Daraz sri lanka

Kanaka Herath, in the presence of key report contributors.

The annual innovation issues covers big business, the tech industry, and entrepreneurs making incremental and disruptive impacts. Briefly tell us about the impact Daraz is making in the online retail market in Sri Lanka? Daraz is the largest e-commerce platform in Sri Lanka providing users access to over 5 million products across more than 40 categories including furniture, lifestyle goods, groceries, health and beauty, home appliances, pet supplies, fashion, computers, laptops and much more. Moreover, the platform provides Sri Lankan merchants, especially small and medium sellers and women entrepreneurs the opportunity to take advantage of its superior technology to access new consumer markets more conveniently and costeffectively. The company has made a considerable investment in Sri Lanka and we have created over 5, direct and indirect employment opportunities around the island thus far.

Daraz sri lanka

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Visit the nearest Daraz Store and tell the shopkeeper about your desired product. Choose the products with the help of the shopkeeper. Ask your shopkeeper to place the order for you. Receive the products at home or choose to pick them up at the Daraz Store. No:1, Lawrence Road, Wellawatta, Colombo - De Sliva Road, Colombo - Thilaka Food city, Kurudugahahathakma , Elpitiya. A16, Beraliyadolawatta, Hapugala, Wackwella , Galle. Karunarathna Street, Rambukkana.

Daraz sri lanka

Amidst the unfolding economic crisis, the E-commerce giant has deepened its commitment to transforming Sri Lanka with commerce and technology. As a global company, how are you navigating through these economic challenges? With a strong presence in South Asian markets, such as Pakistan, Bangladesh, and Nepal, Daraz is the largest online platform for local sellers and entrepreneurs. However, to bring consumers a wider assortment of products, we allow a select number of overseas sellers to sell their products on Daraz. Many local sellers have built brands or retail businesses by importing stock and selling it online. Consequently, sellers earn less because they now have fewer products or no products to sell, and consumers lose out because they have limited choices and less access to a wide variety of products at competitive prices. However, in terms of navigating this situation, we are optimistic, and we are focused on growing our product assortment in several different ways while encouraging local sellers of goods and services to sell on the platform.

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Read More. For more information email corporateaffairs daraz. There was an increase in purchasing goods and services online due to necessity. The main findings from the e-commerce survey for Sri Lanka are the following: E-commerce is an islandwide phenomenon for purchasing goods and services. March The survey collected information in areas that are relevant to making business strategies and public policies:. How is Daraz making a difference during the unfolding economic challenges? April Leave a Comment Sign in to Echelon. Survey respondents say that they are discouraged from shopping online because of a lack of requisite knowledge and skills to do so, worries about the quality of online purchases and poor customer experiences after placing orders. Additionally, provinces close to and further away from the Western Province are not lagging behind in terms of e-commerce adoption. Through Daraz Express and Daraz Pay, it operates the most efficient and digitalised logistics and payments infrastructure in its markets. However, one of the main findings of this research is that e-commerce is already an islandwide phenomenon, and it is widely used for purchasing goods and services. Our strategic partnerships with leading banks in the country provide further leeway for buyers in terms of credit and debit card discounts and easy payment plans for purchases on the platform while Daraz vouchers give them a reason to keep revisiting the app for added savings on their repeat purchases.

Daraz is one of the best online shopping platforms in Sri Lanka with a number of categories and product assortments under a single roof!

This is a strong indicator that e-commerce will play a catalytic role in advancing retail trade in Sri Lanka, despite the challenging landscape. The annual innovation issues covers big business, the tech industry, and entrepreneurs making incremental and disruptive impacts Read More. A Site where Soldiers prepared for a crucial battle, now promoted for eco-tourism as much as for Archaeology. Tell us about your investments in local tech startups, Daraz Labs and Koko? This way, we are able to provide the best deals and prices on a wide range of products to customers who do not live in proximity to urban shopping hubs and would not otherwise have access to such an assortment of products on one platform. Payment for online purchases is largely cash-on-delivery due to mistrust and a lack of education around e-commerce and digital payment methods. The main findings from the e-commerce survey for Sri Lanka are the following: E-commerce is an islandwide phenomenon for purchasing goods and services. A South Asia-focused buy now, pay later platform, Koko aims to address the increasing demand for easy credit solutions amid low credit card adoption and penetration. The survey also provides many insights and ideas for the future growth of the industry, along with suggestions for a better business enabling environment which can lead to unlocking multiple opportunities if implemented within an apt policy framework. In line with the national vision for economic revival and growth of the digital economy, Daraz will focus on building an ecosystem that will support job creation within the industry, while building better accessibility for all Sri Lankans. The superior Alibaba technology is another key differentiator that has given the platform its cutting-edge performance capabilities and comprehensive e-commerce eco-system that leverages new technologies of network coordination and data intelligence. The economy was at its lowest point in , and the country is still in the throes of the worst economic crisis in 75 years of independence, weighted by the combined effects of the COVID pandemic, the Russia-Ukraine conflict, conservative business practices, and inward-oriented national economic policies.