E-commerce platform Alesha Mart yesterday said it still did not know what the complaints were against it.

"I do not know what the allegations are against us. A few other e-commerce platforms are ruining our business and reputation," said Manjurul Alam Sikder, chairman and managing director of Alesha Mart.

"We pay the prices in advance, bring the products and deliver those to the customers. I have given Tk 350 crore as advance to the vendors," he said.

Sikder spoke at a press conference at the Westin Dhaka.

The Bangladesh Financial Intelligence Unit in June this year sought bank account details of 11 e-commerce merchants, including Alesha Mart.

"We are subsidising these discounts not from buyers' money, but from our own funds. This is our business strategy. We have 11 organisations and four of them are profitable. A few other e-commerce platforms are ruining our business and reputation," Sikder said.

He said Alesha Mart has given a subsidy of Tk 350 crore in the last six months since its inception and made a profit of Tk 140 crore by selling other products.

That means, the company has given a net subsidy of Tk 210 crore in the last six months, he said, adding that the company's turnover in the last six months was Tk 1,100 crore.