ShopUp wants to be listed on NASDAQ, says its CEO

Business Report :

ShopUp wants to be listed on the NASDAQ (National Association of Securities Dealers Automated Quotations) stock market, its founder and CEO Afeef Zaman said in Dhaka on Sunday.

In a knowledge-sharing programme titled “Insight Exchange: Behind the Scenes of a Startup” at a hotel in the capital, the ShopUp CEO said, “Our 65% investors are foreign.

That’s why we want to be listed in NASDAQ as the first Bangladeshi company. Now it is our dream.”

He added, “It is a very hard task. But I think it is still possible. When we will be listed, the foreign investors will be more attracted to our company. If we can work together, I hope we will be the first NASDAQ-listed company from Bangladesh.”

ShopUp is the Singapore-based parent company of Bangladeshi B2B commerce platform Mokam, nationwide smart courier service Redx, and the lately launched FinTech Onkur.
Many people have misconceptions about startups.