e-Commerce Association of Bangladesh (e-CAB) is devoted to the development of the Bangladeshi e-Commerce sector.
e-Commerce has been in Bangladesh since the late 90s. Initially, it observed slow growth but in the last five years there has been major rise in the popularity of e-Commerce. It would become a billion dollar industry in the next five years creating jobs for thousands of people. The e-Commerce Association of Bangladesh (e-CAB) has been created to improve the e-Commerce sector of Bangladesh. There are currently around 500 websites and 2000 Facebook companies.
e-Commerce is not an isolated sector but related to banking, mobile network, courier etc. In order to ensure the growth of the e-Commerce sector, e-CAB will focus on- online shop and e-Service, e-Payment and transaction, e-Security, e-Commerce policy and guidelines, service delivery, e-Commerce awareness and training, Product quality improvement, and research.
However, there are many problems that need to be addressed for e-Commerce to reach its full potential.
e-CAB has been created to address the existing problems of e-Commerce to ensure its growth. E-CAB aims to serve as a common platform for companies involved in the Bangladeshi e-Commerce industry. e-CAB will serve as their voice. In addition, e-CAB will undertake different activities including research, publication, training, workshop, seminars, etc., for the improvement of the e-Commerce sector.