Ecommerce got pandemic boost, still going strong

Covid-19 pandemic-induced shutdowns breathed new life into a slowly growing e-commerce market

Companies betted that the grounds were ripe for investments capitalising on the spread of smartphones and strong internet penetration across the country,

Even after virus fear eased and errant platforms collapsed, online orders are on the rise

The growing number of e-commerce businesses, the options in their virtual shelves and the base of online buyers has led to the market nearly doubling in two years since the pandemic

From the pre-pandemic level, daily orders have already grown six-fold for top online grocery store Chaldal and more than tripled for country's largest e-commerce platform Daraz

Top online bookstore Rokomari.com shipping around 5,000 books a day now, which was around 2,000 before the pandemic

Majority of the e-commerce businesses which do not deliver essential products enjoyed a fantastic annual growth in 2020 after early shutdowns
According to industry insiders, local e-commerce market is heading for a much bigger jump as the ecosystem is developing here in line with the increasing online thrust of consumers and the sellers

The rise and fall of Ponzi schemes like platforms Evaly, Dhaka, Eorange and many others has not been able to hurt the market's growth momentum

Even after discarding them, e-commerce has been at a steady annual growth of over 35% since the first wave, which was less than 25% before the pandemic

Seven dedicated companies are delivering e-commerce orders across the country within three days, while in the same city companies are competing for fastest same-day delivery

Many struggling businesses that moved to Facebook marketplace grew by 25% a year before the pandemic and it soared to over 50% in 2020 and over 35% in 2021

Both local and global investors are considering big investments in the country's e-commerce sector

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