THE SCIENCE OF BUYING & SELLING THINGS ONLINE
THE SCIENCE OF BUYING & SELLING THINGS ONLINE
THE SCIENCE OF BUYING & SELLING THINGS ONLINE
WHAT EXACTLY IS ECOMMERCE?
eCommerce has become a buzzword thrown around in recent years to describe everything from online shopping to eMarketing, but what exactly is eCommerce?
To put it simply, it refers to the buying and selling of products over the Internet, and the services that support such activity, including marketing, development of online sales platforms, delivery services, and more.
WHAT EXACTLY IS ECOMMERCE?
eCommerce has become a buzzword thrown around in recent years to describe everything from online shopping to eMarketing, but what exactly is eCommerce?
To put it simply, it refers to the buying and selling of products over the Internet, and the services that support such activity, including marketing, development of online sales platforms, delivery services, and more.
WHAT EXACTLY IS ECOMMERCE?
eCommerce has become a buzzword thrown around in recent years to describe everything from online shopping to eMarketing, but what exactly is eCommerce?
To put it simply, it refers to the buying and selling of products over the Internet, and the services that support such activity, including marketing, development of online sales platforms, delivery services, and more.
Worldwide eCommerce Sales Figures
As the internet penetration rate continues to climb worldwide, eCommerce continues to enjoy a robust growth around the world. Here are the recorded eCommerce sales for 2017.
USD 2.3T WORLDWIDE
USD 1.5T ASIA PACIFIC
USD 10.6B SOUTHEAST ASIA
USD 2.4B MALAYSIA
eCommerce Contribution to GDP
In 2017, Malaysia’s eCommerce industry recorded a 14.3% year-on-year growth from 2016. Here are the figures behind Malaysia’s performance in the eCommerce space for 2017.
RM 1.35T
NATIONAL GDP for 2017
RM 247.1B
The Digital GDP contributed 18.3% to the total National GDP
RM 85.8B
The eCommerce GDP contributed 6.3% to the total Digital GDP of Malaysia
Our Strategic Initiatives
In order to further develop Malaysia’s eCommerce ecosystem, we’ve set out key strategic initiatives that would guide us in our actions.
Accelerate seller adoption of eCommerce
Increase adoption of eProcurement by businesses
Lift non-tariff barriers
Realign existing economic incentives
Make strategic investments in selected eCommerce player(s)
Promote national brands to boost cross-border eCommerce
TOPICS OF INTEREST
#eUsahawan
Pick up the skills to grow your business in a digital environment
+ Learn More
Go eCommerce
Discover how we’re assisting startups and industry veterans to embrace e_Commerce
+ Learn More
Digital Free Trade Zone
Learn how we’re intensifying Malaysia’s cross border eCommerce
+ Learn More
#MYCYBERSALE
Learn more about Malaysia’s largest annual digital sale event
+ Learn More
National eCommerce Roadmap
Discover our plans to take Malaysia’s eCommerce efforts to the next level
+ Learn More
FEATURED COMPANIES
SUCCESSFUL TESTIMONIAL VIDEOS
DFTZ Cross-border eCommerce with eBay
Discover how eCommerce has transformed the way Malaysians perform their daily transactions.
