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
Evaly owes at least Tk 408 crore to 1,026 sellers, according to its own data obtained by The Daily Star.
bKash, a mobile financial service provider in the country, has reduced its "cash out" charge to make customer transactions more affordable.
Dhamaka Shopping came to the market with a singular plan: take hold of as much cash as possible from unsuspecting customers by offering them dizzying discounts for deferred delivery and run for safety as soon as a certain amount had accrued.
The e-Commerce Association of Bangladesh (e-Cab) has temporarily suspended the membership of four e-commerce platforms: Evaly, Dhamaka Shopping, Sirajganj Shop, and Glitters RST World.
The e-Commerce Association of Bangladesh (e-Cab) has temporarily suspended the membership of four e-commerce platforms: Evaly, Dhamaka Shopping, Sirajganj Shop and Glitter's RST World.
The High Court yesterday wanted to know how tax is collected from e-commerce platforms and what steps have been taken into the allegation of money laundering by the companies.
The government today formed a 16-member committee to recommend measures to discipline the e-commerce sector, according to an order by the commerce ministry.
With owners of digital commerce companies Evaly and E-orange behind bars and facing trials on allegations of embezzlement, the funds of thousands of customers have been stuck in the payment channels because of legal complexity.
It calls its hefty discount offers tornado, typhoon, kalbaishakhi (Nor’wester), conflagration and Tufan (hurricane) and sells mobile phones, flats, cars and whatnot.
There is no need to form a separate regulatory body for the e-commerce sector as the existing legal framework is sufficient to ensure discipline, said industry stakeholders yesterday.
