The commerce ministry recently issued a letter to Evaly, seeking the exact number of its aggrieved customers and merchants as well as the amount of money stuck-up in payment gateways in order to facilitate refunds.

The commerce ministry has recently asked Evaly to share information about the exact number of customers of the troubled e-commerce company and the amount of its money that is stuck up in the payment gateways.

She took advance payment from customers luring them with hefty discounts and then purchased a plot and flat with over Tk 9 crore. Her relatives also purchased property with the customers’ money. 

The commerce ministry has asked Evaly to stop selling gift cards on discount to promote the company’s products, said a senior official of the ministry yesterday.

The commerce ministry has asked Evaly to stop selling gift cards on discount to promote the company’s products, said a senior official of the ministry today.

Qcoom has refunded Tk 224 crore to customers out of Tk 397 crore stuck with payment gateway Foster, according to a press release sent by the e-commerce platform today.

Following a raid last year, the Rapid Action Battalion (Rab) did not lock up Evaly’s headquarters, which enabled looting and for which registers and documents could not be provided to an audit team, claimed Evaly co-founder Shamima Nasrin yesterday.

Evaly’s cofounder Shamima Nasrin today said the biggest mistake the company made was developing the business with the customers and merchants’ money instead of raising fund from outside.

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

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

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. 

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.

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.

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.

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. 

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.

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.

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.

Mobile financial service provider upay today signed an agreement with Pran-RFL Group to facilitate salary disbursement and merchant payment.

“The two panels of Oikko and Changemakers have not accepted the results,” Abdul Aziz, leader of Oikko, and Waseem Alim, leader of The Change Makers, made the comment in a joint statement.