Income from e-commerce transactions up 23.3% in Q221

by NUR HANANI AZMAN / pic by TMR FILE

MALAYSIA’s income from e-commerce transactions rose 23.3% year-on-year (YoY) to RM267.6 billion in the second quarter of 2021 (Q221), mainly driven by the manufacturing and services sectors.

According to the Department of Statistics Malaysia, services sector revenue jumped 20.5% YoY to RM404.5 billion in Q221 due to the low base effect.

Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said under the services sector, revenue of wholesale and retail trade, food and beverages and accommodation segment increased 21.8% YoY to RM324.6 billion.

“This was followed by the information and communication and transportation and storage segment which grew 14.7% YoY to RM59.5 billion

“Health, education, arts, entertainment and recreation segment grew 27.3% YoY to RM12.2 billion, while the professional and real estate agent segment was 8% higher at RM8.2 billion,” he said in a statement today.