Golden Harvest Agro Industries has decided to close its e-commerce business due to the unstable economic outlook of the country, said the agro-processor on August 29, 2022. The listed company announced the information in a filing on the Dhaka Stock Exchange, which came a year after the launching of the e-commerce business. The article is about Golden Harvest To Shut E-commerce Business.
The board of the company decided not to run the e-commerce platform due to the country’s unstable economic outlook. However, in March 2021, the company decided to invest in the fast-rising e-commerce sector in Bangladesh to sell food, grocery items, and tickets and deliver medicine. Accordingly, it introduced the e-commerce business in August 2021. However, shares of Golden Harvest were unchanged at Tk. 18.30 on the DSE.
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