What are the reasons behind irregularities in e-commerce?
According to Bangladesh Bank, in the last 2.5 years, the e-commerce sector in Bangladesh has grown 10 fold. Between 2019 and 2020, the amount of transactions of any online-based business has grown double, triple or even four times. But the population that had just recently gotten used to online transactions were jolted by the news of e-commerce companies being exposed, one after another, for various irregularities. Lakhs of online customers are uncertain about hundreds of crores of taka tied up in these online platforms.
In Straight from Star Newsroom, Khondoker Md Shoyeb discusses the reasons and possible solutions for these recent developments with The Daily Star's business reporter Mahmudul Hasan.