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

Shipping giant Maersk buys e-commerce firms

Danish maritime transport giant Maersk said Friday it was buying two e-commerce companies as surging demand for shipping led to another bumper profit in the second quarter.

3y ago

News Analysis: Why is the govt indulging Evaly so much?

What does one do when one sees wrongdoing taking place in front of one’s very eyes? For most, the natural response would be to stop it in its tracks.

3y ago

Panel to decide on Evaly’s plea for more time

The commerce ministry will form a committee to decide whether it would provide six months to Evaly after the digital platform sought the time to respond in detail to the show-cause notice it received.

3y ago

Alesha Mart app downloaded over 1m times

Downloads of the Alesha Mart android app has crossed 1 million recently, with the customer rating in Google Play Store being 4.0 seven months past launching.

3y ago

Online sales growth slows

The high-flying growth of the e-commerce sector of Bangladesh has slowed in recent months, largely because of disrupted supply chains caused by strict lockdown and tightening of belts by consumers.

3y ago

Jamuna’s investment in Evaly: What does it actually mean?

Since yesterday, one of the most talked-about topics in Bangladeshi social media is industrial conglomerate Jamuna Group’s announcement of investing up to Tk 1,000 crore in the e-commerce platform Evaly. The sheer figure astounded many as it is the largest amount of investment the country has ever seen in its e-commerce industry. Initially, Jamuna Group will invest Tk 200 crore, and the rest in phases. 

3y ago

Farmers in a remote village selling cattle online

For decades, traditional haats had been the main place for Bangladesh’s farmers and traders for selling bulls ahead of Eid-ul-Ahza, one of the biggest festivals for Muslims when demand for sacrificial animals surges.

3y ago

Commerce ministry asks Evaly to explain whereabouts of Tk 338 crore

The commerce ministry today asked Evaly to explain the whereabouts of around Tk 338 crore that the ecommerce platform owes to customers and merchants.

3y ago

Alesha Mart still unaware of complaints against it

E-commerce platform Alesha Mart yesterday said it still did not know what the complaints were against it.

3y ago

BINs made mandatory for online businesses

Digital commerce firms will have to obtain Business Identification Numbers (BINs) from the National Board of Revenue to continue operations, said Commerce Secretary Tapan Kanti Ghosh yesterday.

3y ago