In 2021, the e-commerce market value in Malaysia was estimated to increase by **** percent compared to the previous year. In the same year, the e-commerce market value approximately amounted to **** billion Malaysian ringgit. With Malaysia's high Internet penetration rate contributing to the strength of Malaysia's e-commerce market, the market value is anticipated to grow further in 2022.

The e-commerce market value in Malaysia reached around ** billion Malaysian ringgit in 2024. This was an increase by nearly *** billion Malaysian ringgit compared to 2023, when the e-commerce value was at around **** billion Malaysian ringgit. The value of e-commerce in the country has been increasing since 2016. Online shopping behavior At the beginning of the COVID-19 pandemic, the Malaysian government imposed the Movement Control Order (MCO), which drove consumers to shop online instead of at physical stores. Malaysia’s share of online shoppers in Malaysia gradually increased from the second quarter of 2020. The majority of consumers also admitted that the leading e-commerce sites in Malaysia, like Shopee, Lazada, and PG Mall, received millions of clicks monthly. The