News
News Categories

#MYCYBERSALE 2017 looks to generate over RM300 million in GMV

By Ian Chee - on 6 Oct 2017, 3:05pm

#MYCYBERSALE 2017 looks to generate over RM300 million in GMV

This year's edition of #MYCYBERSALE will be a collaboration between the National ICT Association of Malaysia (PIKOM) and the Malaysia Digital Economy Corporation (MDEC). It also looks to achieve over RM300 million in Gross Merchandise Value (GMV) over the course of its five-day run, from October 9 to October 13, 2017.

From L-R: Ganesh Kumar Bangah, Deputy Chairman of PIKOM and Chair of e-commerce Malaysia; Chin Chee Seong, Chairman of PIKOM; and Datuk Yasmin Mahmood, CEO of MDEC during the launch of #MYCYBERSALE 2017.

Prior to this year, the #MYCYBERSALE was organized by MDEC, and this year is PIKOM’s first year in organizing the #MYCYBERSALE, which is in its fourth year in 2017.

With over 1,000 participating online merchants,#MYCYBERSALE 2017 is also in the Malaysia Book of Records for the most number of merchants in an online sale event. Among the merchants and service partners include Fusionex, iPay88, Skynet SF Express, LWE, Involve Asia, Shippop, Exabytes Asia, Akamai, 11street, eGentic, Shopee, Aramex, eGHL, Payoneer, Maybank, TM, Celcom, and Malaysia Airlines.

Ganesh Kumar Bangah, Deputy Chairman of PIKOM and Chair of e-commerce Malaysia, said:

In line with our theme, and for the first time, we promoted micro enterprise participation, a segment that represents 10 percent of our merchant base this year.

Follow us here for more Tech News.