Beleaguered e-commerce platform Evaly, which faces inquiries by the government, said its liabilities to customers and merchants stood at Tk 543 crore as of mid-July, which is 35 per cent higher than the amount found by an initial probe of Bangladesh Bank.

Hours after a consumer sued eorange for not delivering products against payment, two former owners of the e-commerce platform yesterday surrendered before a Dhaka court which sent them to jail, rejecting their bail pleas.

The commerce ministry today issued a show cause notice to e-orange asking them to provide information about the amount of assets and liabilities of the e-commerce company within seven days.

Customers have filed a case against owners and staff of e-commerce platform E-orange for reportedly embezzling around Tk 1,100 crore by not delivering their products.

A former male employee of Chinese e-commerce giant Alibaba Group Holding Ltd is suspected of committing “forcible indecency” against a female colleague, but not rape, according to Chinese police probing the assault. 

The e-commerce sector needs a sound policy to ensure the credibility of all stakeholders and punish delinquent platforms, experts said yesterday, as online firms face a reputational crisis in the wake of questionable business practices by a few.

Global e-commerce company Amazon has paid Tk 53 lakh in value added tax (VAT) directly to the revenue authority after it got registration for the indirect tax.

Beleaguered e-commerce platform Evaly has been given three weeks to provide a detailed response to the recent show-cause notice it received from the commerce ministry.

Chinese e-commerce giant Alibaba Group Holding Ltd has fired a manager who allegedly sexually assaulted a female employee and will establish policies to prevent sexual harassment, Chief Executive Daniel Zhang said on Monday.

Representatives of the commerce ministry and other relevant government bodies will sit on Wednesday to decide whether to approve Evaly’s request for six months’ time to respond in detail to the show-cause notice it received.

The commerce ministry and representatives from some government bodies will sit on Wednesday to decide whether they would provide six months to Evaly after the digital platform sought the time to respond in detail to the show-cause notice it received recently.

Danish maritime transport giant Maersk said Friday it was buying two e-commerce companies as surging demand for shipping led to another bumper profit in the second quarter.

What does one do when one sees wrongdoing taking place in front of one’s very eyes? For most, the natural response would be to stop it in its tracks.

The commerce ministry will form a committee to decide whether it would provide six months to Evaly after the digital platform sought the time to respond in detail to the show-cause notice it received.

Downloads of the Alesha Mart android app has crossed 1 million recently, with the customer rating in Google Play Store being 4.0 seven months past launching.

The high-flying growth of the e-commerce sector of Bangladesh has slowed in recent months, largely because of disrupted supply chains caused by strict lockdown and tightening of belts by consumers.

Since yesterday, one of the most talked-about topics in Bangladeshi social media is industrial conglomerate Jamuna Group’s announcement of investing up to Tk 1,000 crore in the e-commerce platform Evaly. The sheer figure astounded many as it is the largest amount of investment the country has ever seen in its e-commerce industry. Initially, Jamuna Group will invest Tk 200 crore, and the rest in phases. 

For decades, traditional haats had been the main place for Bangladesh’s farmers and traders for selling bulls ahead of Eid-ul-Ahza, one of the biggest festivals for Muslims when demand for sacrificial animals surges.

The commerce ministry today asked Evaly to explain the whereabouts of around Tk 338 crore that the ecommerce platform owes to customers and merchants.

E-commerce platform Alesha Mart yesterday said it still did not know what the complaints were against it.