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E-commerce sales to remain solid

E-COMMERCE retailers are confident that the end of loan moratorium will not have a major impact on their upcoming 10.10 sales this weekend.Shopee regional MD Ian Ho said even though it has been about a week since the moratorium ended, overall traffic to the platform has remained robust.“Brands and sellers on Shopee Mall and the marketplace respectively continue to record strong demand, and seeing e-commerce appeal as a whole has recorded steady growth throughout 2020, we foresee this trajectory continuing in the coming months,” he told The Malaysian Reserve (TMR).

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