Covid-19 sped up that growth as people started adopting digital shopping due to lockdown restrictions and soon, e-commerce platforms started mushrooming everywhere. E-CAB Vice President Mohammad Sahab Uddin estimates that valuation of the sector in 2021 might have crossed Tk20,000 crore — about $2.32 billion. In September, the Commerce Ministry had also formed a 16-member committee to recommend measures to discipline the e-commerce sector that initially proposed forming a new regulatory body as well as new laws to regulate the sector. “Many small entrepreneurs in the e-commerce sector are women, and the policy support for expansion that ensued following the scams was certainly positive,” said Nasima Akhter Nisha, additional secretary of e-CAB. E-CAB estimates 100,000 new jobs were created in the e-commerce sector during the lockdowns, and there will be 500,000 jobs in this sector in the next three to four years.

Source: Dhaka Tribune December 30, 2021 07:09 UTC