As of the second quarter of 2022, Shopee's number of monthly visitors in Malaysia amounted to approximately 50 million. Althought slightly declining compared to the previous quarter, the number of visitors to the e-commerce site has doubled since the COVID-19 pandemic began in the first quarter of 2020. Since then, Shopee became the most visited e-commerce platform in the country.
With the rising trend in fintech, people have more options to purchase goods through e-commerce platforms like Shopee via various e-wallets. Cashless payment apps including Shopee Pay and Touch ‘n Go are some of the leading e-wallet brands in Malaysia. The transaction value per-capita of e-payment methods in Malaysia has continued to increase every year. Shopee’s integrated payment method, coupled with the current pandemic, have made the Singaporean multinational company a leading online marketplace in Southeast Asia.
Number of monthly web visits on Shopee in Malaysia from 1st quarter 2018 to 2nd quarter 2022
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Number of monthly web visits in millions
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iPrice Group. (December 5, 2023). Number of monthly web visits on Shopee in Malaysia from 1st quarter 2018 to 2nd quarter 2022 (in millions) [Graph]. In Statista. Retrieved June 18, 2024, from https://www.statista.com/statistics/1012761/malaysia-number-monthly-web-visits-shopee-quarter/
iPrice Group. "Number of monthly web visits on Shopee in Malaysia from 1st quarter 2018 to 2nd quarter 2022 (in millions)." Chart. December 5, 2023. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/1012761/malaysia-number-monthly-web-visits-shopee-quarter/
iPrice Group. (2023). Number of monthly web visits on Shopee in Malaysia from 1st quarter 2018 to 2nd quarter 2022 (in millions). Statista. Statista Inc.. Accessed: June 18, 2024. https://www.statista.com/statistics/1012761/malaysia-number-monthly-web-visits-shopee-quarter/
iPrice Group. "Number of Monthly Web Visits on Shopee in Malaysia from 1st Quarter 2018 to 2nd Quarter 2022 (in Millions)." Statista, Statista Inc., 5 Dec 2023, https://www.statista.com/statistics/1012761/malaysia-number-monthly-web-visits-shopee-quarter/
iPrice Group, Number of monthly web visits on Shopee in Malaysia from 1st quarter 2018 to 2nd quarter 2022 (in millions) Statista, https://www.statista.com/statistics/1012761/malaysia-number-monthly-web-visits-shopee-quarter/ (last visited June 18, 2024)
Number of monthly web visits on Shopee in Malaysia from 1st quarter 2018 to 2nd quarter 2022 (in millions) [Graph], iPrice Group, December 5, 2023. [Online]. Available: https://www.statista.com/statistics/1012761/malaysia-number-monthly-web-visits-shopee-quarter/