Leverage Internet penetration to expand e-commerce market — Sofea Azahar | Malay Mail

Tuesday, 08 Dec 2020 10:14 AM MYT

Even in 2016, research by the World Bank had shown that the people community in Malaysia has adopted technology in their daily lives quite well with an index score of 0.64 surpassing other Asean countries like Vietnam, Philippines and Indonesia, as well as Asian economies namely China and India. The broader access to Internet could hence explain the greater Internet usage to find information about good and services and participation in social networks, and these activities could have ascended even more since the pandemic.

Reported by the Sun daily, a study conducted by MasterCard revealed that Malaysia ranks top in e-wallet usage within South-east Asia, surpassing other countries like Philippines, Thailand and Singapore.

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