Online Retail Sales Continue Expansion in Malaysia, Says yStats.com Report

yStats recent report, "Malaysia B2C E-Commerce Market 2018" includes projections of growth rates for online retail above 20% for the next two years, as well as a wealth of other details concerning B2C E-Commerce in the Southeast Asian nation.
By: yStats.com
 
 
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HAMBURG, Germany - April 16, 2018 - PRLog -- Malaysia's comparatively high Internet penetration contributes to the continued rapid expansion of online retail sales. Malaysia ranks second in the in Southeast Asia region after Singapore in web connectivity, and connections continue to proliferate, many of them through smartphones. Research cited in the yStats.com report shows that mobile accounted for more than 50% of all Internet traffic in Malaysia as of early this year, and mobile surfers are increasingly becoming mobile shoppers.
The online merchants leading by website traffic so far this year are regional leaders Lazada, 11Street, Shopee and Zalora. Competition among these and other smaller players is intense as they hope to capture their share of growth in B2C E-Commerce projected in the yStats.com report. The leading product category purchased online in Malaysia last year was apparel.

For further information, see: https://www.ystats.com/wp-content/uploads/2018/04/2018.04.13_Product-Brochure-Order-Form_Malaysia-B2C-E-Commerce-Market-2018.pdf
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About yStats.com
Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world's leading secondary market research companies. We are committed to providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading companies worldwide.
Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and timely reports in our areas of expertise, covering more than 100 countries and all global regions. Our market reports focus predominantly on online retail and payments, but also cover a broad range of related topics including M-Commerce, Cross-Border E-Commerce, E-Commerce Delivery, Online Gaming and many others. In addition to our wide selection of market reports, we also provide custom market research services.
We are proud to cooperate with companies like Bloomberg and Thomson Reuters. Given our numerous citations in leading media sources and journals worldwide, including Forbes and the Wall Street Journal, we are considered one of the most highly-reputed international secondary market research companies with an expertise in the areas of B2C E-Commerce and Online Payment.

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Tags:Onlineshopping, Online Shopping, Ecommerce
Industry:Business
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