”, where employees feel they don’t fit into the larger picture anymore and voluntary resign.


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Keywords: Daraz, Kaymu, Daraz Group, ecommerce, online sales
Categories: Payments & Commerce
Companies:
Countries: World
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Payments & Commerce






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