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BANGLADESH GIG ECONOMY OVERVIEW 2024
REVIEW
- The interests of gig workers remain unprotected in the absence of policies.
- Lack of quality employment, job insecurity, and lack of insurance against injury at work are the major issues.
- Data protection, freedom of association and collective bargaining, health and safety at work and social security are needed.
COMPANIES
- Daraz continued its expansion by becoming the most popular e-commerce brand in Bangladesh for the third year in a row.
- Pathao will set up a digital bank for its customers and employees as it is the largest growing gig economy platform in Bangladesh.
- Foodpanda has pledged to stay for long term in Bangladesh despite incurring losses of 25 million in 2022.
DID YOU KNOW?
- Bangladesh is estimated to be the 24th largest economy in the world by 2030.
- In Bangladesh, 85.1 % of workers are employed in the informal economy (43 % of Bangladesh’s GDP).
- The gig economy in Bangladesh is generating $100 million a year in revenue.