If you have the nack of doing online shopping, you are going to love this piece of writing. If you are here to know the earnings of these top ten online shopping sites in Pakistan, you will have a lot to know here. Since online shopping has not been the most intriguing gig in Pakistan, these few websites have still made a fortune out of it. I am talking about the online e-commerce sites in Pakistan that have revolutionized the e-shopping industry in the country.
Top Ten Online Shopping Sites in Pakistan
Before embarking upon the topic, I would like to clear a few misleading terms, explain a few important terms. This way, when you complete the reading, you will be a well-informed person regarding the top ten online shopping sites in Pakistan.
Is online shopping and e-commerce the same thing?
Online shopping refers to buying something or anything on the internet. There are these websites or social media pages that sell stuff, the customers either pay them online or offline. The term e-commerce is a broader term. It involves online shopping plus trading as well. E-commerce could be anything bought, sold or exchanged over the internet.
The top ten online shopping sites in Pakistan can be called e-commerce sites. These are e-commerce websites where people can buy and sell stuff. There are also some portals where people can exchange stuff. We will go into the details soon.
Online shopping in the world has evolved over the past few years. The tracking systems, the quality control and refunding work much better in a few countries. Pakistan, unfortunately, does not have a high rank in that list. It is, however, an evolving online market. We have seen some amazing investments from the e-commerce giants in the year 2019. Alibaba has a $400 million investment plan for the development of the e-commerce industry in the country. Whale Cloud, another partner of Alibaba, has invested $70 million in Pakistan.
The list of top ten online shopping sites in Pakistan
Let’s skip the rest of the details and see what we have for you. The following is a list of top ten online shopping sites in Pakistan.
- Daraz
- Yayvo
- Goto
- ARYsahulatbazar
- Well
- Homeshopping
- Mycart
- QNE
- Lootlo
- Shophive
1- Daraz.pk
Daraz was founded in 2012 as a fashion retailer. It was 3 years later that it became a marketplace and expanded its operations in Bangladesh and Myanmar. Its first major milestone was the EUR50 million investment that it collected as a series B funding in 2015. It makes about 8.8 Billion Pakistani Rupees. That allowed the company to expand its operational area and its capacity.
The year 2016 was revolutionary for the country’s e-commerce industry. Daraz made a record 1 billion rupees sale per day. On Black Friday. Only to rename it to Big Friday the next year when it made 3 times the previous year, 3 billion in 2017. This was something that intrigued the businessmen and investors locally and internationally. They started seeing Pakistan as the next big online market.
The huge sales resulted in Daraz being bought by another e-commerce giant, Alibaba. In 2018, Alibaba acquired Daraz. Some sources said that it was sold for $400 – $500 million. Daraz is making somewhere near $2.5 to $3million in annual revenue. This makes the platform the first among the top ten online shopping sites in Pakistan.
2- Yayvo.com
Yayvo is a subsidiary of TCS Pakistan. The site was previously known as TCS Connect. The portal was launched in 2012 and has been planning to partner with a foreign investor to compete with the Chinese owned e-commerce giant Daraz. They have annual revenue of about 150million PKR. Adam Dawood owns Yayvo and he believes that the portal will soon compete Daraz effectively.
The portal has two major categories, online shopping and online ticket selling. One can buy tickets for any and every show, sports or local events on Yayvo. The company’s growth policy makes them number two in the list of the top ten online shopping sites in Pakistan.
3- Goto.com.pk
goto is a very fast growing online shopping site in Pakistan. I have seen many people speaking about the ease of use and how impeccable the experience is on goto.
4- ARYsahulatbazar.pk
With a huge experience of businessmen and a large scale investment. The portal is among the top online shopping sites in Pakistan. You will definitely be interested in a portal if a huge TV network is advertising it. This is one reason why a lot of people trust this e-commerce store. There is a drastic increase in the visitor count on this online shopping website in Pakistan.
5-Homeshopping.pk
Homeshopping started low and slow. This guy has been working for quite a few years now. The portal offers multiple categories of products. A wide range of selection and the experience makes it a very good online shopping site in Pakistan.
6- Well.pk
Well is undoubtedly among the top ten online shopping sites in Pakistan. The site has thousands of products listed under multiple categories. It is also backed by well off and experienced individuals. This information is better off the chart for now.
7- Mycart.pk
Mycart is offering a user-friendly online shopping site with a very good return policy. I have kept it among the top ten online shopping sites in Pakistan for this very reason.
8- QNE
QNE is involved in multiple large scale business expansion events and is going to make this thing bigger. I found the portal good enough for a satisfactory online shopping experience.
9- Lootlo.pk
You might already have heard of the golootlo mobile app where you can get discounts and offers. Lootlo is now a web based e-commerce store that will have products listed for sale. It is definitely going to be among the top ten online shopping sites in Pakistan. The site carries the experience of a successful mobile app with it. I would say it will gradually overtake the top ten online shopping sites in Pakistan to go up the ladder.
10- Homeshopping.pk
Homeshopping was founded in 2008. The lack of funding remains an obstacle. Though the website has a good number of daily visitors and buyers. It would still seem substantially small in front of the top two e-commerce giants in the industry.
The portal is undergoing rebranding as is considered to be the next big retailer in Pakistan. The reason we placed it among the top ten online shopping sites in Pakistan.
