![Amanda Siddharta](https://cdn.statcdn.com/static/../CMS/contactperson/ERI3346_1724407882.jpg)
Growth rate of e-commerce market value in Malaysia 2016-2021
In 2021, the e-commerce market value in Malaysia was estimated to increase by 10.7 percent compared to the previous year. In the same year, the e-commerce market value approximately amounted to 28.5 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.