ShopUp has entered into a Memorandum of Understanding (MoU) with Trust Bank Limited at ShopUp’s Dhaka head office. The MoU entails providing Shariah-based investment facilities to business partners of distribution centers across the country through ShopUp’s B2B commerce platform, ‘Mokam.’
Mokam has transformed the B2B commerce landscape by connecting mills and manufacturers directly to small shops, benefiting 3.1 crore people nationwide. This strategic partnership aims to facilitate the expansion of partners’ businesses and contribute to reaching a wider audience with essential commodities.
The Chief of Staff at ShopUp emphasized the significant role this agreement will play in nationwide business expansion, with a goal to ensure affordable quality food for 8 crore people by 2026. The signing ceremony was attended by senior officials from both ShopUp and Trust Ban
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