No Alibaba Has Not Owned Daraz.pk - Whats The Latest

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Wednesday, May 23, 2018

No Alibaba Has Not Owned Daraz.pk

Yesss You heard, Right. Recently We heard rumors that owner of Alibaba Express "Jack MA" has owned Daraz. But there is no reality behind these Rumors. A few days ago, A news Agency published this news and it became viral and gain popularity on Facebook and other Social Network sites.



Alibaba was founded by Jack Ma in China. Soon after, it became the most popular brand of the market and earned repute within no time. Now this company has expanded their business in many Countries and seeking opportunities to influence each level of the market.

Daraz.pk is also a largest online shopping platform. This Company existed on in Pakistan. It is the biggest online shopping platform for people of Pakistan
This news also got viral on many Websites too. Many Bloggers revealed mysteries about the partnership between Daraz and Alibaba Express.
But officially there is truth or fact. The Silent talks are taking place between these three brand names of the market: Alibaba, Daraz, and Telenor. However, officials of Alibaba have visited Pakistan many times but there is no confirm deal has been done so far.

Alibaba Express is planning to invest an immense amount of  400 Million $$ and looking forward to seeking a place in Pakistan Stock Market.


Till Now from Both officials, no confirm news has been revealed. All the news are rumors till now. 

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