SWAP acquires 49% stake in BDHotDeals, SWAP’s strategic goal

SWAP acquires 49% stake in BDHotDeals, SWAP’s strategic goal

Dhaka-based recommerce startup SWAP announced early this month that it has acquired a 49% stake in the drop-shipping platform BDHotDeals. BDHotDeals allows customers to buy authentic branded products from overseas and in Bangladesh. The move comes at a time when SWAP...
Singaporean neo-bank IN Financial Technology acquires MyCash

Singaporean neo-bank IN Financial Technology acquires MyCash

IN Financial Technologies (INFT), a community-driven neo-Bank, headquartered in Singapore, announced in a press note last month that it has fully acquired MyCash, a Singapore-based international money transfer company focused on migrant workers. The companies did not...
Stock turnover drops to one-year low

Stock turnover drops to one-year low

Turnover at the Dhaka Stock Exchange (DSE) hit one-year low today while the index remained flat. The DSEX, the benchmark index of the DSE, dropped 3 points, or 0.04 per cent, to 6,696 at the end of the day. Turnover, an important indicator of the market, fell 1.8 per...

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