Pakistan-origin Daraz Group announces further layoffs, a year after 11 percent initial cuts

KARACHI: Pakistani e-commerce giant, Daraz Group, which is owned by China’s multinational conglomerate Alibaba, has announced further layoffs “for a more streamlined and agile structure” a year after saying it was slashing 11 percent of its workforce due to difficult market conditions triggered by the Ukraine crisis. Daraz was founded in 2012 in Pakistan as an online fashion retailer before becoming a leading e-commerce platform in South Asia.

Pakistan says will issue tender for international payment gateway within two weeks

Digital Pakistan 2022: Broadband Penetration Soars to 90% of 15+ Population - Haq's Musings

Pakistan central bank raises key policy rate by 300 bps to 20 percent

Daraz announces layoffs in memo

Blatant interference' by United States, PM Khan says about no-confidence motion to oust him

Red List: Stranded Pakistani expatriates from UK call for

Pakistan seeks international help as deadly monsoon season

Alibaba's South Asian e-commerce giant Daraz announces layoffs in

Greenback continues to surge, touches new all-time high against Pakistani rupee

UN refugees commissioner urges Pakistan to accept Afghans who