e-commerce in Bangladesh

Thursday, November 06, 2014

e-Commerce Association of Bangladesh e-CAB

e-commerce is not a new thing in most rich and developed countries. Even in my own country Bangladesh, it started from 1998 or 99. However, after 15-16 years, this sector is still suffering from several critical problems. So, e-commerce Association of Bangladesh e-CAB has been recently formed. Already, a number of companies have joined this trade association. It is expected that due to the formation of this association, e-commerce will really gain momentum in the country. I have to state that I am the founding President of this organization and we hope to work for promoting this sector in the country.
A Google search on this topic will perhaps show little content about e-commerce in Bangladesh. Bangladesh has a population of 160 million, mobile phone subscribers of 100 million plus and more than 30 million Internet users. However, e-commerce is still negligible in terms of business turnover and employment. There is no concrete research, stats and legal framework for this sector. So, the companies engaged here are always suffering from a handful of problems.
The problems are common- online transaction and payment problem, lack of good delivery service, a very small market size, lack of awareness among people, no Paypal yet in the country and so on. In the absence of any trade organization, the companies in this sector often face serious obstacles. So, some of them joined their hands together and formed it.
Already a number of companies from Dhaka have joined while we have seen nominal participation from the cities of Sylhet and Chittagong. Still, the main challenge is taking e-commerce outside of the country.
The website of e-commerce Association of Bangladesh is: http://www.e-cab.net/ and the Facebook Page is: https://www.facebook.com/eCommerceAB
There has been a lot of interest about e-CAB and that is why within a very short time, it has become a popular and well visited of Bangladesh according Alexa Ranking.

So, if you are interested about e-commerce in Bangladesh please visit our website. The whole content is in English language there. So, even if you are not a Bengali that should not be a problem.

3 comments:

  1. Nice post. Thanks for sharing. India's best cab and taxi booking app, ixigo cabs shows availability and fares across various taxi service providers and car rental companies. Book online cab with ixigo cab app.

    ReplyDelete
  2. good news for all investors of Bangladesh.

    ReplyDelete

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