Daraj bought food delivery startup Hungrinaki

Hungrinaki, a popular food delivery service provider, has acquired Daraj, a subsidiary of Alibaba Group and the country’s largest e-commerce platform. The acquisition was officially announced at a joint press conference between Daraj and Hungrinaki at the BICC in the capital. The press conference was attended by Syed Mostahidul Haque, managing director of Daraj, and Eddie Ahmed, chief executive and co-founder of Hungrinaki, among others. According to the press conference, Daraj has acquired most of the movable and immovable property in Hungrinaki. However, this will not affect Hungrinaki’s current business operations, meaning that all Hungrinaki employees will continue to work regularly in the future. Hungrinaki will be operated as a separate and distinct food platform under the management of Daraj.

Source: Bhorer Kagoj by www.bhorerkagoj.com.

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