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

e-CAB suspends four member companies

The e-Commerce Association of Bangladesh (e-Cab) has recently suspended the membership of four e-commerce firms, as they did not send satisfactory response to the complaints consumers filed.

3y ago

Evaly, its chairman and MD's bank account details sought

The Bangladesh Financial Intelligence Unit yesterday asked banks to submit the account details of Evaly along with its managing director (MD) and chairman.

3y ago

Don’t allow shoppers pay directly to e-commerce platforms, commerce ministry urges Bangladesh Bank

The commerce ministry today suggested Bangladesh Bank take step directing banks of not accepting deposits of money made by online shoppers to the accounts of e-commerce companies.

3y ago

Walton partners with upcoming e-commerce platform

Walton Hi-Tech Industries has recently become an exclusive partner of Walcart, an upcoming e-commerce platform, opening up a new avenue for the sale of Walton’s electrical and electronic products alongside delivery of necessary support.  

3y ago

Walton partners with e-commerce platform Walcart

Walton Hi-Tech Industries has become an exclusive partner of Walcart, an upcoming e-commerce platform that will enable customers to easily purchase Walton brand products and get necessary support.

3y ago

Evaly’s liabilities Tk 543cr, higher than BB finding

Beleaguered e-commerce platform Evaly, which faces inquiries by the government, said its liabilities to customers and merchants stood at Tk 543 crore as of mid-July, which is 35 per cent higher than the amount found by an initial probe of Bangladesh Bank.

3y ago

‘Evaly has Tk 544 crore in liabilities'

Evaly has a liability of Tk 542 crore to its customers and merchants, a top official of the commerce ministry said today.

3y ago

Travel ban issued against two former owners of eorange and three others

A Dhaka court today issued a travel ban against five people, including two former owners of e-commerce platform eorange, in a case filed for embezzling around Tk 1,100 crore.

3y ago

Another e-commerce site in trouble

Hours after a consumer sued eorange for not delivering products against payment, two former owners of the e-commerce platform yesterday surrendered before a Dhaka court which sent them to jail, rejecting their bail pleas.

3y ago

Commerce ministry asks e-orange to give info about its assets, liabilities by 7 days

The commerce ministry today issued a show cause notice to e-orange asking them to provide information about the amount of assets and liabilities of the e-commerce company within seven days.

3y ago