Bangladesh sees e-com­merce boom

China Daily (Hong Kong) - - BUSINESS -

Bangladesh e-com­merce recorded an im­pres­sive growth of about 67 per­cent in the first three quar­ters of 2016, thanks to the coun­try’s large young pop­u­la­tion and high rate of in­ter­net pen­e­tra­tion, a cen­tral bank of­fi­cial said on Mon­day. E-com­merce is mostly based on debit and credit cards in Bangladesh. The un­named Bangladesh Bank of­fi­cial said that the coun­try’s e-com­merce trans­ac­tions reached 3.59 bil­lion taka ($50 mil­lion) dur­ing the Jan­uary-Septem­ber pe­riod this year. The fig­ure for the same pe­riod last year was 2.16 bil­lion taka.

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