Is COVID-19 blessing for Ecommerce: A view from Bangladesh
Abstract
World health organization (WHO) declared that COVID-19 is a global pandemic on march 11, 2020. Though it hit first on the people of Wuhan, People’s Republic of China (PRC), in December 2019. The world come to under lockdown issue as this chronic disease spread out quickly through the world become static. The demand decline, fewer consumption, inability to supply, labor crisis, failure of distribution, etc. have wounded of economic stability. But an exceptional sector ecommerce got more acceptability during pandemic. Number of ecommerce customers and entrepreneurs have not only been risen in developed countries but also in developing countries due to pandemic such as Thailand, Singapore, Pakistan, and Bangladesh etc. about 1.5 lac entrepreneur have entered in Facebook ecommerce in Bangladesh. In 2020 the amount of domestic ecommerce transection has come to $2,077 million it was $1,648 million in 2019.Currently, there are approximately 2,500 e-commerce sites and 150,000 Facebook pages operating in our country and 80% of the total online sales are taking place in Dhaka, Chattogram, and Gazipur.
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