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
All e-commerce companies will soon have to come under one digital platform monitored by multiple state agencies, as the government looks to increase oversight on the sector that has become a hotbed for irregularities in recent months.
Although industry people do not want a new law or regulatory agency, some legal experts and a consumer rights body said those were necessary to oversee the industry now plagued with scams and controversies and protect the interests of stakeholders, including merchants.
The refunding of the e-commerce companies’ stuck up money at the central bank’s payment gateway to the affected e-commerce consumers and merchants will delay further because of delays in vetting by the law ministry.
Daraz, one of the largest e-commerce companies in Bangladesh, has recently had its biggest promotion event 11.11. The platform posted Tk 190 crore in sales during the daylong campaign. On the occasion of its single largest promotion, we spoke to Bjarke Mikkelsen, founder and CEO of Daraz Group. He shares his vision and thoughts for Daraz in Bangladesh with Shahriar Rahman from The Daily Star.
Some Japanese companies are thinking of entering the e-commerce business in Bangladesh, said ITO Naoki, Japanese ambassador to Bangladesh, yesterday.
One-day sale campaign of Daraz Bangladesh, an online marketplace and a concern of Alibaba Group, 11.11 started at 12 am today.
Customers’ wait for refunds of advance payments, which eventually got stuck at payment gateways for deliveries not being made by e-commerce firms, is likely to be prolonged as the government wants to examine legal issues first.
Online marketplace Daraz Bangladesh has taken huge preparations for the biggest one-day sale campaign “Eleven Eleven” to keep its promise to present with the best customer and seller support.
The Digital Commerce Cell (DCC) plans to propose issuing unique business identification number and introducing a central complaints management system and a central logistic tracking platform to streamline the e-commerce sector, DCC Chief AHM Shafiquzzaman said today.
The newly formed five-member Evaly board today sealed off four of it warehouses in Savar.