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.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

MSPO certification helps Malaysia meet sustainability requirements in FTAs, says MPOB
Teamstar signs underwriting agreement with TA Securities for ACE Market IPO
Melati Ehsan redesignates COO to CEO
TM Nxera partners with TNB to secure 280MW for data centre campus
Favelle Favco acquires France-based Seram Industries SAS
Ringgit ends firmer as concerns over Fed independence weigh on US dollar
HE Group wins power distribution system contract
Awanbiru appoints Azizah Ali as its group CEO
MN Holdings proposes transfer to the Main Market of Bursa Securities
Vantris Energy divests stake in L&T-Sapura Shipping for 124mil

Others Also Read