M’sians spent 13% more on Singles Day this year


Data from iPrice revealed a 13% increase in consumer spending when compared with previous years, from RM245 (average in 2018 and 2017) to RM277 on Nov 11 this year. Secondly, consumers spent the most money on electronics and automotive items. They spent an average of RM422 on electronics, and RM228 on automotive products on Nov 11.

PETALING JAYA: Malaysian consumers spent an average of RM277 on each online order during Singles Day (Nov 11,2019), 113% more than the average household spending in a single day.

Data from iPrice revealed a 13% increase in consumer spending when compared with previous years, from RM245 (average in 2018 and 2017) to RM277 on Nov 11 this year.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Singles day , Nov 11 , spending , electronics , automotive

   

Next In Business News

U Mobile likely to collaborate to defray 5G capex estimated at RM3bil-RM4bil - RHB Investment Bank
Malaysia's IPI up 3.6% in Nov 2024
Malaysia's blue chips see some buying support ahead of key US jobs report
China's central bank halts bond buying, possibly with eye on yuan
PETRONAS reaches final investment decision for Indonesia's Hidayah development
Sime Darby Property acquires two modern logistics warehouses in Selangor for RM232mil
Australian dollar near 2-year trough, ANZ sees Feb rate cut
Ringgit slightly up against US$ in early trade
Bargain-hunting to lift FBM KLCI after two-day plunge
Trading ideas: Public Bank, Gamuda, Dialog, Parkson, Yinson, Green Packet, T7, MPHB, NPC, SMI

Others Also Read