Daraz Group, Alibaba' s South Asian e-commerce arm that operates in five markets including Bangladesh, has announced that it is letting go of “many” employees but stopped short of disclosing the number.
The directorate serves show-cause notice on the e-commerce platform
In the wake of its hard-fought liberation in 1971, Bangladesh's incredible transformation into an economic powerhouse is a testament to its solid spirit.
The e-Commerce Association of Bangladesh (e-CAB) has recognised 34 companies with the "e-Commerce Movers Award (eCMA) 2023" for their outstanding contribution to society.
In a world that is exceedingly inundated by messages, it is, perhaps, time for businesses to think about whether we are over-communicating with our customers.
The financial sector in Bangladesh is still facing challenges in moving towards sustainable finance due to a lack of awareness and capacity-building, stakeholders said yesterday.
Cashless payments are clearly gaining momentum, aided by increased regulatory support that is fueling innovation, a prime example being contactless payments.
Two case studies of mobile financial service provider bKash have been featured in a local edition of “Essentials of Modern Marketing”, a marketing book written by professor Dr. Philip Kotler
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.
The commerce ministry yesterday launched a Central Complaint Management System (CCMS) in order to protect consumers from fraud while purchasing goods and services from e-commerce firms.
The CCMS platform will act as a bridge between the consumers, regulators and the e-commerce stakeholders
Daraz Bangladesh will also lay off dozens of employees as part of the plan of its mother organisation, Daraz Group
A draft of the new digital commerce law has drawn mixed reactions from industry people and customers alike as some believe a legal framework is necessary to prevent fraud while others opined that it would lead to increased bureaucracy in the emerging sector.
The Bangladesh Bank will commence a campaign tomorrow to popularise an interoperable QR code across the capital city in a move to bring millions of small businesses such as street vendors and lower-income groups under the digital transaction system.
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.