Alibaba Group has acquired Daraz, its second purchase for a Rocket Internet company following the earlier deal for Lazada in Southeast Asia.
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Tag: Bangladesh
Bangladesh smartphone market continues growth trajectory
Bangladesh mobile operators began offering 4G services last month, albeit in limited areas, after gaining the necessary licences.
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Emerging markets to give tech devices US$10b boost
India, China, Pakistan, and Vietnam are among the top five emerging markets that will drive tech devices sale in 2015, according to GfK.
The resarch firm has forecasted that the global technology device market will remain at US$1 trillion next year, just as it has been since 2011.
| Top 10 tech device growth markets in 2015 | ||||
|---|---|---|---|---|
| | 2014 (U$b) | 2015 (U$b) | Percentage YoY | Growth (U$b) |
| India | 30.0 | 34.8 | 16% | 4.8 |
| China | 199.0 | 200.8 | 1% | 1.8 |
| Nigeria | 5.1 | 5.7 | 13% | 0.7 |
| Pakistan | 4.2 | 4.8 | 15% | 0.6 |
| Vietnam | 5.5 | 6.1 | 11% | 0.6 |
| Bangladesh | 3.3 | 3.8 | 13% | 0.4 |
| Brazil | 39.0 | 39.3 | 1% | 0.4 |
| Egypt | 4.6 | 5.0 | 8% | 0.3 |
| Indonesia | 12.4 | 12.7 | 3% | 0.3 |
| Philippines | 3.8 | 4.1 | 6% | 0.2 |
| TOTAL | 306.9 | 317.1 | 3% | 10.1 |
Source: GfK
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