Nation’s eCommerce income surpasses RM1 trillion


Comparing the performance of the subsectors, chief statistician Datuk Seri Dr Mohd Uzir Mahidin (pic) said the wholesale and retail trade sub-sector recorded the highest growth of 5.1% y-o-y with a revenue of RM17.1bil.

PETALING JAYA: Malaysia’s eCommerce income crossed the RM1 trillion mark for the first time in 2021, growing by almost 22% from the previous year.

Amid the Covid-19-induced weak economic conditions, eCommerce income surged to RM1.09 trillion in 2021 compared with RM896.39bil in 2020, according to the Statistics Department. The growth was driven mainly by the manufacturing and services sectors.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 0
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Business News

ECB raises rates again and pencils in at least one more hike
Fed up, BoE up, stocks up, ECB up next
ALR seeks extension on warranty claim period from highway concessionaires
Ringgit ends higher vs greenback amid low fed rate hike
Lambo triggers new admission into GN3
BLand names Chester Voo as CEO, group aviation
Grab appoints Adelene Foo as MD for Malaysia
IHH Healthcare acquires Turkey-based Kent Health Group
Xiaomi demands payout from supplier after car designs leaked
Engtex to venture into clean energy solution

Others Also Read