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Malaysia's e-commerce transactions income surges 30 pct in Q1 amid COVID-19

KUALA LUMPUR
2021-07-06 16:32

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KUALA LUMPUR, July 6 (Xinhua) -- Malaysia's e-commerce transactions income rose 30 percent year-on-year to 254.6 billion ringgit (61.34 billion U.S. dollars) in the first quarter of 2021, as the new normal of COVID-19 gives huge boost to digital adoption among businesses, official data showed Tuesday.

The Department of Statistics Malaysia (DOSM) said in a statement that the growth was driven by manufacturing and services sectors.

As for 2020, it said, Malaysia's e-commerce transactions income surged by 32.7 percent to 896.4 billion ringgit (215.84 billion U.S. dollars).
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