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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With over 90, daraz sri lanka, registered users and close to merchants onboarded to the app so far, the prospects for the solution within the region look positive and we are hoping to roll this out in Pakistan and Bangladesh before the end of the year as the opportunity for this type of technology in South Asia is boundless.

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Daraz is one of the best online shopping platforms in Sri Lanka with a number of categories and product assortments under a single roof! Whether you wish to purchase groceries or electronics, clothing, or home appliances, Daraz app will give you an unparalleled shopping experience. Daraz online shopping app allows you to shop in the comfort of your home with a number of benefits and irresistible deals. This online shopping app gives the best user experience on your smartphones and browses through the latest trends. The Daraz. The best online Daraz app allows you to get product details and reviews instantly and make a smooth and secure purchase. Make your trip to online shopping and avail additional benefits of convenience, safety, and product assortment. Never miss a deal by enabling push notifications and getting access to everything, anytime and anywhere! Simply place your orders and get them delivered right at your doorstep with the facility of secured payment methods and an easy return facility as well. Become a Seller.

Daraz sri lanka

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.

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This e-commerce research report provides a baseline for steering the expansion of the e-commerce sector amidst common challenges such as a lack of knowledge on e-commerce and low levels of trust in digital payment methods. We have observed that in our region and beyond, countries that were quick to adopt e-commerce and digital payment methods have witnessed much higher, inclusive economic growth and this positive impact and trend can be beneficial for Sri Lanka, albeit the challenges of the economic crisis. Payment for online purchases is largely cash-on-delivery due to mistrust and a lack of education around e-commerce and digital payment methods. At a more advanced level, the technology also facilitates advertising, marketing, logistics, and finance to the users and we keep on expanding this ecosystem to accommodate the evolving needs of our sellers and buyers. July Leave this field empty. We will continue to mobilize possibilities despite the hard times and make way for Sri Lankans to explore, experiment and discover new possibilities on the Daraz app. October Some of the key focuses of Daraz include continuously investing in technologies that enhance our logistics applications, improve customer experience by fulfilment capacity, and experimenting with Fintech. 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. The findings of this e-commerce survey underline that e-commerce has emerged as a vibrant economic sector in Sri Lanka. Throughout crises, the challenges of Covid followed by the economic woes of the current times, Daraz has continued to connect sellers and buyers through its leading-edge technology while being a reliable source for people to meet their daily and lifestyle needs. Read More. Our large seller base is a key strength and adds a major dimension to the product assortment and choice. Primarily, the technology connects buyers with sellers of goods, regardless of geographic barriers and other economic barriers that stand in the way of commercializing their enterprises.

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.

December This allows any seller around the island, even in rural areas to find a sizable market for their goods through more cost-effective and convenient means. Add Comment. 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. 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. While it still largely operates under the radar, the above findings suggest that it can stimulate retail trade on an islandwide basis and help transform the country. The platform allows customers to convert a payment into three interest-free instalments and since its roll out in August , 0. Leave a Comment Sign in to Echelon. It is based on the painstaking collection of primary data through a large-scale islandwide survey of a sample population of 4, undertaken between March and July Our large seller base is a key strength and adds a major dimension to the product assortment and choice.