Members of the e-Commerce Association of Bangladesh (e-CAB) yesterday elected an executive committee comprising nine members for a two-year term. 

Out of 795 voters, around 609 votes or 76.6 per cent of the total were cast, said AHM Bazlur Rahman, a member of the commission formed to hold the election.

Ace Cricketer Shakib Al Hasan’s e-commerce platform Monarch Mart will now sell products of leading Bangladeshi retail chain Shwapno.

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.

Sales on digital platforms have picked up in Bangladesh as people in droves are purchasing products online as part of their preparations to celebrate Eid-ul-Fitr.

Six months after landing in jail in cases filed over allegations of embezzlement of customers’ money, e-commerce platform Evaly’s Chairman Shamima Nasrin walked out of jail yesterday.

The current Managing Director (MD) of Evaly Mahbub Kabir Milon said it is not possible to refund money of customers of the non-functional digital commerce company without examining information of clients from the server.

In the history of Ponzi schemes, there is no example of equitable justice. There is only one outcome: the house of cards comes crashing down, the mastermind is hauled off to jail, and the victims are the ones hung out to dry.

The Central Digital Commerce Cell (CDCC) yesterday refunded 30 affected customers of Dalal Plus, Ajker Deal and Anander Bazar for the companies’ failure to deliver purchased goods on time.

Since the Covid-19 pandemic crippled many businesses and impacted livelihoods of thousands, many were forced to resort to alternative means of income including exploring alternative channels.

Chaldal, the country’s largest online grocery store, has recently received the no-objection certificate (NOC) from the Bangladesh Bank to develop its subsidiary, Chaldal Payments, as a payment service provider (PSP).

Alesha Mart yesterday started providing refunds over the non-delivery of goods to the customers who had placed orders making payments in advance.

The High Court yesterday allowed e-commerce platform Evaly’s ex-chairperson Shamima Nasrin and former CEO Mohammad Rassel to transfer 50 per cent of their shares to three family members to run the company.

E-commerce company Alesha Mart today started giving refunds to its consumers as per the guideline of the Digital Commerce Cell (DCC) formed by the commerce ministry.

The e-Commerce Association of Bangladesh (e-CAB) today wants the value-added tax on the rents of any company’s office, warehouse, fulfilment centre and sorting houses to be abolished, as the cost affects the pricing of products also.

Purchases through mobile financial services (MFS) increased significantly in December as people are getting more prone to using digital means for availing necessities.

The Range Rover, a luxurious vehicle used by Evaly's former Chief Executive Mohammad Rassel, was sold at Tk 1.81 crore at an auction in the capital’s Dhanmondi today.

The commerce ministry today launched the digital business identification (DBID) for the e-commerce companies with a view to check irregularities in the sector.

Some Tk 2,530 in cash, some blank cheques, and documents were recovered from inside two lockers of the e-commerce platform Evaly yesterday.

The Bangladesh Competition Commission (BCC) yesterday filed a case against Alesha Mart, an e-commerce company, for creating uneven competition in the market by offering unfair discounts.