Funding
In April 2014, Ooredoo, a Qatar-based Telecommunications Company (formerly known as QTel) joined hands with Rocket Internet.[1] The founding of APACIG resulted in additional funding from Ooredoo.[2]
Rocket Internet in Pakistan
The German internet company Rocket Internet took an initial step into Pakistan’s e-commerce sector with the establishment of Daraz.pk in July 2012.[3] Following a positive reception in Pakistan with its first e-commerce venture, Rocket Internet expanded its operations in Pakistan to over 30 active websites in 2015, the widest known being Kaymu.pk, Foodpanda.pk and Daraz.pk.[4]
Marketplace Model
An apparent drawback Kaymu faces is the inability to gauge the quality of products listed by the sellers. Some of these products are illegally copied games and programs being listed as genuine copies.[5]
See also
References
- ^ "Rocket Internet partnered with Ooredoo Q.S.C a Qatar-based telecom". nation.com.pk.
- ^ Daily Times. "Ooredoo and Rocket Internet Partner to Develop Online Businesses in Asia". dailytimes.com.pk.
- ^ "Rocket Internet Fashion E-Store daraz gets 1000 orders per day". www.techinasia.com. Retrieved 15 June 2015.
- ^ "Rocket Internet in Pakistan". nation.com.pk.
- ^ "Pirated Software and Games Make it to Kaymu.PK of Rocket Internet". propakistani.pk. Retrieved 1 October 2014.