M'sia poised to maintain top position in Asean e-commerce market

Malaysia is expected to maintain its position as one of the top e-commerce markets in Asean, with its gross merchandise value (GMV) likely to grow 6.0 percent to US$11.4 billion (RM46.7 billion) in 2020.

In a statement today, the Malaysia Digital Economy Corp (MDEC) said the e-Conomy SEA 2020 Report by technology giant Google, Singapore state-owned investor Temasek and global consultancy firm Bain & Company had projected Malaysia's GMV to rise to US$30 billion in value by 2025...