Digital commerce continues to drive retail growth in 2Q22


Magnus Ekbom

KUALA LUMPUR: Digital commerce will be a resilient driver of retail growth in second quarter of 2022 as sellers in Southeast Asia continue to adopt a confident outlook on business growth, according to Lazada's Q1 2022 Digital Commerce Confidence Index (DCCI).

The confidence index also noted that the Ramadan and Holy Week in celebrating countries, as well as the upcoming summer holidays are important drivers of the positive outlook, as these occasions often translate to increased demand and consumption, a statement from Lazada said today.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 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

KPJ Healthcare appoints Prof Datuk Dr Hanafiah Harunarashid as chief medical director
Ringgit ends flat against US$
AWC units secure RM26.6mil projects in Malaysia, Singapore
AutoCount gets approval to transfer to Main Market
Plenitude posts net profit of RM26.25mil in 2Q
Midtown unit bags RM40.5mil data centre job in Cyberjaya
Ireka unit accepts RM125mil construction job in Bintulu
Sapura Industrial subsidiary inks supply agreement with lithium battery manufacturer
Bursa Malaysia closes at intraday high on late buying
Teladan inks partnership with Melaka Corp to promote German Technology Park

Others Also Read