E-commerce

E-commerce

Prime Minister's China Visit / Nagad strikes deal with Huawei

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

5m ago

Cheque dishonour case: Evaly’s Rassel, Shamima get 1-yr jail in Ctg

On September 16, 2021, Rassel and Shamima were arrested from their Mohammadpur residence in the capital in a case filed over fraud and embezzlement

6m ago

Tk 127 crore owed to customers: DNCRP forms body to facilitate refunds

The platforms had offered hefty discounts to lure unsuspecting customers to make advance payments of thousands of crores of taka

7m ago

Mamun Rashid joins ShopUp as president

Mamun Rashid, an economic analyst and banker, has joined ShopUp, a business-to-business commerce platform in Bangladesh, as president.

7m ago

Telenor to stay in Bangladesh for long

Telenor, the parent company of leading mobile phone operator Grameenphone, has a long-term commitment to the Bangladesh market.

8m ago

Five ICT trade bodies demand tax exemption until 2031

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.

8m ago

Daraz 'letting go of' employees in Bangladesh, four other countries 

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.

10m ago

Consumer Rights asks Evaly to settle consumer complaints

The directorate serves show-cause notice on the e-commerce platform

11m ago

IFC invests $2.5 million in digital trucking platform Truck Lagbe

The International Finance Corporation (IFC) is going to invest $2.5 million in the digital trucking platform, Truck Lagbe, to connect people and corporate customers with truck owners and drivers through an app and a website in Bangladesh.

3y ago

Evaly Scam Aftermath: Customers, sellers seek legal recourse

Aggrieved customers and sellers are now out to file cases against the controversial e-commerce platform Evaly, hoping to get back their hard-earned money.

3y ago

Laws inadequate to protect rights of e-commerce customers

Existing laws need to be amended while new ones formulated to establish a robust system of clear, enforceable rules creating obligations on e-commerce platforms to adhere to a set of uniform rules on payment and delivery.

3y ago

Evaly office to stay shut

The office of controversial e-commerce platform Evaly will remain shut until further notice as aggrieved customers and sellers continue to flock to the premises demanding their goods or refund.

3y ago

Dhamaka Shopping owes Tk 200 crore to merchants

Suppliers to Dhamaka Shopping today claimed the e-commerce platform owes Tk 200 crore to merchants.

3y ago

Liabilities transfer was Evaly trick

Amidst crushing liabilities of Evaly, its CEO Mohammad Rassel was eyeing two possible escape routes: Either sell Evaly to a foreign investor or file for bankruptcy.

3y ago

Chaldal secures $10m foreign fund for expansion

Local online grocery store Chaldal has raised $10 million in a latest round of funding as it looks to expand its inventories in top cities across the country.

3y ago

BSCIC to launch e-commerce platform

The Bangladesh Small and Cottage Industries Corporation (BSCIC) is all set to launch an e-commerce platform enabling local entrepreneurs to sell different products in the domestic and global markets.

3y ago

Amazon hikes starting pay to $18 an hour

Amazon.com Inc has increased its average starting wage in the United States to more than $18 an hour and plans to hire another 125,000 warehouse and transportation workers, an executive told Reuters. 

3y ago

Hand over Evaly case to home ministry

The national committee on e-commerce yesterday recommended that the commerce ministry hand over the case of Evaly, an e-commerce company, to the home ministry for taking legal action for its anomalies in business.

3y ago