During the visit, Atakhaniv was “deeply impressed” by the advanced technologies and sustainable practices employed at Beximco, according to a news release
Telenor shutting down online classifieds site Ekhanei
The owners of online classifieds site Ekhanei have announced its closure in Bangladesh.
Published : 16 May 2017, 08:37 AM
Updated : 16 May 2017, 01:33 PM
The company will end its operations effective May 17.
A press release from the Telenor Group cites the market conditions of the online classifieds market and the inability to develop a ‘sustainable and profitable’ business as the reason for the closure.
The company’s owners, Telenor, Schibsted and Naspers are currently attempting to take care of the affected employees, who will be offered severance packages according to the policies of the company.
On May 11 Telenor announced it had come to an agreement with Schibsted concerning its online classifieds ventures. Under the agreement Telenor had exited the Latin American joint venture (SnT) and acquired Schibsted’s stake in joint ventures in Malaysia, Vietnam and Myanmar (701 Search).
Telenor will now own 100 percent of 701 Search, its assets in Malaysia, Vietnam and Myanmar and the headquarters in Singapore.
The company has also announced it will continue co-operation in other joint ventures in Thailand and Indonesia alongside partners Schibsted, SPH and Naspers.
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