Malaysia's e-commerce income climbed 4% in 2024, reaching 203.82 billion USD, driven by tech adoption.

Malaysia's e-commerce income rose by 4% year-on-year to 918.2 billion ringgit (203.82 billion USD) in the first nine months of 2024. The second quarter saw the highest income at 309.8 billion ringgit, with a slight 0.6% drop in the third quarter. The Department of Statistics Malaysia attributes this growth to the widespread adoption of information and communications technology, highlighting the sector's importance to the economy and potential for future innovation.

3 months ago
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