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

  • Daraz says in a memo it is laying off employees for ‘more streamlined and agile structure’ across the group
  • The e-commerce giant has more than 30 million shoppers, 200,000 active sellers and over 100,000 brands
By KHURSHID AHMED    ·

Alibaba’s e-commerce giant with presence in Pakistan, other South Asian countries, announces layoffs

By Reuters ·

Alibaba Cloud selects KAFD as key launchpad, putting KSA’s digital transformation on the fast track

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Alibaba logistics unit Cainiao sets up South Asia’s first smart distribution center in Pakistan

By KHURSHID AHMED    ·

US adds e-commerce sites operated by Tencent, Alibaba to ‘notorious markets’ list

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EXPLAINER: Risks underlie tumbling Chinese company shares

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Breaking News

China fines Alibaba $2.78bn for market abuses: state media

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Alibaba’s Jack Ma makes first live appearance since October in online meet

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China begins anti-monopoly probe into tech giant Alibaba

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Alibaba facial recognition tech specifically picks out China’s Muslim Uighur minority

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China’s Alibaba, Tencent unit fined under anti-monopoly law

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Ant Group IPO pricing ‘history’s largest’, says Alibaba’s Jack Ma

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Latest updates

Saudi cadet bags gold medal as fresh batch graduates from Pakistan Military Academy
Israeli airstrike in southern Gaza city of Rafah kills at least 9 Palestinians, including 6 children
Iran FM downplays reported Israeli retaliation
Pakistan to hold by-elections on 21 national, provincial assembly seats on Sunday 
Death toll from heavy rains in northwestern Pakistan rises to 46

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