eCommerce in Bangladesh: Ensuring level playing field for local players and establishing a sustainable value chain for eCommerce

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eCommerce in Bangladesh: Ensuring level playing field for local players and establishing a sustainable value chain for eCommerce

Date : 1st February, 2017 Venue : Windy Town Time : 05:30 PM~07:30 PM
Type

Seminar

Topics

eCommerce in Bangladesh: Ensuring level playing field for local players and establishing a sustainable value chain for eCommerce

Date

1st February 2017, Wednesday

Time

05:30 PM~07:30 PM

Venue

Windy Town

Total Attendance

54

e-Commerce in Bangladesh is a new but rapidly growing sector. Now a days people are becoming more reliable on online services for their regular grocery to other requirements. Similarly, businesses like small startups to medium entrepreneurs are coming forward to provide such services. In some cases some of these startups even started simply from home, either by a couple of students or by housewives. The initiatives it selves reflects how much capital shortage they are going through. On top of that there isn’t any easy finance to take forward.

In addition, seeing the scope of e-commerce business, some multinational companies started providing digital services to the citizens. Clearly, it became unjust for the small and local entrepreneurs to compete with these big fishes as they have adequate capital and potential resources/ client information. This not only reduces the chance of employment, but also reduces the chance of globalizing a local company. Moreover when despite all the unfair competition, these start-ups manage to run their business but are often suppressed by the price dumping of Talco’s in e-Commerce. So the session will aid in identifying our shortcomings and being self-critical to figure out how we can raise our bar and legal parameters in order to let the local entrepreneurs not only to survive, but also to dominate in the e-commerce zone.