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115+ Ecommerce Business In Bangladesh: Most Profitable Enterprise

By Sumaiya Simran Last Updated -- Thursday, 2024-04-04
ecommerce-business-in-bangladesh

Currently, ecommerce business in Bangladesh is the most popular, trendy, and profitable enterprise. The most exciting part is that it annually brings millions of dollars in revenue to Bangladesh.  

Based on the trade research institution research and markets.com, the Bangladesh e-commerce market is currently worth Tk56,870 crore and is forecasted to reach Tk1.5 lakh crore by 2026. 

One of the biggest reasons for the rapid popularity of e-commerce business is the availability of innovative & digital technology in every hand. 

People can now buy and sell anything using an e-commerce website anytime. The e commerce industry in Bangladesh has opened up a new pace of shopping and spending time online. 

People now shop for anything anytime, precisely without physically going to any shopping mall. In the initial days, people used to be afraid to purchase anything using the internet, but as time passed, the new generation accepted it as a regular practice. 

The e commerce industry in Bangladesh is classified into four different parts 

  • Business To Business (B2B)
  • Business To Consumer (B2C)
  • Consumer To Consumer (C2C)
  • Customer to Business (C2B)

Raise Of E Commerce Business In Bangladesh

The revolution of e-commerce business in Bangladesh started in the early 2000s, when Bangladesh wasn’t advanced in the internet era. Ordering online is huge for everyone. 

However, after 2008-2009, when Bangladesh Bank legalised online transactions, people gained the courage and trust to purchase online. 

This ecommerce business has slowly opened new sectors of ecommerce business jobs, ecommerce entrepreneurship, and many more. 

Ajkerdeal and Bagboom were the first e-commerce websites in the industry. Even though they were the first mover, they couldn’t crack the industry. Currently, numerous ecommerce platforms are successfully running their ecommerce business.

However, after 2012-2013, different e-commerce companies entered and took this industry to new heights. As per ecommerceDB.Com, Bangladesh will earn US$7,520.3 million in 2023. Bangladesh is expected to earn a compound annual growth rate of 15.8%, with a forecasted market volume of $13,502.8.

115+ Examples Of Ecommerce Businesses 

## Multiniche Based Ecom

  1. Daraz Bangladesh - Online Shopping In Bangladesh
  2. Othoba - Hassle Free Online Shopping In Bangladesh
  3. Kablewala Bangladesh - One stop online shopping mall 
  4. ClickBD - The largest e-commerce site in Bangladesh
  5. Sindabad - wholesale marketplace for home 
  6. Evaly - online shopping platform  
  7. Priyoshop - Online Shopping In Bangladesh 
  8. Pathao Shop - Your One Stop Shop
  9. AjkerDeal- Online Shopping BD
  10. Qcoom - online shopping
  11. Jadroo - Trusted Online Shopping in Bangladesh
  12. China Online BD - Wholesale buy from China and Alibaba

## Fashion & Apparels

  1. Aarong - Ethically made handcrafted products 
  2. Fabrilife - Fashion & comfort 
  3. Ecstasy - Largest Online Fashion Retailer
  4. Bata - Online Footwear Retail Company
  5. Time zone BD - Authentic Watches Shop in Bangladesh
  6. Monarch Mart - Changing Online Shopping Experience
  7. SaRa Lifestyle - Lifestyle Trends and Online Shopping in BD
  8. Sailor Clothing - Sailing Life
  9. Easy Fashion Ltd - The Most Loved & Top Pioneer Fashion 
  10. Richman BD  -Best Mens Fashion Brand in Bangladesh
  11. Top Ten Mart Ltd - Top Fashion Brand in Bangladesh

## Electronic/Computer Accessories

  1. Startech - Leading computer, laptop & Gadget Shop in Bangladesh
  2. Ryans Computers -Trusted computer, laptop & component shop 
  3. Gadget Monkey BD - Your trust and our service 
  4. Sumach tech - Trusted mobile shop in Bangladesh
  5. Motion view - Biggest Eco Product Collection
  6. Pickaboo - Your Trusted Partner For Hassle-Free Online Shopping
  7. Dazzle - A leading smartphone shop 
  8. Techland - Trusted Retail Computer Store in Bangladesh
  9. PC house BD - Trusted Retail Computer Store In Bangladesh
  10. Swap.com - E-Commerce And Re-Commerce Marketplace
  11. Bdstall - Online Stall for Computer, Electronics,& Travels
  12. BD Shop - Online shopping BD 
  13. Bikroy.com - Electronics, Cars, Property and Jobs in Bangladesh

## Food & Groceries

  1. Chaldal - Grocery Delivered at your Doorstep
  2. Khaas Food - Best Pure and Safe grocery Store in Bangladesh
  3. Foodpanda Bangladesh-Food & Grocery Delivery in Bangladesh
  4. Shwapno - online grocery shopping
  5. Ghorer Bazaar - Online Grocery shop
  6. Meena Bazaar online-Online Grocery shop 
  7. Kazi Farms Kitchen - Kazi Kitchen Farm 
  8. Agora Super Stores -Bangladeshi retail superstore 
  9. Bengal meat - Bangladesh's Only International Standard Abattoir.
  10. Daily Shopping BD - Everything Near Your Hand
  11. Green Grocery - 100% authentic grocery 

## Beauty & Skincare 

  1. Shajgoj - Authentic Cosmetic and Beauty Products
  2. BanglaShoppers - Cosmetics Shop in Bangladesh
  3. Focallure Bangladesh- Cosmetics Products In Bangladesh
  4. Moons.gallery - World of glamour
  5. Lira Import Ltd - Lira Import BD 
  6. Skincare BD - Skin Care BD
  7. Thebodyshop - Cosmetic & Beauty products
  8. Skincare Shop - Skincare Shop All Of Your Skincare Products
  9. BeautySkinCareBD - Skin Care For Skin Care Best Derma Cosmetics
  10. TheMallBD-100% authentic makeup & skin care online shop
  11. RongonHerbals - Organic Skin & Hair Care
  12. PerfumeWorld - Original Perfumes in Bangladesh
  13. Ribana - Best Organic Soap, Cosmetics, Beauty Product

## Home & Lifestyle 

  1. Hatil - Modern Furniture Crafted with Elegance
  2. Partex Furniture - Largest Furniture Manufacturers
  3. Rokomari - Best Online Book Shop In Bangladesh
  4. RFLshop - Peaceful Online Shopping
  5. RegalFurnitureBD - Get Stylish Home & Office Furniture
  6. BrothersFurniture.com.bd- Furniture for home
  7. Akhtar Furniture -Art of luxury with our exquisite furniture collection
  8. HATIM Furniture - Buy Furniture Online
  9. ISHO Furniture - Best Furniture Store Online
  10. FurnitureBari - Buy/shop furniture from Bangladesh 
  11. BoiBazar - Buy Books online

## Home Appliances 

  1. Walton - Best Electrical, Electronics & IT products
  2. Transcom Digital - Buy Original Branded Electronic Products Online
  3. Butterfly - Fly Towards Unlimited Possibilities
  4. Rangs - Home Appliance at Best Price in BD
  5. Vision Electronics - Top Home Appliance Brand in BD
  6. Minister - Home Appliances
  7. M.K.Electronics - largest electronics collection
  8. Electronics.com.bd - online DIY electronics component and parts
  9. Fair Electronics - Samsung Authorised Online Shop Bangladesh 
  10. Leetechbd - Electronics parts shop in Dhaka Bangladesh
  11. Gazi Home Appliance - Best Home Appliance Brand 
  12. Best Electronics - one-stop shop to get all kinds of electronic

## Medicine & Healthcare 

  1. Sebaghar Telemedicine- Telemedicine and Doctor Video Consultation
  2. Arogga - Order Medicine, Healthcare Products, Lab Tests
  3. Doc time - online medical services
  4. OsudKini - Your Trusted Online Pharmacy 
  5. Medeasy.health- Best Online Pharmacy BD
  6. Osudpotro - Online Pharmacy in Bangladesh
  7. ePharma - Leading Online Pharmacy and Healthcare Platform
  8. Praava Health - One-stop-shop for your health
  9. HealthxBD - One Stop Digital Health Care Service Partner
  10. MyHealthCo - Doctors Online appointment

## Automotives 

  1. Suzuki Bangladesh-Rancon Motorbikes Ltd
  2. Truck Lagbe- Truck rental agency in Dhaka
  3. HeromotoCorp - India's Leading Two-Wheeler Manufacturer
  4. XoomAuto - A reconditioned vehicles importer and display centre 
  5. Tvsabl - TVS Auto Bangladesh 
  6. Motorcycle.com - Reviews, Videos, Prices and Used Motorcycles
  7. BikeBD - Most Popular Bike Portal of BD
  8. Suzuki.com.bd - RANCON MOTORBIKES LTD
  9. Acimotors-bd - Motor vehicle dealer in Dhaka
  10. Motorcyclevalley - Bike Price in Bangladesh 2024

## Education 

  1. 10 minutes schools - The largest online classroom of Bangladesh
  2. Eshikhon - Top Best Online Freelancing Training Courses Institute
  3. Instructory - Online teaching marketplace in Bangladesh
  4. Shikkhok -  Learn everything, in Bengali
  5. LeadAcademy - Biggest live Coding class platform 
  6. Bongiyo Academy - Online Certification Training in Bangladesh
  7. Skilluper - Expert on Digital Marketing with online courses
  8. Ostad Limited - Learn Skills Live
  9. Ghoori Learning - Best Online Courses Platform in Bangladesh
  10. MSB Academy -  The #1 Online Learning Platform In Bangladesh

## Service & More

  1. ShebaXYZ - Get expert professional service at home in Bangladesh
  2. Bdjobs - Largest job site in Bangladesh 
  3. Rail Sheba  -Bangladesh railway E-ticketing service 
  4. Shohoz - Bangladesh’s largest online ticket destination 
  5. B-Property - Property & real estate for sale and rent 

Top 15 Ecommerce Websites In Bangladesh(Based On Product Variety, UX/UI, Review/Rating And Pricing)  

  ecommerce business in bangladesh

Yes, it's true that now the Bangladesh ecommerce industry is getting saturated day by day. Now, almost every business has an online page and advanced AI chatbot for the customer's convenience.

Almost every business in Bangladesh maintains two modes of selling products: one is a physical store, and the other is an online shopping store. 

Among hundreds of them and, each with a different niche, we will discuss the top 6 ecommerce businesses in Bangladesh. These six e-commerce platforms are not only top but also popular based on customer choice. 

01. Daraz Bangladesh

daraz

Daraz Bangladesh is one of the most trendy, popular, strong fan bases and the largest e-commerce platform in Bangladesh. 

After Daraz and Alibaba's acquisition, they started their journey in Bangladesh in 2012. 

Not only in Bangladesh, Daraz also operates in Nepal, Pakistan, Sri Lanka, and Myanmar.

Daraz holds millions of trusted sellers, and most of them are dropshippingers and drop Surfingers

After so many years of efforts and dedication, Daraz has gained popularity by providing authentic products, a secure payment gateway and an almost 20 million range of product categories. 

Organic Search Traffic:2.2 Million

Daraz offers a huge number of product categories such as 

  • Women's & Girls' Fashion
  • Health & Beauty
  • Watches, Bags. Jewellery
  • Men's & Boys' Fashion
  • Mother & Baby
  • Electronics Devices
  • TV & Home Appliances
  • Electronic Accessories
  • Groceries
  • Home & Lifestyle
  • Sports & Outdoors
  • Automotive & Motorbike 

Here are some extraordinary features of Daraz Bangladesh: 

  • Trusted seller 
  • Friendly UX/UI
  • Sorted & hassle-free return policy 
  • Multiple product range 
  • Reasonable price range 
  • Policy for fastest delivery 
  • Easy navigating system for websites and apps
  • Attractive discounts and offers 
  • Merge with different brands & financial institutions

02. Chaldal

chaldal

Even Though there was a massive dominance in the ecommerce market, in 2013, Chaldal started their operation with a different niche, which is delivering groceries. Currently, Chaldal is successfully running all over Bangladesh. 

Chaldal has achieved recognition as the largest grocery e-commerce store in Bangladesh. Because of this extraordinary idea of choosing different & specific niches helps to grab the attention of the mass people. Chaldal started its journey focusing on the other side of the industry, such as targeting the grocery side. Chaldal offers every kind of grocery product, different appliances, materials and many more. And the most attractive thing about Chaldal is their fastest delivery service and secure payment gateway. 

Organic Search Traffic: 262.5k 

Extraordinary Categories Of Chaldal:

  • Food items
  • Cleaning Supplies
  • Personal Care
  • Health & Wellness
  • Baby Care
  • Home & Kitchen
  • Stationery & Office
  • Pet Care
  • Toys & Sports
  • Beauty & MakeUp
  • Fashion & Lifestyle
  • Vehicle Essentials

03. Pickaboo 

Pickaboo 

Pickaboo is recognised as one of the best omnichannel ecommerce platforms in Bangladesh. Pickaboo is registered under Silver Water Technologies Limited. They started their operation in January 2016 and kept the niche only limited to electronic devices. 

Even Though they were late in entering the industry, they still successfully gained popularity by providing the fastest customer support and product quality.

Through this year, Pickaboo has occupied a stronger position in the e-commerce industry in Bangladesh. Presently, Pickaboo is known for having the largest collection of electronic devices such as mobile, laptops, electronics & appliances, computer accessories and lifestyle. 

Organic Search Traffic 110.8k

Extraordinary categories of Pickaboo 

  • Smartphones
  • Electronics & Appliances
  • Mobile Accessories
  • Computers
  • Computer Accessories
  • Lifestyle

04. Bikroy.com

Bikroy.com

Even though Bikroy.com was the early bird in the e-commerce industry, it still needed to tap ecommerce on a larger scale. Bikroy.com started its operation in 2012. 

Their main niche is to provide a platform so that anyone can buy and sell second-hand items free of advertisement charge. 

To maintain the platform's authenticity, the admin strictly checks all the ads before publishing live. Bikroy.com has become a popular eCommerce platform for buying & selling second-hand products.

Organic Search Traffic 670.9k

Extraordinary Categories of Bikroy.com

  • Mobiles
  • Electronics
  • Vehicles
  • Home & Living
  • Pets & Animals
  • Property
  • Men's Fashion & Grooming
  • Women's Fashion & Beauty
  • Hobbies, Sports & Kids
  • Business & Industry
  • Essentials
  • Education
  • Agriculture
  • Services
  • Jobs
  • Overseas Jobs

05. Rokomari 

Rokomari 

Rokomari is another leading ecommerce platform in Bangladesh. Rokomari has a sole niche and is also recognised as the most extensive online bookstore & accessories ecommerce platform. Rokomari works under the association of the Onokorom Group.  

Rokomari's primary goal is to sell different types of books, handcrafted items, home appliances, gift items, paintings and other stationary items. Rokomari.com has the most straightforward UX/UI, where you can find & order any book by searching through the publisher or writer's name.  

Organic Search Traffic 363.6k 

Extraordinary categories of Rokomari.com

  • Gift finder 
  • Institutional order 
  • Offers 
  • Quiz
  • Book of various writers
  • Subject
  • Electronics
  • Publication
  • Manihari products 
  • Kids Zone
  • Buy 1 Get 1 Offer
  • HSC+Admission Books
  • Book fair 2023

06. ShebaXYZ

ShebaXYZ

ShebaXYZ is the first ecommerce platform in Bangladesh which is service-based. Shebaxyz started their journey in 2015. Mainly their service is specially for office & home, specifically in Dhaka, Bangladesh.

Organic Search Traffic: 14k

Exclusive Categories Of Shebaxyz

  • Gas Stove/Burner Services
  • Plumbing & Sanitary Services
  • Painting Services
  • Home Cleaning
  • Premium Pest Control
  • House Shifting Services
  • AC Servicing (For Single Split AC Unit)
  • Salon Care
  • Home Cleaning
  • DigiG0
  • On-Demand Driver
  • Refrigerator Service 

07. Startech 

Startech 

Startech is a tech-related product shop that started its journey in March 2007. Certainly, Startech has become one of Bangladesh's most popular and trustworthy tech brands. Startech has stocked up all the top electronic brands and accessories devices at a very affordable price.  

Also, Startech is a trusted store that repairs electronic devices very cheaply. Startech is also the best option for gamers and graphic designers because they have the largest stock of high-end gaming PCs and editing PCs.

Organic Search Traffic 1.5 M

Exclusive Categories of Startech 

  • Desktop & Laptop 
  • Component 
  • Monitor
  • UPS 
  • Phone & Tablet 
  • Office Equipment 
  • Camera
  • Security 
  • Networking
  • Software 
  • Server & Storage 
  • Accessories 
  • Gadget 
  • Gaming 
  • TV Appliance

08. Othoba

Othoba

Othoba, one of the largest e-commerce marketplace platforms, was launched in 2015. Othoba is a sister concern of the Pran-RFL group, hence offering all the quality products of Pran-RFL products at very affordable prices. 

In the Othoba-eCommerce platform, a one-stop solution for all types of household necessity items, electronics, fashion and many more. 

Organic Search Traffic: 165.7K

Exclusive Categories of Othoba 

  • Household
  • Festival Special Weekly Offer
  • Furniture Big
  • Saving Days
  • Home & Living
  • Electronics
  • Fashion
  • Baby & Kids
  • Bags & Travel
  • Books & Stationery
  • Jewelleries & Accessories

09. Priyoshop 

Priyoshop 

Priyoshop is Bangladesh’s largest B2B e-commerce marketplace, where you will find diversified brands at most wholesale prices. Priyoshop provides the best user-friendly interface, quick delivery system, replacement facilities and an easy payment process. Priyoshop is unique from others because it serves its service in three different verticals:

  • Retail (place for daily grocery items)
  • HoReCa (trusted place for your hotel, restaurant & cafe)
  • Exclusive partnership (Distribution solution for every brand) 

Organic Search Traffic: 3.2K

10. Ajkerdeal 

Ajkerdeal 

Ajkerdeal was established in 2011, it has slowly become a B2C online shopping website. In Ajkerdeal, you will find exclusive brands, low-priced brands, and non-brand products. 

That means you will find all types of brands and non-brand products under one umbrella at an affordable price. Ajkerdeal has a 200k+ product collection and has almost 500k+ valuable customers.     

Organic Search Traffic 28.2K

Exclusive Categories of Ajkerdeal 

  • Fashion & cloths
  • Mobile & Computer Accessories 
  • Gadgets 
  • Sports item 
  • Groceries and Foodstuffs
  • Home decoration
  • Footwear
  • Medicine and Health Care
  • Bags and purses
  • Kitchen and Dining
  • Motorbikes

11. Bproperty 

Bproperty 

Bproperty is one of the largest online property portal holdings in Bangladesh. This platform helps connect various sellers, buyers, landlords, tenants, developers and real estate. Indeed, Bproperty is the most trustworthy real estate expert and has a vast knowledge of Bangladesh’s market.   

Mainly, Bproperty is a real estate service provider; the user will visit the Bproperty website and contact Bproperty support for any Query, need or service. The Property will assist a user by providing all the necessary support, from finding the perfect home to finalising the deal.

Organic Search Traffic:79.3K

12. Bdjobs

Bdjobs

Bdjobs is Bangladesh's leading online job portal, connecting job seekers with employers nationwide. With millions of users and a vast database of jobs, Bdjobs is a one-stop shop for any job.

They feature jobs in various sectors and for all experience levels, making them a valuable resource for fresh graduates and skilled professionals. In addition to job listings, Bdjobs also offers career advice, salary information, and employer reviews to help you make informed decisions about your career path. 

Organic Search Traffic:1.2M

13. Rail Shebae

Rail Shebae

Rail Sheba is an official mobile application for Bangladesh Railway, Bangladesh Railway E-ticketing Service. 

Launched in 2014, it helps users conveniently purchase train tickets online, search for train schedules, select seats, and make secure payments using debit/credit cards or mobile wallets.

This app simplifies the ticket booking process for travellers using Bangladesh Railway.

Organic Search Traffic:3M

14. Foodpanda Bangladesh


Foodpanda Bangladesh

Foodpanda Bangladesh is a leading online food delivery platform that makes our lives easier by offering efficient delivery services. 

With over 2,000 restaurants available, they offer various food options, from popular chains to local favourites. They also provide grocery delivery through Pandamart, allowing you to get everyday essentials delivered straight to your door.

Organic Search Traffic:211.4K

15. Arogga

Arogga

Arogga is a Bangladesh health-tech startup that focuses on providing a complete healthcare solution using their mobile app. Arogga's primary target is to provide convenient medicine delivery to users' doorsteps. It also offers features such as medicine information, discounts, and the ability to store medical records. 

Organic Search Traffic:250K

How To Start Ecommerce Business In Bangladesh? 

Indeed, online e-commerce has become one of the hot business niches in Bangladesh. Every industry sector is now adopting online e-commerce businesses, from government firms to new startups. 

Currently, e-commerce businesses in Bangladesh are the most profitable business niche, no matter what type the niche is. Below, I have mentioned the steps of e-commerce business:

  1. Choose the type of e-commerce business (B2B, B2C or C2C), matches your resource 
  2. Create a professional website & Facebook page 
  3. Purchase an e-commerce shopping cart software 
  4. Merge with payment gateway 
  5. Hire a professional customer support team 
  6. Contact with suppliers 
  7. Set a strategic marketing plan (SEO & Social media) 
  8. Customise your e-commerce website according to your business structure. 

Is Ecommerce Business A Profitable Business Policy?

Yes, ecommerce in Bangladesh is, of course, a profitable and trendy business worldwide. According to insider intelligence, ecommerce might reach up to 23% of retail sales within 2025. Not only does website-based e-commerce help in the ecommerce industry, but also Mcommerce and F-commerce highly contribute to growing this industry.  

E Commerce Business Licence In Bangladesh

e-commerce business licence in bangladesh

In Bangladesh, starting an ecommerce business(e-cab) typically requires several legal steps and licences to operate legally. Here are the key steps to obtain the necessary licences and registrations for an e-commerce business in Bangladesh: 

  • Register Your Business

Firstly, ecommerce entrepreneurs must register their business with the appropriate government authorities. They can choose to register their business as a sole proprietorship, partnership, private limited company, or any other suitable legal structure.

  • Tax Identification Number (TIN)

Obtain a Tax Identification Number (TIN) from the National Board of Revenue (NBR). Ecommerce entrepreneurs will need this to pay taxes and conduct financial transactions.

  • Trade License

Apply for a trade licence from the local city corporation or municipal authority. This licence is necessary for running any type of business in Bangladesh.

  • e-TIN Certificate

If an ecommerce business deals with a significant number of transactions, ecommerce entrepreneurs should get an electronic TIN (e-TIN) certificate. This certificate is required for the business to be recognized for tax purposes.

  • VAT Registration

Register the e-commerce business for Value Added Tax (VAT) with the NBR. This is mandatory for businesses engaged in the sale of goods and services.

  • E-commerce Association Registration

Consider becoming a member of the e-Commerce Association of Bangladesh (e-CAB). This is not a government requirement, but it can provide networking opportunities and resources for e-commerce businesses.

  • Domain and Hosting Registration

If an entrepreneur plans to have an online presence, he/she must register a domain name for your website and acquire web hosting services from a reliable provider.

  • Bank Account

Open a business bank account in the name of the e-commerce business. This will be used for financial transactions, including receiving payments from customers.

  • Payment Gateway Setup

If entrepreneurs plan to accept online payments, set up a payment gateway for the e-commerce website. He/she may need to work with banks or payment service providers to enable secure online transactions.

  • Intellectual Property Rights

If you sell products under a specific brand name or logo, consider trademark registration to protect your intellectual property.

  • Data Protection and Privacy Compliance

It's essential to consult with a legal professional or business advisor in Bangladesh to navigate the specific legal requirements for your e-commerce business, as regulations may change over time. 

Disclaimer##

Ecommerce entrepreneurs should familiarise themself with the latest tax and business regulations from the National Board of Revenue (NBR) and the Ministry of Commerce in Bangladesh.

Key Marketing Demographics of E-commerce Business in Bangladesh 

Since the availability of widespread Internet in Bangladesh in the early 2000s, the e-commerce industry started to grow in a drastic range. This online business industry got pace after Bangladesh Bank permitted online transactions & the buying and selling of anything using an international credit card in 2013. 

Currently, in 2023, the eCommerce Association of Bangladesh (e-Cab)-2017 predicted that there will be almost 700 ecommerce sites and 8000 F-commerce pages. 

Image source:statista

Bangladesh's Market Current Trend 

Bangladesh follows four types of ecommerce business criteria:

  • Business-to-Business (B2B)
  • Business-to-Consumer (B2C)
  • Consumer-to-Consumer (C2C)
  • Business-to-Employees (B2E)

Generally, the people of Bangladesh prefer cash on delivery instead of using debit and credit. Besides, Bangladesh faces some severe challenges in the ecommerce industry. Challenges such as: 

  • Not enough delivery companies 
  • Low internet penetration rate 
  • Online frauds 
  • Not so strong privacy policy or return policy 

Domestic Ecommerce(B2C)

Bangladesh also has different ecommerce domestic ecommerce sites like different online food delivery services such as Foodpanda, Pathao Food, etc. This online food delivery service business has drastically helped different restaurant businesses to boost up their sales also in the period of a pandemic. 

B2B eCommerce 

Bangladesh also follows B2B ecommerce in different industrial sectors, such as manufacturing and supply chain industries. Besides, the Bangladesh Garment Manufacturers Employee Association (BGMEA) established a new system of B2B ecommerce solutions for international RMG sectors and domestic garments. 

Cross Border e-commerce: 

Cross-border e-commerce was also gaining momentum, with many Bangladeshi consumers making purchases from international websites. This had implications for customs and import regulations.

Online Payment 

According to Bangladesh's perspective, cash on delivery is the safest and most reliable transaction method for ecommerce business. As per e-Cab data, 90%+ of e-commerce end-user choices choose COD getaway mode. Most ecommerce platforms offer multiple types of transaction modes.  

Mobile Ecommerce 

The International Telecommunication Union(ITU) confirmed that almost 88.1% are mobile data users, while 30% are broadband subscribers. Bangladesh is moving forward to a new milestone, which is mobile banking. Mobile banking includes cash-in, cash-out, merchant payments, utility payments, salary disbursement, foreign remittances, and fund transfers.

Legal & Regulatory Environmental

To protect the privacy of both buyer and seller, Bangladesh has developed an Information and Communication Technology (ICT) Act of 2006. In the ICT act, it's been stated that any kind of fraud will result in imprisonment/fines. 

Conclusion  

The e-commerce business in Bangladesh was a dynamic and growing industry as of 2022, driven by increasing internet penetration, changing consumer preferences, and a supportive regulatory environment. 

It was an industry with considerable potential for further expansion, but it also faced challenges that needed to be addressed, such as building trust and improving logistics. 

To get the most up-to-date information on the state of e-commerce in Bangladesh, it's advisable to consult recent reports and news sources.

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