IOSR Journal of Business and Management (IOSR-JBM) e-ISSN: 2278-487X, p-ISSN: 2319-7668. Volume 16, Issue 7. Ver. II (July. 2014), PP 01-06 www.iosrjournals.org www.iosrjournals.org 1 | Page Overview the E-Commerce in Bangladesh. Md. Mohiuddin Associate Professor, Department of Management Studies, Jagannath University, Dhaka-1100, Bangladesh. Abstract: Electronic commerce, commonly known as e-commerce which consists of the buying and selling of products or services over electronic systems such as the internet and other computer networks. Electronic commerce is rapidly growing as an impressive manifestation of globalization. The rapid expansion of e- commerce is a major opportunity for local and international trade development of LDCs including Bangladesh. The amount of trade conducted electronically has grown dramatically since the spread of the internet. A wide variety of commerce is conducted in this way, spurring and drawing on innovations in electronic fund transfer, supply chain management, internet marketing, online transaction processing, electronic data interchange, automated inventory management systems and automated data collection systems. Modern electronic commerce typically uses the World Wide Web at least at some point in the transaction’s life cycle, although it can encompass a wider range of technologies such as e-mail as well. Bangladesh has also stepped into the arena of e-commerce slowly but surely. This work focuses on the overall e-commerce websites and business to consumer category of Bangladesh (B2C). This article emphasizes on secondary sources data collection. The report ends with recommendations and conclusion. Keywords: E-commerce, Business to Business (B2B), Business to Consumer (B2C), Business to Government (B2G), E-Market. I. Introduction Electronic commerce or e-commerce is a term for any type of business, or commercial transaction that involves the transfer of information across the internet. It is currently one of the most important aspects of the internet to emerge. E-commerce has grown rapidly Worldwide and also in Bangladesh. At present internet services are available in Bangladesh. Its usage for e-commerce by Bangladeshi producers to expert as well as to access inputs will be dependent on their willingness and ability to use this medium as well as that of the buyers of final products and the sellers of intermediate goods and services. In Bangladesh, among the dimensions of e- commerce, there is a limited application and use of B2C e-commerce. But a significant portion of total e- commerce websites are engaged in C2C e-commerce which is auction based commerce between consumers to consumer. Other fields are not yet much developed in Bangladesh. There are many reasons behind this one simple reason this country is not so developed and most of its citizens are poor and uneducated. It is quite natural that there are few customers who is willing and can shop in internet. It might take years to be developed in this sector in Bangladesh, but there are evidence found that it is also growing rapidly and soon will reach at a prosperous stage. There are over 2 billion internet users Worldwide in 2011 and it is forecast this number will exceed 3 billion by 2015 and the world B2C e-commerce industry generated between $400 billion and $600 billion in 2010 according to yStats.com, which estimates the market will generate somewhere from $700 billion and $950 billion in 2015. Social media continues to fuel the B2B e-commerce market, which aims to boost electronic business process efficiency, reports T systems. E-commerce is being considered as a separate, profitable field business and intermediary actors are updating their B2B business models, while embracing aspects of social media. Besides, competitive advantages determine whether a company can move forward, E-commerce is the right tool for gaining competitive advantage now-a-days in Bangladesh. Some restrict the definition of e- commerce only to internet rather telecommunication and telecommunication based tools are also involved in e- commerce activities. In Bangladesh perspective, the broader definition is accepted to all. Like traditional commerce, e-commerce does not involved only in buying and selling of goods and services rather includes intra- company and inter-company functions like negotiations and transactions, manufacturing and marketing etc. using email, Electronic Data Interchange (EDI), fax, file transfer, video conferencing etc. depending on the involvement with electronic means, a company can be either a complete or partial e-commerce user. Much debate surrounds the blooming e-commerce industry in Bangladesh, with different views on whether the proliferation and growth of e-commerce companies and the valuation that some of them have generated is merely a bubble or just the tip of the iceberg. Right now more than 6.5 million people are using Internet in the country with the help of around 200 private registered Internet Service Providers (ISP) and dial-up services and the cost of using Internet is low. The increasing number of user of Internet creates more opportunity of e- commerce in the recent years. Around 100 million people use mobile services and 15 or 20 percent people take