About 24% of female online entrepreneurs shut down their businesses in June amid Covid-19 pandemic, a study has revealed. 

According to the findings of the study, of the many who were trying to reduce the loss of revenue by cancelling orders and selling off their stock in April, 24% have closed their businesses in June.

The study titled "Knocked Down, but Up Again: The Case of Female Online Entrepreneurs in Bangladesh" was unveiled through an online media briefing on Sunday. 

It was jointly conducted by the Brac Institute of Governance and Development (BIGD) and Brac University. 

During the study, 200 female online entrepreneur respondents were reached from April to June this year.