Nagad signed an agreement with Huawei Technologies yesterday to work together in order to transform people’s smart transaction experiences..Tanvir A Mishuk, founder and CEO of the mobile finance service (MFS) provider, and Pan Junfeng, president of Huawei South Asia region and CEO of Huawe
On September 16, 2021, Rassel and Shamima were arrested from their Mohammadpur residence in the capital in a case filed over fraud and embezzlement
The platforms had offered hefty discounts to lure unsuspecting customers to make advance payments of thousands of crores of taka
Mamun Rashid, an economic analyst and banker, has joined ShopUp, a business-to-business commerce platform in Bangladesh, as president.
Telenor, the parent company of leading mobile phone operator Grameenphone, has a long-term commitment to the Bangladesh market.
Five associations representing the ICT sector yesterday demanded that the government extend tax exemptions on businesses offering software and IT-enabled service (ITES) till 2031, saying their development was crucial to the government’s vision for a Smart Bangladesh.
Daraz Group, Alibaba' s South Asian e-commerce arm that operates in five markets including Bangladesh, has announced that it is letting go of “many” employees but stopped short of disclosing the number.
The directorate serves show-cause notice on the e-commerce platform
A draft of the new digital commerce law has drawn mixed reactions from industry people and customers alike as some believe a legal framework is necessary to prevent fraud while others opined that it would lead to increased bureaucracy in the emerging sector.
The Bangladesh Bank will commence a campaign tomorrow to popularise an interoperable QR code across the capital city in a move to bring millions of small businesses such as street vendors and lower-income groups under the digital transaction system.
The commerce ministry recently issued a letter to Evaly, seeking the exact number of its aggrieved customers and merchants as well as the amount of money stuck-up in payment gateways in order to facilitate refunds.
The commerce ministry has recently asked Evaly to share information about the exact number of customers of the troubled e-commerce company and the amount of its money that is stuck up in the payment gateways.
She took advance payment from customers luring them with hefty discounts and then purchased a plot and flat with over Tk 9 crore. Her relatives also purchased property with the customers’ money.
The commerce ministry has asked Evaly to stop selling gift cards on discount to promote the company’s products, said a senior official of the ministry yesterday.
The commerce ministry has asked Evaly to stop selling gift cards on discount to promote the company’s products, said a senior official of the ministry today.
Qcoom has refunded Tk 224 crore to customers out of Tk 397 crore stuck with payment gateway Foster, according to a press release sent by the e-commerce platform today.
Following a raid last year, the Rapid Action Battalion (Rab) did not lock up Evaly’s headquarters, which enabled looting and for which registers and documents could not be provided to an audit team, claimed Evaly co-founder Shamima Nasrin yesterday.
Evaly’s cofounder Shamima Nasrin today said the biggest mistake the company made was developing the business with the customers and merchants’ money instead of raising fund from outside.
