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: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Next In Business News

TNB: Meeting on probe over July 27 power outage has started
Wall St set for higher open after selloff on jobs data
BAssets disposes 0.44% equity interest in BCorp for RM5.64mil
Hextar to acquire entire stake in HFL for RM480mil to expand fertiliser business
Hong Leong Bank chairman weighs options for stake in bank - sources
LSH Capital diversifies into construction business
Yinson partners GoCar for EV charging
Ringgit ends easier against US dollar
Southern Cable proposes 1-for-2 bonus issue of warrants
Tengku Zafrul: Govt committed to strengthen budget 2023 preparation process

Others Also Read