Press Release: Malaysia B2C E-Commerce Market 2015
“Malaysia B2C E-Commerce Market 2015”, a new report by yStats.com, a secondary market research company based in Hamburg, Germany, sheds light on the recent developments and the potential of the online retail market in Malaysia. The report finds that B2C E-Commerce in this country is expected to maintain rapid growth, supported by relatively developed logistics and Internet penetration by regional standards. Read more here: https://www.ystats.com/b2c-e-commerce-in-malaysia-supported-by-relatively-developed-logistics-and-internet-infrastructure/
Published on: Mar 4, 2016
Transcripts - Press Release: Malaysia B2C E-Commerce Market 2015
Hamburg, August 28th
B2C E-Commerce in Malaysia Supported by Relatively Developed Logistics and Internet
“Malaysia B2C E-Commerce Market 2015”, a new report by yStats.com, a secondary market research company based in
Hamburg, Germany, sheds light on the recent developments and the potential of the online retail market in Malaysia. The
report finds that B2C E-Commerce in this country is expected to maintain rapid growth, supported by relatively developed
logistics and Internet penetration by regional standards.
Malaysia ranked second in Southeast Asia in Internet penetration and had the highest logistics performance index in its
region and income group in 2014. With the infrastructure thus being relatively advanced, B2C E-Commerce in Malaysia has a potential
to grow rapidly at double-digit rates over the next five years. The online share of total retail sales is projected to increase more than
five-fold over the same period from just over 1% in 2013.
An important characteristic of the Malaysian B2C E-Commerce market is that convenience is the key motivation for
consumers to shop online. However, the main discouraging factor is lack of interest in online shopping, holding back the majority of
over three-quarters of Internet users who do not yet make purchases online. Another interesting fact is that food and beverage was
the second most popular product category in online shopping in Malaysia, purchased almost as much as clothing.
Furthermore, a medium-high double digit share of online purchases in Malaysia was reported to come from cross-border
sales last year. Global E-Commerce websites Aliexpress.com, Alibaba.com and Amazon.com are among the top 10 most visited
online shopping websites in Malaysia. The leading local and regional players include online classifieds website Mudah.my and online
retailer and marketplace Lazada.com.my. A newcomer is the E-Commerce marketplace 11Street.my, launched by Korean companies
SK Planet, and Celcom Axiata Berhad, which in a matter of a few months became one of the most visited online shopping websites in
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Founded in 2005 and headquartered in Hamburg, Germany, yStats.com is one of the world's leading secondary market research companies. We
are committed to providing the most up-to-date and objective data on Global B2C E-Commerce and Online Payment markets to sector-leading
Our multilingual staff researches, gathers, filters and translates information from thousands of reputable sources to synthesize accurate and
timely reports in our areas of expertise, covering more than 100 countries and all global regions. Our market reports focus predominantly on
online retail and payments, but also cover a broad range of related topics including M-Commerce, Cross-Border E-Commerce, E-Commerce
Delivery, Online Gaming and many others. In addition to our wide selection of market reports, we also provide custom market research services.
We are proud to cooperate with companies like Bloomberg and Thomson Reuters. Given our numerous citations in leading media sources and
journals worldwide, including Forbes and the Wall Street Journal, we are considered one of the most highly-reputed international secondary
market research companies with an expertise in the areas of B2C E-Commerce and Online Payment.