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.

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.

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.

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. 

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.

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

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

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.

Alesha Mart today said it still does not know what the complaints are against the e-commerce platform.

No decision was taken in commerce ministry’s meeting today whether Evaly will be closed or not, said Commerce Secretary Tapan Kanti Ghosh.

Leading mobile financial service provider bKash yesterday suspended transactions through its channel with 10 e-commerce platforms.

Customers  filed a staggering 13,317 complaints against top e-commerce,  ridesharing, food delivery platforms, and Facebook-based businesses in  Bangladesh in the last three fiscal years, official figures showed.

Leading mobile financial service provider bKash today suspended transactions through its channel to 10 e-commerce platforms.

The government yesterday launched a digital platform that allows customers from across the country to purchase sacrificial animals in a bid to maintain public health guidelines on Eid-ul-Azha amid the ongoing coronavirus pandemic.

Bangladesh currently has one of the largest untapped online markets as the country expects 80 million more smartphone users by 2030.

With Eid-ul-Azha just over a week away, online sales of sacrificial animals are rapidly snowballing as government agencies and e-commerce platforms have partnered up to lure customers into digital cattle markets amid the ongoing coronavirus pandemic.

Online marketplace Daraz Bangladesh recently witnessed the appointment of a new chief corporate affairs officer.

The competition authority is carrying out two investigations against e-commerce company Evaly for alleged embezzlement of funds and breach of competition rules.

Jeff Bezos has some solid timing. The founder and chief executive of Amazon.com is handing over the CEO role to Andy Jassy, head of the cloud division AWS, after a fortuitously good year at the $1.7 trillion retail giant.

Faria Binte Zaman Momo ordered a dress online in 2015 and this was first time she bought anything from digital shops.