Providing sales, businesses and economic boost

13 Nov 2020 / 13:13 H.

Shopee has successfully created a big impact through its 11.11 Big Sale, building on their vision to make e-commerce for everyone. Powered by tremendous support from consumers and businesses in each of its seven markets, Shopee saw robust sales momentum throughout the day, uplifting businesses in the region while bringing excitement to consumers.

Across the region, sellers participating in the 11.11 Big Sale for the first time saw ten times more orders than an average day, as Shopee unlocked new opportunities for entrepreneurs and SMEs.

Consumers gathered at Shopee across the 11.11 Big Sale period to shop, play, and forge meaningful interactions. More than 20 million hours of live streams

were watched on Shopee Live, while Shopee’s in-app games were played more than 2.5 billion times.

Shopee Regional Managing Director Ian Ho said they are humbled by the strong support shown during the 11.11 Big Sale, as the success reflects the continued growth of e-commerce in the region and the vast opportunities it presents for businesses and shoppers.

“Shopping events such as the 11.11 Big Sale have also allowed us to push the boundaries of innovation, introducing new features and initiatives to empower and enable brands, retailers and sellers as they kick into high gear for recovery in this current economic climate,” he said.

Highlights of the Shopee 11.11 Big Sale in Malaysia

In Malaysia, the 11.11 Big Sale created a spike in shopping activity as people turned to Shopee for the best deals from their favourite brands and sellers, while enjoying greater convenience through Shopee’s ecosystem.

Home and Living, Electronics as well as Groceries and Pets Products were the bestselling categories.

Key trends include:

> Empowerment of Malaysian MSMEs: The surge in shopping activity on Nov 11 created tangible growth for local businesses. The top 3,000 Malaysian MSMEs on Shopee achieved an average of RM55,000 in sales from the 11.11 Big Sale yesterday.

> Strong demand in major cities: Predictably, major states like Selangor, Kuala Lumpur and Johor clocked in high shopping activities with 650,000 items sold in an hour in Selangor at the peak of Nov 11.

> Growing confidence and trust in online shopping: The largest single transaction made by one user on the platform within the first eight hours of the online shopping event amounted to RM70,000.

> Malaysians turn to Shopee for household needs amidst stay-at-home efforts: MILO, detergent, hand sanitizers, disinfectant, smart robot vacuum cleaners, air fryers, cookware sets as well as pet food continue to be Malaysians’ favourite. This also includes the sales of over 560,000 snacks, of which one in five were packets of the Samyang Hot Chicken noodles. Home improvement products such as tools and fittings, flooring, splashback and wall panels too recorded a high demand with close to one million items sold.

> Surge in demand for electronics: Malaysians made full use of Shopee’s exclusive deals to refresh their gadgets. Xiaomi saw its bestsellers Redmi Note 8, Mi True Wireless Earbuds and Mi Band 4C flying off the virtual shelves. Meanwhile, HUAWEI recorded about RM1 million in sales just on its Matebook D 15 within the first ten minutes of the sale on Shopee.

“Looking at customer trends and performances from local businesses, there is no doubt that e-commerce has the potential to positively impact our communities. We will continue building on our vision so they can benefit greatly from e-commerce no matter who they are and where they are. We look forward to wrapping up the year on a meaningful note with our upcoming finale event, the 12.12 Birthday Sale,” Ho concluded.

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