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Malaysia poised to maintain top position in Asean e-commerce market, says MDEC | Money


Tuesday, 27 Apr 2021 04:46 PM MYT
Malaysian Digital Economy Corporation (MDEC) Sdn Bhd Chief Executive Officer Surina Shukri speaking during a press conference at Malaysian Digital Corporation (MDEC) in Cyberjaya, April 2, 2021. Bernama pic
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KUALA LUMPUR, April 27 Malaysia is expected to maintain its position as one of the top e-commerce markets in Asean, with its gross merchandise value (GMV) likely to grow 6.0 per cent to US$11.4 billion (US$1=RM4.09) in 2020.
In a statement today, the Malaysia Digital Economy Corp (MDEC) said the e-Conomy SEA 2020 Report by technology giant Google, Singapore state-owned investor Temasek and global consultancy firm Bain & Company had projected Malaysia’s GMV to rise to US$30 billion in value by 2025. ....

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