Digital business identification launched for e-commerce firms

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

Every e-commerce company will now have to obtain the DBID for doing business.

Commerce Minister Tipu Munshi today launched the digital app for DBID in an inter-ministerial meeting at the commerce ministry.

At the launching, some 11 companies were given the DBID certificates.

More than 1,600 e-commerce companies and nearly five lakh financial commerce companies are involved in Bangladesh's e-commerce business.