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.

9m ago

Consumer Rights asks Evaly to settle consumer complaints

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

11m ago

Now e-commerce falls prey to soaring inflation

Bangladesh’s e-commerce platforms have been witnessing a drop in sales in recent months due to high inflation and rising delivery costs. 

2y ago

HC-appointed Evaly board resigns

The High Court-appointed board of directors of beleaguered e-commerce platform Evaly has ‘resigned’, said a member of the board.

2y ago

Golden Harvest won’t invest in e-commerce

Golden Harvest Agro has decided not to proceed with its plan to open an e-commerce business, with the company’s board citing yesterday that it was for the unstable economic outlook of the country. 

2y ago

Daraz to invest Tk 1,000 crore in Bangladesh in 4 years

Daraz intends to invest Tk 1,000 crore in Bangladesh in the next 3-4 years to ramp up its operation by building infrastructure and ecosystem, the Alibaba Group-backed e-commerce venture said today.

2y ago

5,867 complaints against E-orange, only 33 settled so far

Only 33 out of the 5,867 complaints filed against controversial e-commerce platform E-orange as of June this year have so far been settled.

2y ago

5,815 complaints against Evaly in a year, resolved only 353

A total of 10,747 complaints have so far been filed against Evaly and only 4,495 were settled as of June this year, according to the DNCRP.

2y ago

E-commerce Scams: Year passes, few get redress

Over a year has passed since government agencies cracked down on several e-commerce platforms for not providing refunds or delivering products of thousands of customers after luring them with hefty discounts. 

2y ago

“Missing server password holding up payments to Evaly customers, merchants”

A missing server password is holding up any and all meaningful methods of paying back Evaly customers and merchants – and there is seemingly no way to retrieve this password.

2y ago

Give loans against digital business ID

E-commerce entrepreneurs yesterday urged the government to provide them with bank loans by taking into account their digital business identification (DBID) in place of trade licences.

2y ago

E-commerce sites want bank loans against digital business ID

E-commerce entrepreneurs today urged the government to provide them with bank loans by taking into account their digital business identification (DBID) in place of trade licences.

2y ago