3w ago| E-commerce

E-orange founder, her relatives bought assets with customers’ money

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. 

3w ago| E-commerce

Evaly ordered to stop selling gift cards on discount

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.

4w ago| Business

Evaly ordered to stop selling gift cards on discount

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.

E-commerce Scams: Year passes, few get redress

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. 

“Missing server password holding up payments to Evaly customers, merchants”

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.

Give loans against digital business ID

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.

November 3, 2022
November 3, 2022

E-orange founder, her relatives bought assets with customers’ money

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. 

November 3, 2022
November 3, 2022

Evaly ordered to stop selling gift cards on discount

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.

November 2, 2022
November 2, 2022

Evaly ordered to stop selling gift cards on discount

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.

October 19, 2022
October 19, 2022

Qcoom refunds Tk 224cr to customers

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.

October 7, 2022
October 7, 2022

Evaly’s transaction records lost for Rab

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.

October 6, 2022
October 6, 2022

‘Evaly's biggest mistake was to develop business with customers’ money'

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.

October 5, 2022
October 5, 2022

Now e-commerce falls prey to soaring inflation

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

September 20, 2022
September 20, 2022

HC-appointed Evaly board resigns

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

August 30, 2022
August 30, 2022

Golden Harvest won’t invest in e-commerce

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. 

August 25, 2022
August 25, 2022

Daraz to invest Tk 1,000 crore in Bangladesh in 4 years

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.