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
There are ways for online shoppers to get back their money stuck with some e-commerce platforms under the existing laws. But they will have to abandon the hope of retrieving all of their funds, said a legal expert.
The commerce ministry will form a committee to make recommendations on the formulation of a law, authorised by which the ministry will introduce an e-commerce regulatory authority to safeguard interests of all parties involved.
The commerce ministry is going to form a new committee to seek recommendations for making the law on e-commerce regulatory authority to safeguard the interest of the consumers and merchants.
Appetite for purchases through online platforms using cards declined in July this year from that a month ago, as people have become cautious in placing orders following a series of scams centring e-commerce companies having started to come to light.
Qcoom has suspended its physical operations after hundreds of customers thronged its office in Dhaka, demanding products or refunds amid the e-commerce platform’s failure to make deliveries within the promised dates despite receiving payments in advance.
President Abdul Hamid yesterday urged the Bangladesh Competition Commission to protect e-commerce customers from fraudulence.
Appetite for purchases through online platforms declined in July from a month ago, as people became cautious in placing orders when a series of scams centring e-commerce companies started coming to the light.
Evaly is unlikely to be able to return the amount it took from customers in advance payment for goods, said Commerce Minister Tipu Munshi yesterday -- in a crushing blow to the rogue e-commerce platform’s hundreds of thousands of aggrieved buyers.
The High Court yesterday issued an injunction order restraining controversial e-commerce platform Evaly, which allegedly has liabilities of more than Tk 1,000 crore, from selling and transferring its assets until further order.
The commerce ministry will have to take the primary responsibility to support the customers who were conned by some rogue e-commerce firms, said Finance Minister AHM Mustafa Kamal yesterday.
