Alibaba to Enter Sri Lanka

Alibaba has officially bought Daraz. How will it impact Sri Lankan eCommerce market? Will it be a positive impact or negative impact?

Alibaba buys Rocket Internet’s Daraz to expand its e-commerce empire into South Asia – TechCrunch

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Originally Posted by Neo

Alibaba has officially bought Daraz. How will it impact Sri Lankan eCommerce market? Will it be a positive impact or negative impact?

Alibaba buys Rocket Internet’s Daraz to expand its e-commerce empire into South Asia – TechCrunch

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Too early to predict but because of their name "Alibaba" will boost sales channels , No idea how they are going to implement their strategy here.

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Originally Posted by Chandana

Too early to predict but because of their name "Alibaba" will boost sales channels , No idea how they are going to implement their strategy here.

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Can't really predict the outcome but surely changes might occur and Daraz would become a more trust able company because of the name ''Alibaba'' and he might even introduce more products which would boost sales!