ShopUp wins the award for best e-commerce (B2B).

For the second consecutive year, ShopUp emerged as the winner in the Best e-commerce (B2B) category at the Bangladesh Retail Congress 2024.

The prestigious award, presented at the Awards Night at Hotel Le Méridien, highlights ShopUp’s B2B platform, Mokam, for its revolutionary impact on the retail ecosystem in Bangladesh, a press release said.

Mokam connects small retailers directly with mills and manufacturers, simplifying access to essential goods and optimizing the supply chain.

With over 4.5 million retailers across Bangladesh, Mokam empowers these businesses by tackling distribution challenges, increasing profitability and helping consumers benefit from stable and affordable prices.

Shabab Din Shareq, director of ShopUp, dedicated the win to retailers, saying: “This award is for retailers who make an incredible impact in our community but are often overlooked. Their resilience and hard work are the foundation of Mokam’s success, and we are committed to supporting them to overcome challenges and grow their businesses.”

By consolidating demand through strategically located Mokam Distribution Centers (MDCs), the platform enables small retailers to source products at competitive prices, increasing their margins while reducing their dependence on intermediaries.

With advanced technological infrastructure and data-driven demand forecasting, Mokam continues to revolutionize retail in Bangladesh.

In 2023, ShopUp’s operations reached 31 million people and moved 1 million tons of goods, bringing significant benefits to small retailers and the broader economy.