Malaysia's e-commerce income reaches RM918.2bil in first nine months of 2024


KUALA LUMPUR: Malaysia's e-commerce income grew by four per cent to RM918.2 billion in the first nine months of 2024, with the highest surge recorded in the second quarter (2Q), amounting to RM309.8 billion, the Department of Statistics Malaysia (DOSM) said.

In the 3Q, e-commerce income, which consists of the Information and Communication Technology (ICT) sector's contribution to the economy, as well as its services, access, and usage performance, saw a slight decline of 0.6 per cent to RM307.9 compared to the second quarter of 2024.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
DoSM , ICT ,  Mohd Uzir Mahidin , Digital economy ,

Next In Business News

Sentral REIT appoints Tay Hui Ling as CEO
Mega First to acquire 12.5% stake in Stenta Films for RM33.10mil
DXN inks MoU with Apex-Brasil to explore Brazil, eyes US$50mil investments
F&N to focus on innovation, diversification and transformation
Mulpha International invests US$20mil in Hong Kong's Sun Hung Kai bond programme
Ringgit breaches 4.04 level against US dollar after OPR maintained at 2.75%
Capital A’s Teleport to raise US$50mil via perpetual securities
Apex Healthcare to be delisted on Jan 27
Prudential to raise stake in Malaysia life insurer holding firm to 70% for US$377mil
BWYS shareholders approve RM67mil property disposal, RM94.5mil land acquisition

Others Also Read