New report from projects continued growth in online retail in Malaysia

The latest publication from Hamburg-based business research company, "Malaysia B2C E-Commerce Market 2019," cites research pointing to continued expansion of the online retail sector through the middle of the next decade.
HAMBURG, Germany - Aug. 16, 2019 - PRLog -- Among the trends propelling the growth are social media shopping, cross-border purchases and use of mobile devices in the search and buy process.

Malaysia is expected to maintain a leadership role in online sales in the Southeast Asia region

Already a regional leader in the area of online retail sales growth rate and total sales, Malaysia is projected to keep this position in the near future, thanks to the high Internet penetration rate and growing comfort of connected individuals with buying online. Sources cited in the foresee double-digit growth of online retail sales through 2025.

Social media and mobile shopping help drive the expansion of online commerce.

Recent surveys cited in the report indicate that well over half of Internet shoppers in Malaysia use a mobile device for their purchases. The spread of smartphones leads to increased digital shopping. Another related trend driving increased online sales in Malaysia is social media commerce, especially through WhatsApp and Facebook applications.  Cross-border shopping from Malaysia is a further active trend helping increase total B2C E-Commerce sales in the country.

Regional online merchants compete with international sellers for the attention of Malaysian online shoppers

The Malaysian branches of two online shopping platforms based in nearby Singapore, Lazada and Shoppee are the leading websites in shopping traffic and have been in close competition in recent months in monthly total website visits. Even as these two leaders expand their product offerings and services to consumers, other regional players, such as Indonesia's Bukalapak and Chinese players such as Taobao and AliExpress are increasing their presence on the peninsula.

For further information, see:

Press Contact: GmbH & Co. KG

Behringstrasse 28a, D-22765 Hamburg

Phone: +49 (0)40 - 39 90 68 50

Fax: +49 (0)40 - 39 90 68 51






Contact Press Team
Email:*** Email Verified
Tags:Online Shopping
Location:Hamburg - Hamburg - Germany
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse GmbH & Co. KG News
Most Viewed
Daily News

Most Viewed
Daily News
PTC News

Aug 16, 2019 News

Like PRLog?
Click to Share