Daraz is an online marketplace and logistics company which operates in markets of South Asia and Southeast Asia. It was founded in 2012 as an online fashion e-commerce marketplace in Pakistan by Muneeb Maayr (Founder) & Farees Shah (Co-Founder) at the based venture builder, Rocket Internet. Daraz Group operates e-commerce platforms and logistics service in Bangladesh, Myanmar, Nepal, Pakistan and Sri Lanka. Bjarke Mikkelsen is the current CEO of Daraz. In May 2018, Daraz Group was acquired by the Chinese e-commerce company Alibaba Group from Rocket Internet.