The ninth edition celebrates unprecedented achievements in e-commerce with innovative categories and significant growth

KUALA LUMPUR, 25 May 2024 – The Malaysia Top E-Commerce Merchant Awards (Top ECM) 2024, now in its prestigious ninth edition, concluded with a grand ceremony that marked another milestone in the thriving e-commerce landscape in Malaysia. This renowned event celebrated the extraordinary innovations and sales achievements of local e-commerce entrepreneurs.

In a record year, the Top ECM Awards saw exceptional growth in total sales, reaching impressive levels Gross Merchandise Volume (GMV) of RM109,189,877.00 with total orders of 2,383,904. This year, 516 sellers were shortlisted, a significant increase from 360 participants in 2023.. This An increase of 43.3%. highlights the significant economic impact of the event on the national e-commerce landscape. These sellers were rigorously evaluated for sales performance, business potential and marketing innovation by a panel of respected e-commerce industry judges.

“The Top ECM Awards are not just about recognizing today’s successes; they are the starting point for future e-commerce leaders,” said Yong Kai Ping, CEO of Sidec. “Through this platform, we aim to inspire, educate and raise the standards of e-commerce practices across Malaysia.”

AFFIN BANK, continues its important role as main sponsorproudly supported AFFIN BANK special awards viz AFFIN BANK awards for rising stars and the AFFINGEM Women Trailblazer Awards. These awards recognized rising stars and pioneering female entrepreneurs who have demonstrated exceptional business potential and innovative practices. AFFIN BANK’s commitment has played a key role in identifying and nurturing talent in the Malaysian e-commerce community, ensuring the continuation and development of this vibrant industry. Sidec also expresses his appreciation for strategic partners Pos Malaysia, Floo, Lazada and Shopline for their invaluable support.

This year’s awards ceremony featured an exciting addition “Lazada and Shopline Special Category”, aimed at recognizing sellers who have successfully used the Lazada and Shopline platforms to promote and sell their products. In this new category, among others, competition was fierce, demonstrating the participants’ innovation and operational excellence.

They honored the ceremony with their presence Yang Berhormat Puan Hajah Fuziah Salleh, Deputy Minister of Internal Trade and Cost of Living, and Yang Berhormat Najwan Halimi, Member of the Selangor State Executive Council (EXCO) for Youth, Sports and Entrepreneurship. Their insights into the growth and challenges of the digital economy highlighted the national importance of developing e-commerce and government support for digital entrepreneurship.

This year’s winners were honored not only with cash prizes, but also with trophies and certificates in recognition of their hard work and success. The event highlighted the key role of digital platforms in achieving business success and the importance of innovative marketing in reaching a wide audience.

Main category winners:

• 1st place: Zucca Commerce Sdn Bhd

• 2nd place: Place SLL Machinery Hardware Sdn Bhd

• 3rd place: Desince Sdn. bhd.

Awards:

Additionally, the event included six specialized training sessions and industry visits to major e-commerce and digital marketing giants such as Lazada, Alibaba, Securities Commission Malaysia and Matrade. These sessions were designed to equip participants with the skills and tools necessary to excel in the competitive e-commerce environment.

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