E-COMMERCE in Malaysia has seen exponential growth, particularly accelerated by the Covid-19 pandemic in 2020, which forced consumers to adapt to online shopping due to lockdowns and social distancing measures.
In 2024, Malaysia’s e-commerce market is projected to be worth US$10.72bil (RM45.71bil). By 2029, it’s expected to nearly double, reaching US$20.93bil (RM92.76bil), with an annual growth rate of more than 14% during this period.
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