Different tax rebates are needed to help e-commerce companies in Bangladesh regain their growth trajectory after facing a significant downturn for the past two years, according to industry people.
As many as 19,623 complaints against 50 e-commerce companies involving about Tk 600 crore filed with the Directorate of National Consumer Rights Protection (DNCRP) are pending, leaving the customers in a state of limbo over their money.
Mastercard in collaboration with Mutual Trust Bank and eCourier today launched a dual currency prepaid card for e-commerce women entrepreneurs.
E-commerce purchases through cards bounced back in March as the total transaction value crossed Tk 900 crore for the first time since July last year, when a number of scams were unearthed in the sector.
Zannatun Ferdous Mohua (24), a physically challenged student of Bogura Government Azizul Haque College, has become a successful e-commerce entrepreneur, by exporting several hand-made embroidery products to foreign countries.
The consumer rights watchdog of Bangladesh has fined 17 e-commerce firms for their failure to deliver products as promised and deceiving customers through false advertisements.
Utilising the fast-growing e-commerce sector, OddPerson is the first British born Bangladeshi clothing brand to focus entirely on the online platform. This enables them to keep prices very competitive compared to other Bangladeshi brands while exceeding in terms of quality of fabric, manufacture and design.
Protein Market, an agrotech startup that’s working to provide safe and unadulterated protein products to B2B & B2C, has raised their first round of Angel investment.
Paragon Group and Aadi BD Ltd have signed an agreement to take Bangladesh in the next level through cross-border e-commerce.
E-Commerce Association Bangladesh (eCAB) demands withdrawal of the VAT on digital commerce.
E-commerce entrepreneurs have raised concerns about the new government policy restricting foreign investors from holding more than 49 percent stakes in digital ventures as it will put the brakes on Bangladesh's fledgling start-up industry.
E-commerce association Bangladesh (eCAB) demands a five to ten years of tax holiday for the sector.
This is a repeated attempt of Finance Minister AMA Muhith to impose VAT on e-commerce business on the platform’s rising popularity for its convenience.
Bangladesh Bank triples the limit for international transaction for online purchase that will boost e-commerce services in the country. The scope of the purchase facility has also been widened to accommodate magazine and newspaper subscriptions.
Bill Gates had once quoted, “If your business is not on the internet, then your business will be out of business”.
The e-Commerce Association of Bangladesh (e-CAB) has urged Prime Minister Sheikh Hasina to lift the bar on Facebook and other social networking sites for the sake of their business.
Daraz is an e-commerce venture which started in Pakistan in 2012. Financed by three German brothers, it has since expanded into both Myanmar and Bangladesh.
E-commerce giant Alibaba has broken its own record for sales on China's Singles Day, the world's biggest online shopping event.
Business leaders have expressed concern on the proposed imposition of 4 percent value added tax (VAT) on e-commerce sales.