Malaysia among top Asean e-commerce markets

“This will further give confidence and drive the growth and development of the digital economy, fuelling our efforts to create an innovative, inclusive and technology-integrated society in line with Malaysia 5.0, ” said MDEC chairman Datuk Wira Dr Rais Hussin Mohamed Ariff.(pic)

KUALA LUMPUR: Malaysia is among top e-commerce markets in Asean, with gross merchandise value (GMV) expected to have grown 6% year-on-year to US$11.4bil (RM47.04bil) in 2020, according to the Malaysia Digital Economy Corp (MDEC).

In a statement, MDEC noted that at end-2020, a total of 489,000 micro, small and medium enterprises (MSMEs) had adopted e-commerce while 378,000 SMEs were trained to utilise e-commerce platforms.