FB-based business badly hurt
The recent decision by the government, which is not a new one, to close social media empire of Facebook has greatly affected E-commerce, as this mode is still the largest utilization for operations of the industry. An estimated loss of Tk 2 crore daily has been reported and a 25% setback of the overall E-commerce sector is expected by market insiders. Thirty percent of E-commerce is dominated by Facebook-commerce. Orders, sale, logistics are all disrupted by this security intervention, an expected date still not known for resuming normal service.
Entrepreneurs highly acclaim Facebook medium of startup promotion and operation, with 10 million Bangladeshi people using Facebook at the moment. ECab acting general secretary expressed concerns at the loss of business. BASIS general secretary, although understanding the turmoils of E-commerce, sided with the government measure to stronghold security.
@500 entrepreneurs are currently reported to utilize Facebook for business, this a well known and revered business platform for all those businessmen.
The recent decision by the government, which is not a new one, to close social media empire of Facebook has greatly affected E-commerce, as this mode is still the largest utilization for operations of the industry. An estimated loss of Tk 2 crore daily has been reported and a 25% setback of the overall E-commerce sector is expected by market insiders. Thirty percent of E-commerce is dominated by Facebook-commerce. Orders, sale, logistics are all disrupted by this security intervention, an expected date still not known for resuming normal service.
Entrepreneurs highly acclaim Facebook medium of startup promotion and operation, with 10 million Bangladeshi people using Facebook at the moment. ECab acting general secretary expressed concerns at the loss of business. BASIS general secretary, although understanding the turmoils of E-commerce, sided with the government measure to stronghold security.
@500 entrepreneurs are currently reported to utilize Facebook for business, this a well known and revered business platform for all those businessmen.
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