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
USD 1.5T
USD 10.6B
USD 2.4B
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
RM 247.1B
RM 85.8B
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.
TOPICS OF INTEREST
Go eCommerce
Discover how we’re assisting startups and industry veterans to embrace e-Commerce
Learn MoreNational eCommerce Roadmap
Discover our plans to take Malaysia’s eCommerce efforts to the next level
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SUCCESSFUL TESTIMONIAL VIDEOS
Discover how eCommerce has transformed the way Malaysians perform their daily transactions.
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