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One free scan finds every outdated or missing driver and matches the right update for your exact hardware.Free scan · exact hardware matchAlibaba acquired Daraz Group in May 2018. Rocket Internet’s announcement on 8 May said the price was undisclosed; Alibaba later reported paying US$194 million in cash for a 100% equity interest in Daraz Singapore Private Limited.
When did Alibaba acquire Daraz?
Rocket Internet announced the sale on 8 May 2018, saying Alibaba had acquired the entire share capital of Daraz Group. Alibaba’s FY2019 annual report records the acquisition in May 2018. Rocket Internet’s announcement and Alibaba’s FY2019 annual report describe the transaction using their respective entity names.
How much did Alibaba pay for Daraz?
Alibaba’s FY2019 annual report states that it paid US$194 million in cash for a 100% equity interest in Daraz Singapore Private Limited. Rocket Internet’s original 8 May 2018 announcement called the amount undisclosed; the later disclosure in Alibaba’s filing supplies the figure.
What was Daraz, and what happened to the brand?
At the time of the 2018 announcement, Rocket Internet said Daraz operated in Pakistan, Bangladesh, Myanmar, Sri Lanka and Nepal, and that the business would continue under the Daraz brand. The seller also reported that the five markets had a combined population of more than 460 million, with 60% under age 35; those are Rocket Internet’s 2018 figures, not current demographic estimates.
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In its FY2025 reporting, Alibaba included Daraz in Alibaba International Digital Commerce Group and described it as an ecommerce platform across South Asia, identifying Pakistan and Bangladesh as key markets. This is a dated description in Alibaba’s reporting; it does not by itself establish Daraz’s exact legal ownership structure or operational status as of October 2026. Alibaba’s FY2025 reporting provides the group classification.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What the deal terms establish—and what they do not
The two acquisition descriptions are consistent in scope but should be kept distinct: Rocket Internet said the deal covered the entire share capital of Daraz Group, while Alibaba’s later filing specifies a 100% equity interest in Daraz Singapore Private Limited. The available disclosures establish the reported consideration and ownership interest, but do not provide a basis here for adding a confirmed deal rationale, independent valuation, integration terms or closing mechanics.
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